Goldman downgrades this oil giant, says steam is running out after years of massive gains
Goldman Sachs downgraded shares of Exxon Mobil on Monday, citing the stocks outperformance from 2020 as a reason to re-evaluate.
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PlayStation, treasure hunts and natural wonders: What life is like onboard a giant oil tanker
Seafarers describe the highs and lows of spending months on the ocean.
Wall Street predicted a big surge for oil this year. But prices are now lower
Macroeconomic concerns have once more deflated oil prices near $80 barrels per day, despite a further voluntary cut coordinated by some OPEC+ members.
Swiss National Bank to face Credit Suisse and climate protests at fraught AGM
The Swiss National Bank will face protests on Friday over its action on climate change and its role in the emergency sale of Credit Suisse to UBS.
OPEC says IEA should be ‘very careful’ with repeated calls to stop investing in oil
Oil producer group OPEC on Thursday lashed out at the IEA, saying the energy agency should be “very careful” about undermining industry investments.
Oil major BP braces itself for shareholder revolt after scaling back its climate targets
BP is bracing itself for a shareholder revolt on Thursday after the oil major rolled back its emission reduction targets in the wake of record profits.
Pioneer beats on earnings, announces succession, tweaks dividend — a mix pressuring the oil stock
Overall the quarter looks fine to us with production coming in at the high end of guidance. But, the big news was the CEO’s retirement plans.
With Russia’s role in the global energy system falling, a select few nations are set to benefit
Western sanctions, which resulted from the onslaught of its neighbor, sapped most foreign investment out of Russia’s LNG sector.
Halliburton’s first-quarter results validate our reasons for owning the stock
Club holding Halliburton (HAL) reported stronger-than-expected first-quarter results before the bell Tuesday.
Supreme Court deals blow to oil companies by turning away climate cases
Decision means lawsuits filed by municipalities seeking to hold companies liable for harms caused by carbon emissions can move forward in state court.
