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  • [ November 11, 2025 ] The Big Beautiful Gulf 1 (BBG1) Lease Sale Is Expected to Bring in Billions Big Oil Companies
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Joe Biden
Finance

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 […]

Hess
Earnings

Hess Reports Estimated Results for the First Quarter of 2024

April 25, 2024 Mariel Alumit

Key Development: Sanctioned development of Whiptail, the sixth development on the Stabroek Block, offshore Guyana; expected to add gross production capacity of approximately 250,000 barrels of oil per day (bopd) by the end of 2027 […]

oil and gas
Big Oil Companies

How and why big oil is strengthening its oil and gas exposure

April 25, 2024 Mariel Alumit

Size usually matters in oil and gas. Eight of the sector’s biggest companies feature in WoodMac’s benchmarking analysis – the five Supermajors and Saudi Aramco, ADNOC and Qatar Energy. These Middle East NOCs are stepping beyond their […]

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