oil and gas

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Saudi Aramco CEO Amin Nasser
Finance

The world’s top crude exporter has quadrupled imports of fuel oil to the highest level in more than 3 years

By Anthony Di Paola and Bloomberg
July 12, 2024
woman fills up car at gas station
Finance

Gas prices are headed lower amid weak demand, even during peak driving season, according to Wall Street’s short bets

By Jordan Fitzgerald and Bloomberg
July 8, 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
Biden sold off nearly 50% of the Strategic Petroleum Reserve. Is that a problem?
Personal Finance

Biden sold off nearly 50% of the Strategic Petroleum Reserve. Is that a problem?

By
June 6, 2024
Saudi Aramco's Amin Nasser
Finance

Saudi Arabia’s oil giant sees massive stock offering sell out in hours as investors clamor for annual dividend payouts of $124 billion

By Matthew Martin, Julia Fioretti and Bloomberg
June 2, 2024
Schumer and 22 Senate Democrats demand DOJ crack down on oil industry price-fixing
Politics

Schumer and 22 Senate Democrats demand DOJ crack down on oil industry price-fixing

By Matthew Daly and The Associated Press
May 30, 2024
As the EV market cools, the oil industry scorches with $250 billion in high-stakes deals and mass consolidation: ‘The bigger the company is, the more money they make’
Finance

As the EV market cools, the oil industry scorches with $250 billion in high-stakes deals and mass consolidation: ‘The bigger the company is, the more money they make’

By
May 29, 2024
John Hess and Mike Wirth
Finance

Hess CEO drags $53 billion Chevron deal over the line amid grapple with Exxon

By Mitchell Ferman, Kevin Crowley, Yiqin Shen and Bloomberg
May 28, 2024
A fixed-wing drone flies over Saudi Aramco's Khurais field.
Environment

The world’s biggest oil company says it can reach ‘net zero’ without producing less oil. Can Saudi Aramco thread that needle?

By
May 23, 2024
Pedestrians walk past a Shell garage at night
Environment

Climate activists led a Shell shareholder rebellion over decarbonization targets, winning 19% of the vote. What difference will it make?

By
May 22, 2024
Joe Biden
Personal Finance

With summer road trips fast approaching, Biden seeks to lower gas prices

By Matthew Daly and The Associated Press
May 21, 2024
Houthi fighter mans machine gun
Politics

An oil tanker going from Russia to China is hit by a Houthi missile in the Red Sea, U.S. military says

By Eamon Akil Farhat and Bloomberg
May 18, 2024
Tiny, light-brown lizard sparks massive clash between environmentalists and oil giants
Environment

Tiny, light-brown lizard sparks massive clash between environmentalists and oil giants

By Scott Sonner and The Associated Press
May 17, 2024
Marathon Petroleum just named its first female CEO—and it’s showing a trend for the CFO as a C-suite powerplayer
Finance

Marathon Petroleum just named its first female CEO—and it’s showing a trend for the CFO as a C-suite powerplayer

By
May 14, 2024
Irving Oil
Success

Arthur Irving, one of Canada’s richest people and heir to a massive oil fortune, has died at 93

By
May 14, 2024

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