06:05 AM EDT, 06/26/2024 (MT Newswires) -- Exxon Mobil ( XOM ) may have to halt production at its Gravenchon refinery in northern France if striking workers continue to block access, Reuters reported on Tuesday. Exxon told Reuters that some strikers are still blocking access, adding, If this continues, we may have no choice but to suspend production from the...

(Reuters) - U.S. oil and gas companies could face an uphill struggle to sell about $27 billion of assets to fund investor payouts over the next few years as the biggest wave of energy megamergers in 25 years nears the end of regulatory reviews. The share buybacks and dividends are needed to lure investors back to an industry that many...

By Arathy Somasekhar HOUSTON (Reuters) - U.S. crude oil imports last month rose to a nearly two-year high as refiners scooped up heavy crudes from Canada and Latin America to process into fuels for summer driving season. Imports of crude oil rose to 3.1 million barrels per day (bpd) in May, the highest since July 2022, data from ship tracking...

LONDON, June 26 (Reuters) - Private equity giant Blackstone has agreed to buy British hotel operator Village Hotels, the company said in a statement on Wednesday, part of a wider investor push into the hospitality sector as it outperforms the broader commercial property market. Blackstone said funds managed by the firm had completed an acquisition of the hotel operator, which...