The largest U.S. military buildup since the 2003 Iraq invasion is aimed at Iran, and the outcome of a tense standoff could mean the average price at the…
Read more Trump loves cheap gas—but a military conflict in Iran could nearly double your price at the pump | FortunePresident Donald Trump’s plans to restore Venezuela’s beleaguered oil industry faces a series of challenges that will cost U.S. oil companies many billions of dollars to overcome. Over…
Read more Trump’s strike on Venezuela gives the U.S. 30% of the world’s oil reserves on paper and a $100 billion rebuilding job in reality | FortuneVenezuela’s oil industry is in disrepair after years of neglect and international sanctions, so it could take years and major investments before production can increase dramatically. But some…
Read more Venezuela’s oil supply to rise in years ahead and depress prices, say analystsCleanup was underway Wednesday in a wooded, remote area of Ventura County after about 420 gallons of crude oil inundated a waterway, officials said, and crews were working…
Read more Crews race storm to contain oil spill in Ventura County creekOil prices spiked Thursday after the U.S. announced massive new sanctions on Russia’s oil industry in an attempt to get Russian President Vladimir Putin to the negotiating table…
Read more Pump prices could rise after US, EU hit Russian oil companies with new sanctions and oil spikesUkrainian President Volodymyr Zelensky has labeled his military’s strikes on Russia’s oil infrastructure “the most effective sanctions.” Meanwhile, reports indicate that alongside urging Europe and India to halt…
Read more Opinion | Ukraine is Starving Russia of OilNew Mexico has reached a record settlement with a Texas-based company over air pollution violations at natural gas gathering sites in the Permian Basin. The $24.5 million agreement…
Read more Austin-based company fined for flaring that led to 7.6 million pounds of excess gases known to cause respiratory issuesTry answering this off the top of your head: What’s an abundant renewable resource that can spur growth in your garden and clear pollutants from bodies of water?…
Read more Use your hair to help your garden or fight pollution. A Bay Area group shows howCentral Coast environmentalists are celebrating ExxonMobil’s recent decision to scrap plans to replace miles of pipeline through Santa Barbara County, key to revitalizing a local network of petroleum…
Read more Exxon scraps plan for new pipeline after 2015 spill — but may try to resurrect old oneFuel prices, with the cost of gasoline and diesel at the pump both down from a month ago, don’t appear to be fazed by the escalating risks to…
Read more Here’s what the Israel-Hamas war has done to U.S. gasoline and diesel pricesOil demand is likely to hold up longer than many people expect during the anticipated transition to electric vehicles. And changes in the industry point to oilfield services…
Read more Here’s how to play oil-industry stocks for long-term growth of 20% or moreTrading in shares of Icahn Enterprises LP was choppy Thursday amid the continued fallout from a short seller’s report that was critical of the investment arm of activist investor…
Read more Icahn Enterprises’ stock choppy as company moves earnings release to next weekIcahn Enterprises LP stock tumbled 25% Tuesday to put it on track for a record one-day decline, after short seller Hindenburg Research issued a negative report against the…
Read more Icahn Enterprises sheds $4.5 billion of value as short seller Hindenburg puts Carl Icahn’s company in crosshairsExxonMobil: Eyes on the Permian Prize Source link
Read more ExxonMobil: Eyes on the Permian PrizeSurprise crude oil production cuts from Saudi Arabia and other oil-rich countries shouldn’t produce worries of skyrocketing gas costs for U.S. drivers still smarting from last year’s pump…
Read more The surprise OPEC+ oil production cuts will increase gas prices — here’s how muchThe Biden administration approved the large-scale and controversial Willow drilling project for ConocoPhillips on Alaska’s oil-rich North Slope on Monday. The approval, although with some conditions, is one…
Read more Biden approves Willow oil-drilling permit in Alaska. It’s a ‘carbon bomb,’ one group says.Natural-gas prices have tumbled this year because of warm weather and high levels of gas in storage in Europe and elsewhere. U.S. prices are down 45% to $2.46…
Read more Three Oil Stocks Exposed to Natural-Gas PlungeLONDON–Shell PLC became the latest oil giant to post record annual profit last year, joining U.S. peers in surging back from early pandemic losses on soaring energy prices.…
Read more Shell adjusted profit of $9.8 billion beats forecasts, boosted by soaring energy pricesU.S. stocks opened higher on Thursday as optimism over Tesla’s earnings results and a stronger-than-expected GDP report left investors in a better mood following Wednesday’s intraday selloff. How…
Read more U.S. stocks climb as GDP report shows economy taking Fed’s rate hikes in strideSeveral energy companies are expected to post record earnings in 2022. Exxon Mobil alone is on track to make about $60 billion. But 2023 is a different story.…
Read more 5 Energy Stocks Poised to Keep Growing Earnings
