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Oil & Gas

ExxonMobil boosts energy trading ambitions to compete against peers

ExxonMobil is planning a renewed push into energy trading to take on rivals such as Shell and BP that have long leaned on buying...

Big Oil rakes in record annual profit, fueling calls for higher taxes

Deer graze inside the gates of the Exxon Mobil Joliet refinery on the Des Plaines River. Exxon Mobil's 2022 haul of $56 billion marked...

Lost Russian oil revenue is bonanza for shippers, refiners

Nasdaq LONDON – Western sanctions on Russia have significantly reduced state oil revenues and diverted tens of billions of dollars towards shipping and refining firms,...

Oil & Gas Should Embrace Geothermal | by Yasmeen Naseer | Feb, 2023

In 2021, Chevron Technology Ventures invested in Baseload Capital and began a pilot project that aimed to utilize waste heat from Chevron’s existing oilfield...

Weaker Natural Gas, Oil Prices Could Spur Production Cuts

Strong and steady U.S. oil and natural gas production has in 2023 outpaced demand and weighed down prices. Analysts are increasingly joining a chorus...

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