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 a historic...
Freight wagons carrying oil and fuel at a petroleum products terminal in Riga, Latvia, on Feb. 2, 2023. Bloomberg | Bloomberg | Getty Images The West’s...
Oil major BP on Tuesday reported record annual profits, more than doubling last year’s total as fossil fuel prices soared following Russia’s full-scale invasion of Ukraine....
India will secure oil from anywhere as long as the terms are beneficial, India’s energy minister told CNBC. India is the third largest oil consumer in...
The European Union’s ban on Russian oil product exports is slated to kick in on Feb. 5. Picture Alliance | Picture Alliance | Getty Images Europe...
The European Union’s ban on Russian oil product exports is slated to kick in on Feb. 5. Picture Alliance | Picture Alliance | Getty Images Sanctions...
Shell said last month that windfall taxes imposed by the European Union and U.K. following the surge in profits would cost the group about $2 billion....
Forget growth stocks like tech. Analysts are recommending that investors go for companies with lots of cash. The market rallied in January — including the tech-heavy...
A vehicle passes an Exxon Mobil Corp. gas station in Arlington, Virginia, U.S., on Wednesday, April 29, 2020. Andrew Harrer | Bloomberg | Getty Images Exxon...
Norway’s sovereign wealth fund was established in the 1990s to invest the surplus revenues of the country’s oil and gas sector. Bloomberg | Bloomberg | Getty...