Chevron Expands Push into Dairy-to-Gas Fuel
Chevron Corp. is accelerating its push to convert cow manure into renewable natural gas as part of its effort to reduce its carbon footprint. (Bloomberg) — Chevron Corp. is accelerating Continue Reading
Will Big Oil Use High Oil Prices To Go Green?
Estimate-beating profits and solid cash positions were marks of the first half of the year for Big Oil majors and for their smaller rivals, too. A strong rebound in fuel Continue Reading
Big Oil’s Foray Into Renewables Has Completely Changed The Market
That the oil and gas industry is problematic is perhaps too mild a way to put it. Fossil fuel producers have recently become the singular target of accusations and lawsuits Continue Reading
Big Oil Will Rule The Energy Transition
Big Oil and renewables look like polar opposites to many who follow the energy transition from a distance. After all, this transition is a response prompted by the decades-long polluting Continue Reading
BP sees potential for green hydrogen, ammonia plant in Australia
The production of green hydrogen and green ammonia is technically feasible at scale in Australia, but will require a major investment in port, electricity and water services, BP said on Continue Reading
Exxon suspended from climate advocacy group it helped form
Exxon Mobil Corp (XOM.N) was suspended from advocacy group Climate Leadership Council (CLC) that looks to make policies to address climate change, the CLC said on Friday. The move comes Continue Reading
Exxon Considers Pledging ‘Net Zero’ Carbon by 2050
Exxon XOM 0.63% Mobil Corp. is considering a pledge to reduce its net carbon emissions to zero by 2050, according to people familiar with the matter, in what would amount to a significant Continue Reading
Exxon’s Falling Production Is Highly Bullish For Oil Prices
Last week, ExxonMobil (NYSE:XOM) reported Q 2 2021 earnings in one of Big Oil’s most anticipated scorecards this earnings season. The United States’ largest oil and gas company posted stellar Continue Reading
BP Follows Big Oil Peers by Increasing Buybacks and Dividend
BP Plc followed its Big Oil peers by increasing dividends and share buybacks as higher crude prices boosted profit. The oil majors — with the notable exception of Exxon Mobil Continue Reading
Exxon profit tops estimates on boost from chemicals, oil prices
Exxon Mobil (XOM.N) on Friday posted its biggest quarterly profit in more than a year that also sailed past analysts’ estimates, boosted by higher oil prices and record earnings at Continue Reading