Chevron
Violent Struggle Over Oil and Money Rattles Global Energy Market
published May 18th 2016, 6:01 pm, by Elisha Bala-Gbogbo and Javier Blas (Bloomberg) — After years of relative peace, militants are again blowing up the pipelines that criss-cross the mangrove swamps of Nigeria’s Niger River delta, reducing oil output to the lowest in almost three decades and fueling a rally
Oil Companies Curtail Spending on Everything–Except Dividends
©2015 Bloomberg News NWYBGZ6KLVRL (Bloomberg) — Oil executives are standing by promises to protect dividend payouts from the collapse in crude prices even as they fire workers, cancel drilling projects and sell everything from oil fields to aircraft to conserve cash. Exxon Mobil Corp., the world’s biggest oil explorer, declared
Bloomberg Business: U.S. Refinery Strikes Drag On Even With National Accord Reached
Copyright 2015 Bloomberg. NL4F8F6K50XW (Bloomberg) — United Steelworkers members on strike at some oil refineries across the U.S. will remain off the job until they receive offers that match up with a national deal reached Thursday, a union representative said. USW members at Tesoro Corp.’s Carson oil refinery in California have