Monday, July 6, 2020

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Buffett’s Berkshire to buy Dominion Energy gas assets for $4 bln

July 5 (Reuters) - Warren Buffett's Berkshire Hathaway Inc said on Sunday it agreed to buy Dominion Energy Inc's natural gas transmission and storage...

Wall Street sees Exxon paring asset values on weakening demand

HOUSTON, July 2 (Reuters) - Exxon Mobil Corp assets are likely overvalued in light of weak oil-demand outlook, according to Wall Street analysts, and...

Oil falls below $43 on virus fears, still heads for weekly gain

LONDON, July 3 (Reuters) - Oil fell below $43 a barrel on Friday as a resurgence of coronavirus cases raised concern that fuel demand...

Refiner Phillips 66’s return-to-work policy stirs unease as virus flares

DENVER/HOUSTON, July 3 (Reuters) - About 20 employees of U.S. oil refiner Phillips 66 tested positive at its Texas headquarters for COVID-19 in recent...

U.S. oil & gas rig count hits record low for 9th week -Baker Hughes

July 2 (Reuters) - U.S. energy firms cut the number of oil and natural gas rigs operating to a record low for a ninth...

Near-record oil stockpiles at U.S. Gulf Coast pressure prices of domestic grades

July 2 (Reuters) - Near-record crude stockpiles at the U.S. Gulf Coast will anchor prices of domestic oil grades through the end of this...

Fuel demand shock threatens future of Australia’s oil refineries

MELBOURNE, July 2 (Reuters) - A coronavirus-driven collapse in fuel demand is threatening Australia's oil refining industry, just as supply chain disruptions wrought by...

Nornickel draws up permafrost monitoring plan after Arctic fuel spill

MOSCOW, July 2 (Reuters) - Russia's Norilsk Nickel , a major global nickel and palladium producer, has prepared a long-term programme to monitor permafrost...

Oil prices rise on drop in U.S. unemployment, crude stockpiles

LONDON, July 2 (Reuters) - Oil prices rose on Thursday after data showed a fall in U.S. unemployment and a sharp drop in crude...

South African refinery explosion kills two, injures seven

CAPE TOWN, July 2 (Reuters) - Two people were killed on Thursday in an explosion at Astron Energy's 100,000 barrel per day refinery in...

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Buffett’s Berkshire to buy Dominion Energy gas assets for $4 bln

July 5 (Reuters) - Warren Buffett's Berkshire Hathaway Inc said on Sunday it agreed to buy Dominion Energy Inc's natural gas transmission and storage...

Wall Street sees Exxon paring asset values on weakening demand

HOUSTON, July 2 (Reuters) - Exxon Mobil Corp assets are likely overvalued in light of weak oil-demand outlook, according to Wall Street analysts, and...

Oil falls below $43 on virus fears, still heads for weekly gain

LONDON, July 3 (Reuters) - Oil fell below $43 a barrel on Friday as a resurgence of coronavirus cases raised concern that fuel demand...

Refiner Phillips 66’s return-to-work policy stirs unease as virus flares

DENVER/HOUSTON, July 3 (Reuters) - About 20 employees of U.S. oil refiner Phillips 66 tested positive at its Texas headquarters for COVID-19 in recent...