News

The U.S. is set to place hefty tariffs on several big energy producers—Algeria, Brazil, Iraq and Libya. So why do oil traders ...
Shell and Exxon warned of weaker Q2 earnings due to lower oil and gas prices, with Exxon expecting a $1.5 billion hit.
OPEC+ oil producers are set to approve another big output boost for September as they complete both the unwinding of ...
Exxon Mobil said its second-quarter earnings will take a hit. Shell has said its trading profit will be lower than thought.
Republicans' "big, beautiful bill" reinstated lower royalty rates for energy production, requires regular oil lease sales and phases out electric vehicle and clean energy tax credits ...
Oil rose 1% on Monday as signs of strong demand outweighed the impact of OPEC+ hiking output more than expected for August, ...
The family claimed climate change, prompted by big oil companies, caused the extreme heat during the Seattle heat dome that ...
BP and Shell have signed new deals with Libya’s NOC to explore and assess oil and gas fields, signaling Big Oil’s broader ...
Former Insurance Commissioner Garamendi, Sen. McNerney argue rate hikes unjustified while Chevron, BP earn trillions.
Brazil, Guyana and Argentina are driving a fast-growing share of global oil output.
as biden's big oil blame game rages, ‘bone dry’ digs into heart of america's energy crisis A U.S. postal worker puts his seatbelt on after filing up his vehicle at a gas station in Garden ...
Last week, a House investigation into Big Oil profiteering and greenwashing released its latest report — the result of more than a year of research, subpoenas and hearings. Among other things ...