Viewed as a swing voter in an evenly divided U.S. Senate, Sen. Joe Manchin, D-W.Va., has attracted a spotlight wherever he goes. With that spotlight as intense as ever this week as pressure builds on […]
One of the newest faces at Exxon Mobil Corp., Kaisa Hietala, wants to make sure she’s not misunderstood as she’s propelled to sudden fame in a battle between climate activists and the oil industry. The 50-year-old […]
Source: U.S. Energy Information Administration, Monthly Energy Review Note: Click to enlarge. We recently updated our U.S. energy consumption by source and sector chart with 2020 data. All sources for U.S. energy consumption totaled 92.9 quadrillion British thermal units (quads) […]
Big Oil has lately come under a plethora of attacks from all directions, ranging from uncooperative financiers and investors amidst a global shift to renewable energy to hostile governments and hardline climate activists. But not all oil and […]
Exxon announced Wednesday that a third new member has been appointed to the company’s board, following a week of vote counting after the company was caught by surprise by a shareholder insurrection last week led by activist investor Engine […]
Exxon Mobil Corp. activist investor Engine No. 1 expanded its presence on the oil giant’s board to three seats, according to preliminary vote tallies, cementing a victory that has reverberated across the energy industry. The initial […]
Coal plants, nuclear reactors and other generators will take a hit next year on the biggest U.S. power grid as payments designed to ensure the lights remain on from New Jersey to Illinois plunge 64%. […]
Source: U.S. Energy Information Administration, Natural Gas Monthly and Underground Natural Gas Working Storage Capacity Underground natural gas working storage capacity in the Lower 48 states has remained relatively flat since 2012. We measure natural gas working storage capacity […]
SPRING, Texas–(BUSINESS WIRE)– Southwestern Energy Company (NYSE: SWN) (the “Company” or “Southwestern”) today announced that it has entered into a definitive merger agreement with Haynesville producer Indigo Natural Resources, LLC (“Indigo”) under which it will […]
WASHINGTON—The Biden administration is putting a hold on oil and gas leases in the Arctic National Wildlife Refuge in Alaska, the latest move in its effort to stop a first-ever oil-drilling program in the pristine […]
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