Exxon Mobil (NYSE:XOM), which once criticized clean energy spending by European rivals, is poised to leapfrog Shell (SHEL) and BP (BP) in low carbon spending, the Financial Times reported Monday.
The upcoming earnings reports for big oil and energy companies will tell a story of two different worlds. On the one hand, we will likely see lower profits from simply drilling for oil and gas (or the ...
Exxon Mobil warned that the European Union's proposed methane emissions framework could have significant repercussions for ...
The energy industry is increasingly pushing back against climate activists. Greenpeace and other activist groups face major legal and financial setbacks. A broader backlash against climate activism is ...
Attorneys from the law firm Paul, Weiss are no longer representing the oil company in at least four lawsuits that ask the fossil fuel industry to pay for ...
It was a week when both oil and natural gas prices logged steep losses. Overall, it was a catastrophic seven-day period for the sector. West Texas Intermediate (WTI) crude futures plunged more than 10 ...
The Trump administration is touting low pump prices, but oil and gas companies encountered headwinds in the second quarter. Officials with Exxon Mobil and Shell warned investors Monday that volatile ...
Exxon Mobil (NYSE:XOM), BP (BP) and Shell (SHEL) have held preliminary discussions with Oil and Natural Gas Corp. for a potential partnership in the Indian company's $5B deepwater project in the KG ...
The Energy Products segment is by far the primary source of sales and operating revenue, while the Upstream segment drives net income.