U.S. Oil Companies Are ‘Battening Down the Hatches’

U.S. Oil Companies Are ‘Battening Down the Hatches’

The industry is bracing for the OPEC Plus oil cartel’s meeting on Saturday, which is widely expected to further increase oil production despite weak demand.
Exxon and Chevron Report Lower Profits While Girding for Tariffs

Exxon and Chevron Report Lower Profits While Girding for Tariffs

President Trump’s trade policies have helped to push down oil prices while raising the costs of materials for oil and gas companies.
U.S. Gas Industry Pushes Back on Trump Shipbuilding Rules

U.S. Gas Industry Pushes Back on Trump Shipbuilding Rules

The main oil and gas trade group wants the Trump administration to reconsider maritime rules released in April that would require it to use some U.S. ships to transport liquefied natural gas.