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Schumer and 22 Senate Democrats demand DOJ crack down on oil industry price-fixing
PoliticsSchumer and 22 Senate Democrats demand DOJ crack down on oil industry price-fixing
By Matthew Daly and The Associated PressMay 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’
FinanceAs 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 Will DanielMay 29, 2024
John Hess and Mike Wirth
FinanceHess CEO drags $53 billion Chevron deal over the line amid grapple with Exxon
By Mitchell Ferman, Kevin Crowley, Yiqin Shen and BloombergMay 28, 2024
A fixed-wing drone flies over Saudi Aramco's Khurais field.
EnvironmentThe world’s biggest oil company says it can reach ‘net zero’ without producing less oil. Can Saudi Aramco thread that needle?
By Vivienne WaltMay 23, 2024
Pedestrians walk past a Shell garage at night
EnvironmentClimate activists led a Shell shareholder rebellion over decarbonization targets, winning 19% of the vote. What difference will it make?
By Adam GaleMay 22, 2024
Joe Biden
Personal FinanceWith summer road trips fast approaching, Biden seeks to lower gas prices
By Matthew Daly and The Associated PressMay 21, 2024
Houthi fighter mans machine gun
PoliticsAn 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 BloombergMay 18, 2024
Tiny, light-brown lizard sparks massive clash  between environmentalists and oil giants
EnvironmentTiny, light-brown lizard sparks massive clash between environmentalists and oil giants
By Scott Sonner and The Associated PressMay 17, 2024
Marathon Petroleum just named its first female CEO—and it’s showing a trend for the CFO as a C-suite powerplayer
FinanceMarathon Petroleum just named its first female CEO—and it’s showing a trend for the CFO as a C-suite powerplayer
By Sheryl EstradaMay 14, 2024
Irving Oil
SuccessArthur Irving, one of Canada’s richest people and heir to a massive oil fortune, has died at 93
By The Associated PressMay 14, 2024
A logo of BP
FinanceBP profits drop 45% to $2.7 billion in first quarter but share buybacks stay
By BloombergMay 7, 2024
Gazprom CEO Alexey Miller.
FinanceRussian gas giant Gazprom, hammered by Western sanctions, makes first loss in 24 years
By BloombergMay 3, 2024
Pioneer Natural Resources
FinanceOil founder’s reams of text message and meetings with OPEC weren’t collusion, Exxon merger partner says, claiming ‘fundamental misunderstanding’
By The Associated PressMay 2, 2024
Scott Sheffield
FinanceFTC rocks oil industry with claim that Texas executive was colluding with OPEC to fix prices
By Kevin Crowley, Leah Nylen and BloombergMay 2, 2024
Austin-based company fined for releasing 7.6 million pounds of gases known to cause respiratory issues into New Mexico
EnvironmentAustin-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 PressApril 29, 2024
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Success
Apple cofounder Ronald Wayne—whose stake would be worth up to $400 billion had he not sold it in 1976—says that at 91, he has no regretsplaceholder alt text
By Preston ForeApril 27, 2026
Energy
‘Take the money and run’: Johns Hopkins economist Steve Hanke on why the UAE quit OPECplaceholder alt text
By Shawn TullyApril 29, 2026
AI
‘The cost of compute is far beyond the costs of the employees’: Nvidia executive says right now AI is more expensive than paying human workersplaceholder alt text
By Sasha RogelbergApril 28, 2026
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