Shell envisions long road to low carbon future
A transition to a cleaner economy is underway as evidenced by a rate of decline in global oil demand, but it’s a long journey, Royal Dutch Shell said Thursday. The Continue Reading
Shell sets out strategy for dealing with shift from fossil fuels
Royal Dutch Shell said it saw little risk of being left with “stranded assets” as the world begins to shift away from fossil fuels and promised to keep pace with the Continue Reading
Are U.S. Oil Majors Primed For A Comeback?
The two U.S. oil supermajors—ExxonMobil and Chevron—have gone through a rough patch over the past three years with the oil price crash that battered company earnings and energy stocks and Continue Reading
In the Oil Patch, Bigger Is No Longer Better
Big oil is starting to think small. Once defined by massive spending and ambitious exploration, some of the world’s biggest energy companies have begun to preach frugality. Investors increasingly favor Continue Reading
Judge Deals Exxon Blow In Climate Cover-Up Case
A federal judge has put an end to Exxon’s attempt to sue the district attorneys of New York and Massachusetts for investigating the company with relation to its alleged cover-up Continue Reading
U.S. judge dismisses Exxon suit seeking to stop climate change probes
A federal judge on Thursday dismissed Exxon Mobil Corp’s lawsuit seeking to stop New York and Massachusetts from probing whether the company misled investors and the public about climate change Continue Reading
What Big Oil Can Learn From Typewriters
This logic may seem disjointed and even a little pithy, but there are parallels that run far deeper than you may think. Typewriters evolved into the new world of word Continue Reading
The Invisible Sweet Spot For Big Oil
Big Oil showed in its latest earnings that it has adapted to the lower-for-longer oil prices and is now making nearly as much profit as it did when oil prices Continue Reading
Chevron Says It Will Not Dispute Climate Science in US Lawsuit
A Chevron attorney said in court on Wednesday that the company supports scientific conclusions that humans are causing climate change, a response to a lawsuit that accuses five major energy Continue Reading
Which Oil Major Has The Best Investment Strategy?
Three major oil firms—two from the United States and one from Europe—indicated over the past couple of weeks how they plan to spend some of their cash in order to Continue Reading