Almost half of products cleared so far under a new US federal ‘biofuels’ program are not, in fact, biofuels This article is co-published with ProPublica, a nonprofit newsroom that investigates abuses of power The Environmental Protection […]
HOUSTON, March 7 (Reuters) – Exxon Mobil Corp. (XOM.N) is reviewing its role in Europe in view of new windfall profits taxes as it increasingly invests more in the U.S., Chief Executive Darren Woods said on […]
U.S. oil production will grow by about 500,000 barrels per day this year, with 80% or 90% of that coming from the Permian basin, Frederick Forthuber, president of Oxy Energy Services at Occidental Petroleum Corp […]
OPEC Chief Haitham Al-Ghais broke bread with US shale bosses Monday night in his first meeting with the producers since he took the helm of the oil cartel in July. At the table, which included […]
Chevron and Caterpillar-owned Solar Turbines are working together to adapt a low-emissions turbine engine partially fueled by hydrogen. Blending hydrogen with traditional fuels to power the engine could help reduce its greenhouse gas emissions. Results […]
Daily Standup Top Stories Forget Peak Oil Demand: A Thirst for Barrels Puts $100 in View March 5, 2023 Allen Santos As Covid-19 lockdowns gripped the world in 2020, Bernard Looney, chief executive officer of BP […]
Worldwide oil demand is racing toward an all-time high and some of the smartest minds in the industry are forecasting $100-a-barrel crude in a matter of months, but US producers are playing the short game and […]
BP, the former British Petroleum, desperately wants to be a good environmental citizen – but not just yet. Last month, the company rolled back its climate ambitions. Shareholders who love oil-soaked profits sent BP BP-N shares soaring. Shell SHEL-N, […]
HOUSTON (Reuters) – Oil major Chevron Corp on Tuesday raised its share buyback program and reaffirmed its production guidance of more than 3% annual growth by 2027, while increasing spending in the United States. Chevron increased […]
2022 profits and cash flows of energy companies came in at record highs. This year’s earnings are expected to be lower, albeit still high by historical standards. With lower expected free cash flows, companies will […]
Copyright © 2026 | Sandstone Group