Texas lawmakers are poised to pass several measures designed to help pay for the billions of dollars of energy costs stemming from catastrophic blackouts during the severe winter storm that Continue Reading
Exxon Mobil Corp. CEO Darren Woods suffered one of the biggest setbacks of his career at the hands of a tiny activist investment firm established less than six months ago. At Continue Reading
Exxon Mobil’s shareholders have voted to replace at least two of the company’s 12 board members with directors who are seen as better suited to fight climate change, bolster Exxon’s Continue Reading
An activist investor’s successful campaign to win seats on the board of Exxon Mobil Corp. XOM 1.17% represents a historic defeat for the oil giant, one that will likely force it to more directly confront growing Continue Reading
Ford Motor Co. F 8.51% shares rose to their highest level in nearly five years, after the auto maker outlined a tech-centric strategy to electrify much of its vehicle lineup and sharply grow its Continue Reading
Production to fall 400 MMcf/d by end of summer Operators rely heavily on DUCs during rebound Although Bakken natural gas production rebounded over the past year, volumes look to dip Continue Reading
Highlights Green H2 can decarbonize industrial sectors Cost competitive with natural gas by 2035 Green hydrogen will be a critical component of fully decarbonizing the US power sector and broader Continue Reading
U.S. President Joe Biden’s administration defended on Wednesday a proposed ConocoPhillips (COP.N) oil development in Alaska, backing the drilling project which was approved under the administration of former President Donald Continue Reading
Chevron CEO Mike Wirth speaks with Bloomberg Television. Chevron Corp. shareholders voted for a proposal to reduce emissions from the company’s customers, the latest sign that oil titans are coming Continue Reading
Extreme heat this summer could create energy shortfalls in California, Texas, New England and the U.S. West and Central regions, the organization responsible for North American electric reliability warned on Continue Reading
