Microsoft and Amazon say they’re accelerating a transition to a greener future, but critics argue they’re helping prolong the fossil-fuel age. Oil pump jack. Photographer: Ian Tuttle/Bloomberg It’s been a Continue Reading
Some oil and gas companies are flush with so much cash that they are paying out a full year’s worth of dividends in a single day — and sometimes more Continue Reading
ConocoPhillips has reported a rise in second-quarter 2022 earnings. The company earned $5.1 billion compared with second-quarter 2021 earnings of $2.1 billion. U.S. supermajor ConocoPhillips has reported a rise in Continue Reading
– The West’s energy giants are set to return a record $30 billion to investors after reporting bumper profits in the second quarter of the year following a surge in Continue Reading
ExxonMobil has announced an estimated second-quarter 2022 earnings of $17.9 Bn. A record quarter for the company. U.S. oil supermajor ExxonMobil has announced an estimated second-quarter 2022 earnings of $17.9 Continue Reading
ExxonMobil has announced an estimated second-quarter 2022 earnings of $17.9 Bn. A record quarter for the company. U.S. oil supermajor ExxonMobil has announced an estimated second-quarter 2022 earnings of $17.9 Continue Reading
U.S. gas prices have hit a record high and are showing no signs of going down. That’s largely because oil companies are no longer incentivized to drill more as oil Continue Reading
Shell CEO van Beurden: there is more upside than downside for crude oil prices. Van Beurden sees ongoing tightness in crude oil supply. TotalEnergies CEO Pouyanne also stated that he Continue Reading
French oil major TotalEnergies has successfully closed a number of high-profile deals in Qatar, Iraq and the UAE. TotalEnergies is seen by some senior members of the EU as sometimes Continue Reading
Oil prices might be down on Wednesday, but that situation could be short-lived, according to Chevron CEO Michael Wirth, who spoke at the CNBC Evolve Global Summitt on Wednesday. According Continue Reading
