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Big Oil

Page 9 of 18
A truck driver stands by the gas container of his truck at a Shell gas station
EuropeOil 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 Prarthana PrakashJuly 27, 2023
Oil surge to $80 suggests ‘stars are aligning’ for crude price rally that would endanger global economy
FinanceOil surge to $80 suggests ‘stars are aligning’ for crude price rally that would endanger global economy
By Grant Smith and BloombergJuly 16, 2023
Higher gas prices could soon hit U.S. drivers as Saudi Arabia doubles down on oil production cuts
FinanceHigher 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 BloombergJune 4, 2023
Rising sea levels
EnvironmentThe 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 ConversationMay 23, 2023
California is taking a historic vote on whether to punish oil companies for price gouging at gas stations
FinanceCalifornia is taking a historic vote on whether to punish oil companies for price gouging at gas stations
By Adam Beam and The Associated PressMarch 23, 2023
Former Citgo exec held for 5 years in Venezuela sues oil firm for $100m for allegedly conspiring in his detention
FinanceFormer 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 PressMarch 23, 2023
Gavin Newsom
EnvironmentGavin Newsom really wants to hit oil companies with a penalty for price gouging
By Adam Beam and The Associated PressMarch 16, 2023
Exxon Mobil is plowing into energy trading and has everything it needs—except the right culture
FinanceExxon Mobil is plowing into energy trading and has everything it needs—except the right culture
By Devika Krishna Kumar, Kevin Crowley and BloombergFebruary 11, 2023
Bernard Looney, chief executive officer of BP
FeaturesBP vowed to help set the oil and gas industry on a greener path. Many who bought in now feel betrayed
By Vivienne WaltFebruary 7, 2023
Bernard Looney, chief executive officer of BP
FinanceBP’s strategic shift reflects the new reality since Vladimir Putin’s military attack on Ukraine
By William Mathis and BloombergFebruary 7, 2023
Gasoline demand in the U.S. has peaked. Drivers will benefit in the long run—but experience some short-term pain first
EnvironmentGasoline 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 BloombergJanuary 21, 2023
Saudi Arabia's Minister of Energy Abdulaziz bin Salman.
RetailOPEC 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 BloombergOctober 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
FinanceThe 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 Lucy BrewsterSeptember 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 The Associated PressAugust 4, 2022
Shell CEO Ben van Beurden is seen onstage at the 2021 Web Summit.
PoliticsShell CEO points out loopholes in Russian oil sanctions after announcing record profits
By Chloe TaylorMay 5, 2022
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