A billion here and a billion there properly spent is going to make a cost difference for the corporate breakeven. Then there is a billion here (on low-cost assets) followed by a billion there of […]
After catching some decent inflation data last week, the Federal Reserve probably could have had a better start to this week than receiving the news that OPEC in a very surprising move cut oil production […]
HOUSTON, April 4 (Reuters) – Exxon Mobil Corp’s (XOM.N) Low Carbon business has the potential to generate hundreds of billions of dollars in revenue and outperform the company’s traditional oil and gas as soon as a decade […]
Prospects for Shell stock and other oil majors look good as Russia’s war in Ukraine crimps global energy supplies. One important metric to look for in a stock is an 80 or higher Relative Strength […]
Home Fossil Energy Chevron, ExxonMobil, BP and Shell among highest bidders in Gulf of Mexico oil & gas lease sale The U.S. government agency Bureau of Ocean Energy Management (BOEM) has held an oil and […]
In early February, BP (BP), the London-based oil major that for decades prioritized sustainable, climate-friendly energy initiatives, announced it would dial down aggressive renewables and emission-reduction targets in order to refocus on oil and gas production. The […]
On Tuesday, March 21 at 19:30 GMT:Government leaders in Uganda and Tanzania say a rapidly developing oil drilling and cross-border pipeline programme will lift people’s living standards across the region. But some residents living near […]
WASHINGTON (AP) — In early March, President Joe Biden met with members of Alaska’s bipartisan congressional delegation as they implored him to approve a contentious oil drilling project in their state. Around the same […]
The world’s biggest international oil and gas firms continue to pledge lower-emission operations to supply the world with the hydrocarbons it needs and will need in the future. Unfortunately for Big Oil, not all basins and […]
Home Fossil Energy How is European and U.S. oil majors’ energy transition journey shaping up? While the transition to low-carbon and green sources is making strides on the global energy stage, the major energy players […]
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