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HomeBig Oil Companies

Big Oil Companies

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 […]

The Energy News Beat Podcast with Stu and Michael
Big Oil Companies

Daily Energy Standup Episode #21 – The guys cover how permiting could help U.S. energy, China demand spike, stocks set to spike.

December 15, 2022 Mariel Alumit

  Stories Covered: Jim Cramer Says Oil Prices Are Set for a Rebound; Here Are 3 Oil Stocks That Could Gain Why permitting reform could help the US energy industry Ohio ‘green’ natural gas bill […]

Big Oil Companies

Dovish Fed Will Send Oil Back To $100: BofA – and dependent on China’s lockdown recovery

December 13, 2022 Mariel Alumit

The Bank of America has predicted that Brent could quickly go past $90 per barrel on the back of a dovish pivot in the U.S. Federal Reserve and successful economic reopening by China. BofA’s chief […]

energy
Big Oil Companies

Daily Energy Standup #10 – Which Big Oil has the right path for investors, China lock downs, Green Energy without tax subsidies

November 28, 2022 Mariel Alumit

Michael and Stu tackle some great energy questions covering Exon’s move into the greener space vs. Occidental Petroleum. What investors are looking for in Big Oil greener plans. We also highlight real-world solutions with Grenelily […]

Big Oil Companies

Exxon May Be Becoming Over-Priced – Would you buy it?

November 27, 2022 Mariel Alumit

Analysts are saying it may be time to sell Exxon Mobil (XOM) as the stock continues to rise, and oil prices have begun what appears to be a longer-term decline on an oversupply and reducing […]

Big Oil Companies

US Closer To Issuing Chevron A License To Pump Oil In Venezuela – part of the U.S. dumpster fire of energy policies.

November 27, 2022 Mariel Alumit

Update(1355ET): On Saturday the White House unveiled a monumental shift in its Venezuela policy, given only a short time ago Washington didn’t even officially recognize Nicol?s Maduro as the socialist Latin American country’s legitimate ruler, […]

Big Oil Companies

Biden Admin Quietly Greenlights Plan To Build Huge Gulf Oil Terminal

November 27, 2022 Mariel Alumit

Authored by Katabella Roberts via The Epoch Times (emphasis ours), The Biden administration has quietly approved plans to build a new crude oil terminal in the Gulf of Mexico off Texas, seemingly in contradiction to […]

Why Is The U.S. Losing Oil Refining Capacity
Big Oil Companies

Why Is The U.S. Losing Oil Refining Capacity?

November 24, 2022 Mariel Alumit

The U.S. energy policy is clear about its intention to phase out fossil fuels. This has forced refiners to exercise caution in order to stay afloat. It has also resulted in a loss of U.S. […]

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