Chevron posts profit on deep cost cuts, third-quarter results

Chevron Corp on Friday reported an adjusted third-quarter profit as oil prices recovered from spring lows and spending cuts benefited operating results.

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Exxon Corp posts third-quarter results, net loss of $680 million

Exxon Mobil Corp posted its third straight quarterly loss on Friday and detailed deeper spending cuts to come, as the oil major reels from the COVID-19 pandemics impact on energy demand and prices

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Shell Raises Dividend as third-quarter Profit Beats Expectations

Royal Dutch Shell Plc tried to lift itself out of the deepest share-slump in a quarter-century, promising more cash for shareholders even as its business is buffeted by climate change and the coronavirus pandemic

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Libya oil production at 680,000 barrels per day

Libyan oil production has reached 680,000 barrels per day (bpd), a Libyan oil source told Reuters on Thursday, more than a third higher than earlier this month, as the OPEC member seeks to revive its oil industry.

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Iraqi Crumbling Economy Is Becoming a Threat to OPEC

From his third-floor office in eastern Baghdad, Iraqi Oil Minister Ihsan Abdul Jabbar can see the rowdy protesters below as they march toward Tahrir Square, the symbolic heart of Iraq’s latest uprising.

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About half of the US Gulf of Mexico oil and gas volumes offline ahead of Zeta

Roughly half of all the oil and gas production from the US Gulf of Mexico was shut in Oct. 27 ahead of Tropical Storm Zeta, which is expected to again strengthen into a hurricane before making a projected landfall in southeastern Louisiana.

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Royal Dutch Shell: More Than Just Oil And Gas

There is always a lively debate in the comment section of articles about Royal Dutch Shell (RDS.B) (RDS.A). People are usually divided into two camps. One represents those that think RDS should stick to producing and selling as much oil and gas as they possibly can, and certainly not waste shareholders’ funds on

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Potential Impacts On Oil Industry Of A Biden Administration

Prospects for a near-term surge in U.S. oil production are unlikely regardless of whether President Donald Trump wins a second term or former Vice President Joe Biden captures the White House in the November 3 election.

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