Exxon Profit Misses Estimates as Natural Gas, Refining Falter
Exxon Mobil Corp. fell short of analysts’ expectations with a third straight drop in profit — the longest
2023-07-28 18:48
Shell Pledges Extra Buybacks, Hikes Dividend as Profit Drops
Shell Plc’s second-quarter profit fell from the highs seen last year but the company pledged extra share buybacks
2023-07-27 15:46
Buffett Lifts Fossil Fuel Bets as Global ESG Push Mints Bargains
Warren Buffett’s multibillion-dollar purchases of oil and gas investments early in the pandemic paid off when the sector
2023-07-25 17:45
Asia Shares Set to Gain as China Vows Stimulus: Markets Wrap
China is set to lead Asian stocks higher on optimism of more economic stimulus to come from Beijing,
2023-07-25 06:52
Chevron Considers Lithium Production in Latest EV Bet by Big Oil
Chevron Corp. is considering opportunities to produce lithium that would be used in electric vehicle batteries, Chief Executive
2023-07-24 23:26
Big Oil’s Weak Chemical Margins Add to Pain of Cheaper Crude
Plunging margins for petrochemicals are set to take a bite out of Big Oil’s quarterly profits, adding to
2023-07-24 15:49
Chevron Beats Earnings Forecasts While Extending CEO’s Tenure
Chevron Corp. posted better-than-expected earnings as output in the Permian Basin soared to a record and the oil
2023-07-24 07:45
Chevron Posts $6 Billion Quarterly Earnings, Beating Estimates
Chevron Corp. reported second-quarter earnings of $6.01 billion, beating analyst estimates. The figures, while down 48% from the
2023-07-24 04:54
HSBC Votes Against Big Oil More Often Than Peers, Analysis Shows
The investment arm of HSBC Holdings Plc is ahead of peers in backing shareholder resolutions designed to force
2023-07-17 13:20
Big Oil’s Pullback From Clean Energy Matters Less Than You Might Think
The world’s five biggest publicly listed oil and gas companies posted just under $200 billion in total profits
2023-06-25 22:46
Gas Is Here to Stay for Decades, Say Fossil Fuel Heavyweights
The biggest fossil fuel players are making the message clear: the transition to a green future will require
2023-06-24 09:20
Biden Biodiesel Quotas Deal Blow to Plant-Based Fuel Makers
The Biden administration handed a setback to makers of bio and renewable diesel with federal quotas for the
2023-06-21 08:46