OIL Headlines

  • Chevron evacuates Venezuela executives following staff arrests

    (Reuters) - U.S. oil major Chevron Corp has evacuated executives from Venezuela after two of its workers were imprisoned over a contract dispute with state-owned oil company PDVSA, according to four sources familiar with the matter.

    www.reuters.com
  • Chevron evacuates Venezuela executives following staff arrests

    U.S. oil major Chevron Corp has evacuated executives from Venezuela after two of its workers were imprisoned over a contract dispute with state-owned oil company PDVSA, according to four sources familiar with the matter.

    U.S.
  • Trump's revenge: U.S. oil floods Europe, hurting OPEC and Russia

    MOSCOW/LONDON (Reuters) - As OPEC's efforts to balance the oil market bear fruit, U.S. producers are reaping the benefits - and flooding Europe with a record amount of crude.

    www.reuters.com
  • Exclusive: Arrested Chevron workers could face treason charge in Venezuela

    HOUSTON/CARACAS (Reuters) - Two Chevron Corp. employees detained in Venezuela last week could be charged with treason for refusing to sign a parts contract for a joint venture with state-owned oil company PDVSA, according to two sources familiar with draft charges against the U.S. firm's executives.

    www.reuters.com
  • Libyan oil pipeline attacked by 'terrorist group'

    BENGHAZI, Libya (Reuters) - A Libyan crude pipeline owed by the al-Waha oil company was attacked on Saturday by a “terrorist group”, a company source said. A fire broke out but it was to early to say whether production had been affected, the source said. The pipeline was attacked in December.

    www.reuters.com
  • Exclusive: OPEC's new price hawk Saudi Arabia seeks oil as high as $100

    DUBAI/LONDON (Reuters) - Top oil exporter Saudi Arabia would be happy to see crude rise to $80 or even $100 a barrel, three industry sources said, a sign Riyadh will seek no changes to an OPEC supply-cutting deal even though the agreement's original target is within sight.

    www.reuters.com