oil industry

Coronavirus: US Oil Prices Fall to Lowest Level Since 1999

The price of US oil has dropped to a level not seen since 1999, as demand dries up and storage…

5 years ago

5 Trends That’ll Shape the Oil and Gas Industry in 2019

More than 4 billion metric tonnes of oil is produced annually. But as big as the oil and gas industry is, there…

6 years ago

ExxonMobil Profit Hit by Low Oil Prices in Q1 2016

Low crude oil prices and weak refining margins have hit ExxonMobil and rival Chevron’s profits in Q1 of 2016. ExxonMobil…

9 years ago

Halliburton in talks to buy Baker Hughes

Oil industry giants, Halliburton and Baker Hughes, are in talks about a possible merger. Baker Hughes, the industry's third largest…

10 years ago