But that means consumers can expect lower prices at the pump.

Oil production near Guyana is ramping up while production in places like the Permian Basin appears to be approaching a plateau.

Both Exxon Mobil and Chevron reported their most profitable quarters of all time during the calendar year. Sustaining that growth is more complicated.

Outsize profits and stock buybacks are inviting more scrutiny from policymakers and environmental advocates.

It’s the first time climate change activists have succeeded in challenging a big oil company, says business professor Erik Gordon.

Demand for oil has come back a bit, but it’s still lower than it was before the pandemic.

New York has sued Exxon, alleging it defrauded investors by misrepresenting the costs of climate change regulations.

New York has sued Exxon, alleging it defrauded investors by misrepresenting the costs of climate change regulations.