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HomeBig Oil Companies

Big Oil Companies

Shell
Big Oil Companies

Shell agrees to sell stake in two U.S.-based renewable energy projects

December 12, 2023 Mariel Alumit

Shell Wind Energy Inc. and Savion Equity, LLC, subsidiaries of Shell plc, have agreed to sell partial ownership stake in two U.S.-based renewable energy projects to InfraRed Capital Partners. Shell will sell 60% interest in […]

Big Oil Companies

Occidental to Buy Oil Driller CrownRock for $10.8 Billion

December 11, 2023 Stu Turley

ENB Pub Note: Michael and Stu are filming an episode of the ENB Deal Spotlight on this deal and pushing out on the ENB channels. Stay tuned for an evaluation of a public oil company […]

OPEC
Big Oil Companies

OPEC Leader Tells Members to Block Any Climate Summit Deal to Curb Fossil Fuels

December 9, 2023 Stu Turley

In a letter, the secretary general of the oil cartel called on countries in the group to “reject any text or formula that targets energy.” The head of the OPEC oil cartel, alarmed that nations […]

Big Oil Companies

Daily Energy Standup Episode #266 – Weekly Recap: Unpacking EPA Regulations, COP28 Hypocrisy, and Texas Commissioner’s Stand Against Onerous Rules

December 9, 2023 Andy Del Prado

Daily Standup Weekly Top Stories EPA’s Final Rule for Oil and Natural Gas Operations Will Sharply Reduce Methane and Other Harmful Pollution. December 2, 2023 Stu Turley ENB Pub Note: We will review these regulations and […]

ExxonMobil
Big Oil Companies

ExxonMobil, Chevron set sights on more oil & gas along with low-carbon and new energies

December 7, 2023 Mariel Alumit

Two U.S. energy giants, ExxonMobil and Chevron, have disclosed their capital investment expectations, encompassing oil and gas plays, which go shoulder to shoulder with emission-reduction solutions, as these oil majors are no strangers to the […]

Big Oil Companies

Daily Energy Standup Episode #263 – Opt-Outs, Copper Surges, EV Challenges, and Global Transition Struggles

December 5, 2023 Andy Del Prado

Daily Standup Top Stories Chevron, Exxon opt out of funding COP28 methane-reduction fund December 4, 2023 Mariel Alumit (Bloomberg) — Six major oil companies each contributed tens of millions of dollars to a grant fund meant […]

Chevron
Big Oil Companies

Chevron, Exxon opt out of funding COP28 methane-reduction fund

December 4, 2023 Mariel Alumit

(Bloomberg) — Six major oil companies each contributed tens of millions of dollars to a grant fund meant to help state-owned rivals cull the release of super-warming methane emissions, but Chevron Corp. and Exxon Mobil […]

Fifty oil and gas companies
Big Oil Companies

Fifty oil and gas companies make pledges on methane and carbon dioxide

December 2, 2023 Stu Turley

Fifty oil and gas companies, representing more than 40 per cent of global oil production, made pledges on methane and carbon dioxide at the Cop28 climate conference on Saturday. The companies, of which 60 per […]

Occidental jet
Big Oil Companies

Occidental jet visits Warren Buffett’s hometown amidst potential $10 billion shale deal

December 2, 2023 Stu Turley

World Oil (Bloomberg) – Occidental Petroleum Corp.’s private jet touched down in Omaha this week, home to its biggest investor Warren Buffett, as Chief Executive Officer Vicki Hollub considers a shale oil deal worth at […]

Brazil to join OPEC+
Big Oil Companies

Brazil to join OPEC+ but won’t cap oil output, Petrobras CEO says

December 2, 2023 Stu Turley

Nasdaq RIO DE JANEIRO – Brazil is expected to join the OPEC+ group of oil-producing countries in January but would not take part in the group’s coordinated output caps, the chief executive of state-run oil […]

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