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US gas drillers run to stand still as output falls

  Bloomberg US natural gas producers are running hard to stand still. The number of rigs drilling for gas has almost doubled since August, but output continues to fall. Even accounting for a lag between the start of drilling and first production, the drop in output is striking — a well in the Marcellus Shale, America’s most prolific reservoir of ...

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LNG, a White House darling for promoting energy jobs

  Bloomberg The White House has a new darling in the energy sector: liquefied natural gas. First Gary Cohn — President Donald Trump’s top economic adviser — voiced support for a terminal in the US Northwest that would send tankers full of LNG to Asia. Then, Energy Secretary Rick Perry praised an export terminal proposed by Exxon Mobil Corp. and ...

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Exxon Corp slows quarterly dividend growth in 2 years

  Bloomberg Exxon Mobil Corp. has boosted it’s dividend every April for at least a decade, delivering more than $98 billion directly to shareholders. This year, the payout will likely rise again. The open question is by how much. Exxon slowed quarterly dividend growth the last two years as the industry fought through the worst price rout in a generation. ...

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