NewsPolitics Venezuela’s government and opposition will resume political talks on Saturday, Norway’s foreign ministry has confirmed, as negotiations aimed at finding a way out of the country’s complex crisis were stalled for more than a […]
U.S. ready to allow oil giant to produce, sell Venezuelan oil Chevron is owed billions in unpaid debts by state-run PDVSA U.S. aims to shift Venezuelan oil sales from shadow firms Chevron Corp could soon […]
ENB Pub Note: Sources; Bloomberg, CNBC, Reuters, EDGAR. An interesting week coming around the corner. Tax Credits and investor sentiment drive decisions to invest in renewable energy rather than increase drilling programs. The short answer […]
Exxon Mobil CEO Darren Woods warns that an abrupt transition to renewable energy will cause society to “pay a high price.” The national average price for a gallon of gasoline is currently nearly $5, causing strife for […]
CEO sees U.S. oil growing up to 900,000 barrels a day in 2022 Warning comes after Exxon, Chevron plan Permian Basin boost ConocoPhillips said traders should be worried about strong oil production growth coming out of […]
Output in the U.S. shale patch is “re-booming” this year, with research and data analysis firm Lium LLC forecasting production will surge by more than 1 million barrels a day. That’s the most bullish industry forecast […]
It seems like “activist” environmentalist investors in Exxon simply aren’t ever going to be happy. A group of these investors is now urging Exxon to replace its CEO and move even quicker to slash greenhouse gasses, […]
The world is in an energy crisis. Now that we got that obvious statement out of the way. We got here from 20 + years of bad world energy policies. Understanding what happened and what […]
Exxon Mobil Corporation and Chevron Corporation on Friday disclosed plans to expand drilling in the top US shale basin after posting their biggest quarterly profits in years. Latecomers to the west Texas shale fields, both […]
Big Oil is coming off yet another blockbuster season, posting the second consecutive quarter of stellar top-and-bottom line growth. According to the latest FactSet data, the energy sector’s Q2 2021 revenue growth rate of 24.9% came in […]
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