Exxon Mobil on Friday reported a record first-quarter profit that was more than double from a year ago and topped Wall Street estimates as rising oil and gas output overcame a pullback in energy prices […]
Energy giants Chevron (CVX) and Exxon Mobil (XOM) topped Wall Street estimates for first-quarter financials Friday. However both company’s saw revenue slip compared to a year ago, as the two U.S. majors come off booming […]
Buoyed by high prices and rising energy demand, offshore operators and international oil companies are advancing plans for field development projects, and 2023 looks to be a busy year for offshore construction projects. With that […]
Analysis by Chris Isidore | CNN Bed, Bath & Beyond made plenty of mistakes that led to this week’s bankruptcy filing. Among the most consequential was the $11.8 billion it has spent since 2004 to buy […]
April 24 (UPI) — The U.S. Supreme Court on Monday decided against allowing climate lawsuits filed against some of the biggest oil companies in the world to move out of state and local courts and into the federal […]
New York, 17 April (Argus) — Almost two years after ExxonMobil suffered a rare boardroom defeat at the hands of climate activists, the company is stepping up efforts to curb its own emissions as well […]
InterMoor, part of Acteon’s engineering, moorings and foundations division, has secured a contract extension with Chevron for a decommissioning scope in Thailand. Source: Acteon Following the completion of Phase 1 decommissioning work in 2021 in the Gulf […]
(Reuters) – Exxon Mobil Corp (XOM.N) has held preliminary talks with Pioneer Natural Resources Co (PXD.N) about a possible acquisition of the U.S. shale oil producer, the Wall Street Journal reported on Friday, citing people familiar with the matter. Discussions […]
The oil and gas industry is exploring the potential of geothermal energy to provide more clean electricity and heating. While geothermal has the advantage of not being dependent on weather like other green energy sources, […]
National Bank of Canada FI lifted its stake in shares of Phillips 66 (NYSE:PSX – Get Rating) by 149.9% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund […]
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