Big Oil Bets on Hot Air in Climate Talks

[ad_1] Oil-and-gas companies are banking on a glacial pace of progress on cutting fossil-fuel use in this year’s round of climate negotiations—and they may well get it. The U.N. Climate…

American Oil—Good to the Last Drop?

[ad_1] How low can they go? U.S. shale developers have been on a relentless chase to drill for oil as cheaply as possible. With plenty of cash in their pockets…

India, Italy for achieving balanced, fair Indo-EU free trade agreement

[ad_1] India and Italy have discussed progress of talks on the proposed free trade agreement between New Delhi and the European Union (EU) and hope for its early conclusion, the…

Opinion | Chuck Schumer Doesn’t Know How Gas Prices Work

[ad_1] Senate Majority Leader Chuck Schumer and 22 Democratic senators recently wrote to Federal Trade Commission Chairman Lina Khan calling for an investigation into the proposed mergers between Exxon Mobil…

Israeli Private Detective Gets Nearly Seven Years in Prison for Hacking Scheme

[ad_1] An Israeli private detective was sentenced to nearly seven years in prison Thursday for his role in a hacking-for-hire scheme that involved attempts to discredit investigations into whether Exxon…

Exxon Makes Lithium Play in Long-Term Bet on EV Demand

[ad_1] Exxon Mobil said Monday it is starting to drill for lithium in Arkansas and aims to become a major U.S. supplier for makers of electric-vehicle batteries by 2030.   The…

These Oil Giants Don’t Seem Tempted by Merger Mania

[ad_1] Shell and BP say they aren’t feeling pressure to bulk up after Exxon Mobil and Chevron’s multibillion-dollar deals. [ad_2] Source link

Why Exxon and Chevron’s Deals Leave Investors Cold

[ad_1] U.S. oil majors Exxon Mobil and Chevron are good at squeezing hydrocarbons out of the ground. Digging for extra Brownie points from investors has been tougher. The companies have…

BP Profit Rose on Higher Refining Margins, Strong Oil Trading

[ad_1] BP said its third-quarter profit rose on quarter amid higher realized refining margins, a strong oil trading result and higher oil and gas production, and that it intends to…

An American Family Oil Dynasty Ends as Hess Sells

[ad_1] Listen to article (2 minutes) One of the first things you notice when entering the Hess Tower in downtown Houston is the original forest-green truck that Leon Hess drove…