The crisis in the Red Sea poses serious risks to oil flows and prices could change quickly if tensions lead to a major supply disruption in the Middle…
Read more Red Sea risk to oil 'very real,' prices could change rapidly if supply disrupted, Chevron CEO saysThe Gorgon liquefied natural gas (LNG) and carbon capture and storage (CCS) facility, operated by Chevron Corp., on Barrow Island, Australia, on Monday, July 24, 2023. Bloomberg |…
Read more Oil and gas industry needs to let go of carbon capture as solution to climate change, IEA saysKids today only care about online free-to-play shooter Fortnite. They don’t even talk about how great gasoline is! Luckily for us, one large oil company wants to change…
Read more Big Oil’s Using Fortnite, TikTok, And Twitch In Effort To Convince Kids Fossil Fuels Are Cool[The stream is slated to start at 5 a.m. ET. Please refresh the page if you do not see a player above at that time.] Major oil executives,…
Read more Watch live: Top oil CEOs join CNBC at ADIPEC to discuss the energy transitionShanton Alcaraz from the Salvation Army Northwest Division gives bottled water to Eddy Norby who lives in an RV and invites him to their nearby cooling center for…
Read more Oregon county sues oil, gas companies including Exxon, Shell, Chevron for deadly 2021 Pacific Northwest heat domeClimate activists protest outside the Shell annual general meeting at the ExCel center in London, U.K., on Tuesday, May 23, 2023. The protests come as Shell faces a…
Read more ‘Go to hell, Shell’: Climate protesters try to storm stage at oil giant’s annual shareholders meetingLarge European companies reported bumper profits over the past two weeks. However, according to strategists at Bank of America, there were more downward than upward revisions of company…
Read more Here are 10 global stocks analyst love coming out of the earnings week, Bank of America saysAfter a long period of underperformance when compared with the U.S. equity market, stocks in other countries are holding their own this year. One way to lower your…
Read more Buffett is buying in Japan. This overseas value-stock fund is also making bets there. Is it a good way to diversify?Oil stocks jumped premarket Monday after Saudi Arabia’s Ministry of Energy led a surprise oil production cut across several OPEC+ nations. On Sunday the Ministry announced that the Kingdom…
Read more Oil stocks jump on Saudi oil production cutEnergy stocks rallied in early trade in Europe after the surprise cut in production announced by OPEC countries over the weekend. Of Stoxx Europe 600 components, Harbour Energy…
Read more BP and Shell each gain 4% as energy stocks in Europe rallyLONDON–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 pricesThe logo of Shell on an oil storage silo, beyond railway tanker wagons at the company’s Pernis refinery in Rotterdam, Netherlands, on Sunday, Oct. 23, 2022. Bloomberg |…
Read more Shell to pay $2 billion in additional EU, UK taxes for the fourth quarterHarris Kupperman, the president of Praetorian Capital, made a couple of interesting calls heading into 2022. He predicted that stocks of the giant tech-oriented companies that led the…
Read more These 20 energy stocks are worth a look if you think oil prices will soar in 2023ABU DHABI, United Arab Emirates — President Joe Biden is making no secret of his frustration with high gas prices and the oil companies making record profits as…
Read more ‘We’re not against profits,’ White House presidential coordinator says after Biden’s tax threats on energy companiesThe logo of Shell on an oil storage silo, beyond railway tanker wagons at the company’s Pernis refinery in Rotterdam, Netherlands, on Sunday, Oct. 23, 2022. Bloomberg |…
Read more Oil giant Shell reveals plans to hike dividend as it reports third-quarter profit
