Oil
-
Finance
Oil Companies Expand Offshore Drilling, Pointing to Energy Needs
Shell and others say they plan to drill for oil and gas in the Gulf of Mexico in part because…
-
Finance
F.T.C. Clears Exxon Mobil’s Acquisition of Pioneer Natural Resources
The Federal Trade Commission will bar Pioneer’s chief executive, Scott Sheffield, from joining Exxon’s board, saying he colluded with OPEC…
-
Finance
ExxonMobil and Chevron Report Lower Earnings
Profits for the two oil giants, which are locked in a standoff over drilling off the coast of Guyana, were…
-
Finance
Why Oil Prices Have Been Rising Recently
The increase this year, prompted by geopolitical worries and supply constraints, has sent gasoline prices higher and could hamper efforts…
-
Finance
Rising Oil Prices Reignite Inflation Fears
The price of Brent crude rose to a six-month high on Friday, a potential dose of bad news for central…
-
Finance
Oil Executives, Meeting in Texas, Cast Doubts on ‘Fantasy’ Energy Transition
The comments by a Saudi executive raised questions regarding whose predictions about the future of oil and gas are more…
-
Finance
U.S. Taxpayers Have Subsidized Fossil Fuels for 111 Years, and Counting
WASHINGTON — As a candidate in 2020, Joseph R. Biden Jr. campaigned to end billions of dollars in annual tax…
-
Finance
Brazil’s Clashing Goals: Protect the Amazon and Pump Lots More Oil
State-owned Petrobras could soon be the world’s third-biggest oil producer, in stark contrast to the country’s promises to fight climate…
-
US
Southern California Oil Sheen Is Unlikely to Stem From Spill, Tests Indicate
Samples from an oil sheen in the Pacific Ocean off the coast of Huntington Beach, Calif., were more consistent with…
-
Finance
OPEC to Extend Oil Production Cuts Through June
Saudi Arabia’s announcement appears to be aimed at bolstering oil prices as growth in demand remains modest.