The U.S. Treasury Department on Thursday announced a civil penalty against Exxon Mobil Corp (XOM.N) and its U.S. subsidiaries for violating sanctions regulations related to Ukraine in May 2014, fining Continue Reading
In its recent 2018 budget, the Trump Administration included a huge energy announcement. While it went mostly under the radar, the budget included a proposal to sell half of the Continue Reading
British energy company BP is putting more capital into its North Sea program with nearly $200 million in contracts, an energy services company said. Cape Industrial Services said it secured Continue Reading
Rising shale production will offset OPEC cuts: Rosneft CEO Unclear how OPEC can phase out its curbs, say BP and Total A crude price in the $50s is the new Continue Reading
Exxon Mobil Corp ( XOM.N ) investors will push to meet with oil company officials this summer to hash out elements of a climate-impact analysis following a shareholder vote calling Continue Reading
CEO Woods sees crude oil surviving Paris-driven carbon limits Vote comes amid reports U.S. to abandon Paris Climate Pact Exxon Mobil Corp. investors, in a split with the company, urged Continue Reading
CEO Darren Woods to helm his first annual meeting this week Calpers, New York pension line up to back green resolution This week will be a public trial by fire Continue Reading
The oil price crash battered the 2016 earnings of energy firms, but the usual suspects are still there in the rankings of the biggest oil and gas companies this year. Continue Reading
Royal Dutch Shell PLC Thursday reported a sharp increase in profit in the first quarter, rounding off a bumper set of results for the world’s biggest oil companies as years Continue Reading
The world’s biggest oil companies are seeing their highest profits in more than a year, an early signal that they may be turning a corner on their long path to Continue Reading
