Chevron bets on Middle East gas riches and reconciliation
After years of focusing on U.S. shale, Chevron Corp CVX.N is staking its natural gas future on the Middle East, a volatile and divided region where energy majors have long Continue Reading
Exxon Expected To Announce North America Redundancies Soon
Exxon is close to completing a workforce assessment for the United States and Canada, after which it will announce the number of people it needs to lay off in response Continue Reading
Exxon CEO Plans Layoffs, Underscores Faith in Fossil Fuels
India is reopening its borders to international visitors in a bid to revive economic growth even as the South Asian nation battles the world’s second-worst coronavirus outbreak. Prime Minister Narendra Modi Continue Reading
Conoco Pledges ‘Net-Zero’ Emissions in Break With U.S. Rivals
ConocoPhillips is breaking with its U.S. oil peers by aiming to eliminate carbon emissions from its operations and power providers by the middle of the century. Taking a page from the book Continue Reading
Oil Majors Stuck Between A Rock And A Hard Place
The past few years have been historic for as far as crude oil forecasts are concerned. Back in 2015 the view that crude oil demand could peak during the 2020s Continue Reading
The Secret Behind America’s Most Valuable Energy Play
America’s energy sector is going through its biggest crisis–as well as its biggest seismic shift–in modern history. Fossil fuel companies have always dominated the U.S. energy space, and no company Continue Reading
The Numbers Behind Exxon’s Support for a Carbon Tax
Exxon Mobil Corp . is no longer the most valuable energy company in the U.S. That distinction now goes to NextEra Energy Inc. , the world’s largest provider of wind Continue Reading
Exxon’s Market-Value Crown in Energy Passes to Chevron, NextEra
Chevron Corp. overtook Exxon Mobil Corp. as the largest oil company in America by market value, the first time the Texas-based giant has been dethroned since it began as Standard Oil more Continue Reading
Chevron Doubles Down on Renewable Natural Gas
Chevron Corp. is doubling down on its plan to turn cow manure into renewable natural gas. The oil major formed a joint venture with waste solutions manager Brightmark LLC to Continue Reading
Why Big Oil Is Scrambling To Diversify
We are witnessing a historic moment for oil and for the energy industry as a whole as the world moves toward a clean energy transition that has been catalyzed considerably Continue Reading