Top oil companies will meet with President Donald Trump on Friday to discuss rebuilding Venezuela's oil industry.
The largest oil companies are likely to move slower in terms of making investments in Venezuela, with wildcatters or independent oil companies likely to move much more quickly, U.S. Treasury Secretary
Chevron is the only one of the three major U.S. oil companies that operates in Venezuela. ConocoPhillips and ExxonMobil exited Venezuela in 2007 after Hugo Chávez nationalized the industry.
PSX, WTI and OII could benefit as oil market volatility reveals selective opportunities amid mixed inventory signals.
Stock futures pointed lower Thursday, a day after the benchmark S&P 500 and blue-chip Dow Jones Industrial Average set fresh all-time highs before retreating.
Tom Friedman, The New York Times opinion columnist, joins 'Squawk Box' to discuss the situation in Venezuela following the capture of president Nicolas Maduro, practicality of America's Venezuela oil
Commonwealth Equity Services LLC cut its holdings in shares of Phillips 66 (NYSE: PSX) by 7.5% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and
U.S. oil companies want "serious guarantees" from Washington before they make large investments in Venezuela, as President Donald Trump urges them to back his bid to reshape energy markets, the Financ
Phillips 66 agrees to buy the Lindsey Oil Refinery assets in the U.K., planning to integrate key infrastructure into its Humber operations to enhance the U.K.'s energy security.
Major stock indexes were mixed Wednesday, with the Dow Jones Industrial Average and S&P 500 setting fresh all-time highs before the Dow turned lower.
CVX, PSX and VLO may benefit as Trump signals the possibility of U.S. access to Venezuela's heavy crude, improving prospects for producers and complex refiners.
President Donald Trump said Venezuela would turn over between 30 million and 50 million barrels of sanctioned oil to the United States, a move he estimated at r
Executives from Phillips 66 (NYSE: PSX) outlined their strategic priorities across refining, midstream, chemicals, and capital allocation during a conference session hosted by Goldman Sachs. The discu
Refiners in the U.S. have the distinctive ability to handle the type of heavy crude Venezuela claims to have in abundance.
Phillips 66 (PSX) Presents at Goldman Sachs Energy, CleanTech & Utilities Conference Transcript
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