Big Oil

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Saudi Arabia has the most profitable company in the history of the world, with $3.2 trillion to invest by 2030. Who will say no to that tidal wave of cash?
Magazine

Saudi Arabia has the most profitable company in the history of the world, with $3.2 trillion to invest by 2030. Who will say no to that tidal wave of cash?

By
August 1, 2023
A truck driver stands by the gas container of his truck at a Shell gas station

Oil companies that made a killing last year after energy prices surged are now facing a reckoning. Some have taken more than a 50% hit

By
July 27, 2023
Oil surge to $80 suggests ‘stars are aligning’ for crude price rally that would endanger global economy
Finance

Oil surge to $80 suggests ‘stars are aligning’ for crude price rally that would endanger global economy

By Grant Smith and Bloomberg
July 16, 2023
Higher gas prices could soon hit U.S. drivers as Saudi Arabia doubles down on oil production cuts
Finance

Higher gas prices could soon hit U.S. drivers as Saudi Arabia doubles down on oil production cuts

By Grant Smith, Fiona MacDonald, Nayla Razzouk, Ben Bartenstein and Bloomberg
June 4, 2023
Rising sea levels
Environment

The Supreme Court just gave a massive boost to the dozens of cities suing Big Oil over rising sea levels, 2 law professors say

By Patrick Parenteau, John Dernbach and The Conversation
May 23, 2023
California is taking a historic vote on whether to punish oil companies for price gouging at gas stations
Finance

California is taking a historic vote on whether to punish oil companies for price gouging at gas stations

By Adam Beam and The Associated Press
March 23, 2023
Former Citgo exec held for 5 years in Venezuela sues oil firm for $100m for allegedly conspiring in his detention
Finance

Former Citgo exec held for 5 years in Venezuela sues oil firm for $100m for allegedly conspiring in his detention

By Juan Lozano and The Associated Press
March 23, 2023
Gavin Newsom
Environment

Gavin Newsom really wants to hit oil companies with a penalty for price gouging

By Adam Beam and The Associated Press
March 16, 2023
Exxon Mobil is plowing into energy trading and has everything it needs—except the right culture
Finance

Exxon Mobil is plowing into energy trading and has everything it needs—except the right culture

By Devika Krishna Kumar, Kevin Crowley and Bloomberg
February 11, 2023
Bernard Looney, chief executive officer of BP
Features

BP vowed to help set the oil and gas industry on a greener path. Many who bought in now feel betrayed

By
February 7, 2023
Bernard Looney, chief executive officer of BP
Finance

BP’s strategic shift reflects the new reality since Vladimir Putin’s military attack on Ukraine

By William Mathis and Bloomberg
February 7, 2023
Gasoline demand in the U.S. has peaked. Drivers will benefit in the long run—but experience some short-term pain first
Environment

Gasoline demand in the U.S. has peaked. Drivers will benefit in the long run—but experience some short-term pain first

By Chunzi Xu and Bloomberg
January 21, 2023
Saudi Arabia's Minister of Energy Abdulaziz bin Salman.
Retail

OPEC tries to keep oil prices high and cuts output by 2 million barrels in a move that Biden calls ‘unnecessary’

By Salma El Wardany, Grant Smith, Ben Bartenstein, Fiona MacDonald and Bloomberg
October 5, 2022
The stock market is crashing, but 10 stocks have seen gains of more than 30% this year. And 7 of them are in a single sector
Finance

The stock market is crashing, but 10 stocks have seen gains of more than 30% this year. And 7 of them are in a single sector

By
September 28, 2022
United Nations Secretary General Antonio Guterres speaks to the media
Finance

‘Grotesque greed’ of oil and gas companies slammed by UN chief who urged governments to tax ‘immoral’ profits and distribute money to vulnerable families

By
August 4, 2022

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