In the pursuit of a net-zero future, the United Kingdom has embarked on a path that reeks of hypocrisy: aggressively taxing its oil and gas sector while simultaneously relying on it to prop up the […]
It’s rare for disputes between any of the world’s supermajor oil companies to spill out in public. It’s even rarer that one could end up costing $53 billion. But the oil riches beneath Guyana’s coastal […]
Governor Gavin Newsom believes California’s gas prices are too high. And he is correct. However, his claims that he can lower gasoline prices by forcing consumers to pay higher taxes will make a bad situation […]
While higher oil prices have grabbed the headlines this year, natural gas was a big profit driver in the third quarter. Higher oil prices have enabled big oil giants Chevron (CVX -1.83%) and Exxon (XOM -2.06%) to post surging profits and cash flow […]
Top Western energy companies are expected to unleash billions in returns to shareholders when they announce what is set be a second-straight quarter of record-breaking profits, lifted by stellar refining margins and high oil and […]
Top Western energy companies are expected to unleash billions in returns to shareholders when they announce what is set be a second-straight quarter of record-breaking profits, lifted by stellar refining margins and high oil and […]
Exxon Mobil Corp. (XOM.N) estimates there will be a $4 trillion market by 2050 for capturing carbon dioxide and storing it underground, the company said in a presentation on Tuesday. That is about 60% of the $6.5 […]
Earnings season is here with us once again, with a quarter of S&P 500 companies having reported second-quarter 2021 earnings. According to FactSet data, 88% of S&P 500 companies have reported a positive EPS surprise, while 86% have reported […]
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