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HomeBig Oil Companies

Big Oil Companies

Big Oil Companies

‘They ain’t seen nothing yet’: President Biden has accused oil companies of ‘war profiteering’ and threatened them with a windfall tax. But will it help with gas prices?

January 2, 2023 Mariel Alumit

In the wake of scorching inflation and Russia’s war in Ukraine, major gas companies like Chevron and Exxon Mobil are raking in profits. And it’s got President Joe Biden hot under the collar. In November, […]

Chevron
Big Oil Companies

Chevron Sending Tanker To Venezuela To Load Oil – Is this “Political Energy Crisis Hypocrisy?”

December 31, 2022 Mariel Alumit

ENB Pub Note: Is this “Political Energy Crisis Hypocrisy? In a word, yes. The Biden administration continually makes catastrophic energy policy decisions. This is costing the United States consumers a huge amount of money they […]

ExxonMobil
Big Oil Companies

ExxonMobil labels EU windfall tax ‘counterproductive’ as it launches legal challenge

December 29, 2022 Mariel Alumit

Energy major ExxonMobil said Dec. 29 that it has launched a legal challenge against the windfall tax imposed by the EU on oil and gas company profits, labelling the measure “counterproductive” and calling for more […]

Shale drillers
Big Oil Companies

Oil major BP’s Permian operations have become key to its clean …

December 26, 2022 Mariel Alumit

The traditional oil and gas facilities it bought in the Texas oil field were sending more greenhouse gases into the atmosphere than those of its Permian peers. Now, BP  is upgrading those traditional well sites with more […]

17 biggest energy companies in the US
Big Oil Companies

17 Biggest Energy Companies in the US

December 26, 2022 Mariel Alumit

In this piece, we will take a look at the 17 biggest energy companies in the U.S. For more companies, head on over to 5 Biggest Energy Companies in the U.S. America is one of the […]

Big Oil Companies

Chevron CEO denies Biden oil lease claim, details practical energy policy

December 25, 2022 Mariel Alumit

 Chevron Chairman and CEO Mike Wirth discussed the oil company’s growth outlook and Biden’s energy agenda on ‘Mornings with Maria.’ Watch the latest video at foxbusiness.com Chevron Chairman and CEO Mike Wirth detailed what the […]

Tesla
Big Oil Companies

Tesla is now worth less than Exxon as stock plunges toward worst month, quarter and year in history

December 22, 2022 Mariel Alumit

Tesla Inc. shares declined more than 8% on Tuesday, pushing the electric-vehicle maker’s valuation lower than oil giant Exxon Mobil Corp. after the stock’s previous descent below a “critical battle line” of $150 a share. […]

Nigeria
Big Oil Companies

Oil majors bypass Nigeria, plan billion-dollar spree in 2023

December 21, 2022 Mariel Alumit

The old saying among foreign investors that “if you are not in Nigeria, you are not in oil business” is increasingly being confined to the past as several international oil majors have excluded Africa’s biggest […]

Russian
Big Oil Companies

Russian Oil Exports Collapse More Than 50% As Exxon Shuns Tankers That Hauled Russian Crude

December 20, 2022 Mariel Alumit

Over the weekend we reported that oil exports of Russian ESPO-grade oil from the Pacific port of Kozmino had collapsed more than 50% following the implementation of the western oil price cap (which, paradoxically, was […]

Investors
Big Oil Companies

Investors Ramp Up Pressure on Big Oil Firms to Set 2030 Climate Targets

December 19, 2022 Mariel Alumit

A group of investors has tabled resolutions urging four of the world’s top oil and gas companies to set broad climate targets for 2030, reviving pressure on the sector after a year that saw governments […]

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