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Why oil companies are raking in record profits under Joe Biden

June 11, 2024 Mariel Alumit

CNN — Nearly four years ago, while campaigning in the runup to the last presidential election, Donald Trump warned that President Joe Biden would “destroy” the oil industry. As Trump and Biden are set once again to […]

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Offshore

U.S. fines two Greek-based shipping companies

January 20, 2023 Mariel Alumit

Greece-based shipping companies Empire Bulkers Limited and Joanna Maritime Limited were ordered to pay $2 million ($1 million each) over violations of pollution acts in the U.S. The two companies were convicted for knowing and […]

Finance

Oil Companies See Most Profitable Six Months Ever The Daily Financial Trends

November 8, 2022 Mariel Alumit

Publicly listed US oil and gas companies enjoyed an aggregate net income of over $200 billion for the second and third quarters of this year, according to a new S&P Global Commodity Insights analysis of […]

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