Exxon Mobil shares surge to record intraday high
Cars are seen at an Exxon gas station in Brooklyn, New York City, U.S., November 23, 2021. REUTERS/Andrew Kelly HOUSTON, Oct 21 (Reuters) – Exxon Mobil Corp (XOM.N) shares passed Continue Reading
Russia Wipes Out Exxon’s Stake in Sakhalin Oil-and-Gas Project
Share As the West tries to move away from Russian energy sources and imposes sanctions on Moscow, China and India have stepped in to fill the gap. WSJ examines how Continue Reading
Chevron CEO Blames Climate Policies For Global Energy Crisis
Chevron CEO Mike Wirth warned that the premature transition to green energy is already having a major impact on Europe. The oil company chief noted that the global energy crisis Continue Reading
Exxon’s Exodus: Employees Have Finally Had Enough of Its Toxic Culture
The 140-year-old oil company is making more money than ever. Yet the pandemic exposed deep cultural problems—and talent is fleeing. Illustration: Saratta Chuengsatiansup for Bloomberg Businessweek Shortly after Exxon Mobil Continue Reading
Exxon signals strong Q3 earnings on natural gas pricing
Exxon Mobil Corp (XOM.N) on Tuesday signaled strong third quarter operating profits on the heels of the prior quarter’s all-time high as earnings from natural gas offset weaker refining and Continue Reading
TotalEnergies to spend 1 billion euros in next two years on energy efficiency
TotalEnergies (TTEF.PA) said it would spend 1 billion euros ($962.60 million) over the next two years to help businesses become more efficient in their use of energy at a time Continue Reading
ConocoPhillips, JERA proposing to develop U.S. hydrogen gas plant
ConocoPhillips, one of the largest U.S. independent oil producers, will provide natural gas and manage a carbon capture and storage facility for a proposed U.S. hydrogen gas project to be Continue Reading
Exxon, Shell sell California oil assets for $4 billion to IKAV
Exxon Mobil Corp (XOM.N) and Shell Plc (SHEL.L) on Thursday confirmed the sale of their California oil joint-venture Aera to German asset manager IKAV for $4 billion, ending a 25-year-long Continue Reading
Shell Walks Away From Major Russian LNG Project With Nothing
Shell Plc will walk away from Russia’s Sakhalin-2 liquefied natural gas project with nothing after President Vladimir Putin transferred the major facility to a new operating company. The London-based firm’s Continue Reading
Shell CEO: Europe’s Gas Crisis Could Continue For Multiple Winters
Europe could continue scrambling for gas supply for a number of winters due to low gas flows from Russia, according to the chief executive officer of supermajor Shell. “It may Continue Reading