Most people in the U.S. need to pay federal income taxes – but dozens of the most profitable U.S. corporations do not. A recent report by the Institute on Tax Continue Reading
Driven by a risk-taking chief executive, Occidental Petroleum Corp. is trying to swallow a competitor close to its own size, outmaneuvering one of the world’s oil giants in the process. Continue Reading
BP, the biggest oil producer in the U.S. Gulf of Mexico, has just announced that it is expanding the development at one of its fields, unlocking additional production from its Continue Reading
You have to hand it to President Trump. He’s increasingly becoming the most indecisive president in U.S. history. His apparent and abrupt about-face on Sunday to increase tariffs on Chinese Continue Reading
President Trump’s administration has been reluctant to use its power to protect species threatened with extinction, as scientists around the globe warn of a deepening crisis in the loss of Continue Reading
BP’s head of digital upstream Rob Kelly says work should be just as enjoyable as being at home. Rob Kelly, head of upstream digital for BP, had just come from Continue Reading
Crude oil futures were stable during mid-morning trade in Asia Tuesday, as market participants mostly stayed on the sidelines eying fresh cues amid the re-emergence of US-China trade tensions. At Continue Reading
Oil futures edged higher in volatile trade on Monday as rising tensions between the United States and Iran buoyed prices after they touched a one-month low following U.S. President Donald Continue Reading
Trump’s trade war may have depressed oil prices at the start of the week, but the U.S.’ decision to send warships to the Middle East is an ominous sign of Continue Reading
Volatile crude prices and weak refining margins led to lower earnings at all five oil supermajors in the first quarter of 2019, suggesting that Big Oil shouldn’t stay complacent several Continue Reading
