An energy transition loophole is allowing Big Oil to offload high-polluting assets to private buyers
Some of the world's largest corporate emitters are increasingly selling off dirty assets in a bid to look greener on paper.
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Households are now spending an estimated $5,000 a year on gasoline
U.S. households are now spending the equivalent of $5,000 a year on gasoline, up from $2,800 a year ago, according to Yardeni Research.
Households are now spending an estimated $5,000 a year on gasoline Read More »
California's gas average tops $6 per gallon as prices across the U.S. surge
California's state average for a gallon of gas hit a record above $6.
California's gas average tops $6 per gallon as prices across the U.S. surge Read More »
Oil giant Aramco reports record first quarter as oil prices soar
Saudi Arabia's Aramco reported a more-than 80% jump in profit, blowing past analyst expectations and setting a new record for the company.
Oil giant Aramco reports record first quarter as oil prices soar Read More »
Gasoline, diesel prices rise to another record amid rampant inflation
Prices at the pump are at the highest on record.
Gasoline, diesel prices rise to another record amid rampant inflation Read More »
Big Oil braces for shareholder revolt over climate plans in proxy voting season
Oil and gas majors on both sides of the Atlantic are scheduled to hold their annual general meetings in the coming weeks.
Big Oil braces for shareholder revolt over climate plans in proxy voting season Read More »
UAE, Saudi energy ministers hit back at 'NOPEC' bill, say it could send oil prices surging
Top OPEC ministers have hit back at new U.S. legislation intended to regulate its output, saying such efforts would bring greater chaos to energy markets.
National average for gasoline hits record $4.37 a gallon
The national average for a gallon of gas hit an all-time high on Tuesday. In California, where prices are highest, the state average is approaching $6.
National average for gasoline hits record $4.37 a gallon Read More »
Diesel fuel is in short supply as prices surge — Here's what that means for inflation
Diesel powers the economy with trains, trucks, tankers and planes all using the fuel. And with prices soaring, consumers are paying more.
Diesel fuel is in short supply as prices surge — Here's what that means for inflation Read More »
Goldman likes these stocks amid market volatility — and two are on its conviction list
Goldman Sachs has listed a number of buy-rated stocks it says have strong fundamentals and above-average returns.
Goldman likes these stocks amid market volatility — and two are on its conviction list Read More »
