Halliburton Co. and Exxon Mobil Corp. are in talks over the oil company’s stake in the West Qurna-1 field in southern Iraq, the country’s oil minister said. Iraq supports a U.S. partner for Exxon’s stake in the oil […]
It seems like “activist” environmentalist investors in Exxon simply aren’t ever going to be happy. A group of these investors is now urging Exxon to replace its CEO and move even quicker to slash greenhouse gasses, […]
The world is in an energy crisis. Now that we got that obvious statement out of the way. We got here from 20 + years of bad world energy policies. Understanding what happened and what […]
OilPrice.Com As uncertainty over new Covid outbreaks combined with a strengthening U.S. dollar, oil prices came under pressure this week and are on course to finish the week 7 percent down. Friday, August 20th, 2021 […]
Norway’s wealth fund says there are oil companies in its portfolio that “absolutely” aren’t doing enough to cut emissions, as the guidelines it operates by are reviewed to give climate risk greater prominence. Norges Bank […]
If the idea of environmental, social and governance (ESG) risks has been well telegraphed, they can still lurk in unexpected parts of your portfolio. That’s the message from a new Morningstar paper, which warns that […]
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 earnings that proved that the worst for the U.S. shale industry might finally be […]
Exxon Mobil has signed a memorandum of understanding to participate in a carbon capture and storage (CCS) project in Scotland, the U.S. oil and gas producer said on Friday. The Acorn CCS project plans to […]
Energy News Beat Publishers Note (ENB): Those five LNG companies — Exxon Mobil, Royal Dutch Shell, TotalEnergies, and ConocoPhillips, which are part of Qatar’s existing LNG production were joined by new entrants Chevron and Italy’s […]
Energy News Beat Publishers Note (ENB): This information from Bloomberg is very telling. Just because the supermajors are being pushed aside, their replacements will not be any more accountable. The state-owned oil companies have even […]
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