Big Oil

Page 5 of 16

FTC Chair Lina Khan
Leadership

The FTC is looking for a ‘smoking gun’ as it investigates whether U.S. oil giants colluded with OPEC

By Mitchell Ferman, Leah Nylen, Jennifer A. Dlouhy and Bloomberg
July 19, 2024
Marathon Oil Lee Tillman holding his hands in a weird way
Environment

Marathon Oil reaches historic $241 million settlement with EPA—the largest-ever penalty for violating the Clean Air Act

By
July 11, 2024
person holding a bottle of crude oil
Finance

We’ll soon live in a world with a ‘staggering’ excess of oil that we can’t fully use, global energy watchdog IEA warns

By
June 13, 2024
UN Secretary General António Guterres gives a speech.
Environment

After 12 ‘shocking’ months of broken heat records, scientists say Earth is 4 years away from crossing 1.5 degrees of heating

By The Associated Press and Jamey Keaten
June 5, 2024
flooded Vermont street
Environment

Vermont becomes first state to make oil companies pay for climate-change damage after Republican governor doesn’t veto bill

By Lisa Rathke and The Associated Press
June 1, 2024
A logo of BP
Finance

BP profits drop 45% to $2.7 billion in first quarter but share buybacks stay

By
May 7, 2024
Austin-based company fined for releasing 7.6 million pounds of gases known to cause respiratory issues into New Mexico
Environment

Austin-based company fined for releasing 7.6 million pounds of gases known to cause respiratory issues into New Mexico

By Susan Montoya Bryan and The Associated Press
April 30, 2024
workers on an oil rig position a drill
Finance

Oil and gas companies are swimming in so much cash that they’re cutting back on borrowing at a faster pace

By Tim Quinson and Bloomberg
April 29, 2024
CEO of Royal Dutch Shell Ben van Beurden speaks about "Energy transition was never going to be easy" at Altice Arena.
Environment

KKR is entrusting its multibillion-dollar green transition to the former CEO of oil-guzzling giant Shell

By
April 17, 2024
Jamie Dimon testifies
Environment

Jamie Dimon calls LNG exports a ‘realpolitik goal’ and a ‘great economic boon’ for the U.S.

By Ruth Liao and Bloomberg
April 8, 2024
Supply shocks are threatening to push oil to $100 per barrel ahead of the U.S. summer driving season—and complicating rate-cut deliberations
Finance

Supply shocks are threatening to push oil to $100 per barrel ahead of the U.S. summer driving season—and complicating rate-cut deliberations

By Lucia Kassai, Sharon Cho, Devika Krishna Kumar, Alex Longley and Bloomberg
April 7, 2024
Amin Nasser, chief executive officer of Saudi Aramco, speaks at the 2024 CERAWeek by S&P Global conference in Houston, Texas, US, on Monday, March 18
Environment

Saudi Aramco CEO says it’s time to abandon the ‘fantasy’ of phasing out oil because the $9.5 trillion energy transition is on a ‘road to nowhere’

By
March 19, 2024
Young women are pranking their dads by saying they’re going to work on oil rigs. The responses are heartwarming: ‘Money can’t bring your life back.’
Lifestyle

Young women are pranking their dads by saying they’re going to work on oil rigs. The responses are heartwarming: ‘Money can’t bring your life back.’

By
February 27, 2024
Climate activism is making Big Oil bigger. But it’s not all bad news for the energy transition
Commentary

Climate activism is making Big Oil bigger. But it’s not all bad news for the energy transition

By
February 15, 2024
BP Plc surged to a two-month high after accelerating share buybacks. Chief Executive Officer Murray Auchincloss was appointed last month.
Finance

BP investors send shares soaring as new CEO woos them with $250m buyback boost after his predecessor Bernard Looney’s abrupt resignation

By Laura Hurst and Bloomberg
February 6, 2024

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