More than 500 oil- and gas-related firms have declared bankruptcy. The survivors are focusing on efficiency, and some plan a transition.
OPEC and its allies are having trouble coming to an agreement, because individual countries see thing differently.
The gas and oil giant used two sets of books, the New York attorney general's office alleges.
Four decades ago, energy companies made up 25% of the S&P 500 index. Now it’s 4%.
With the U.S.-based oil giants Chevron Corp. and Exxon Mobil Corp. scheduled to release their first quarter 2018 earnings Friday morning, we look at the state of the oil industry. Companies are reaping the benefits from higher oil prices and demand. But what is big oil investing in these days, with an eye toward the future? Click […]
Prices for West Texas crude oil are hovering around $65 a barrel. That’s more than twice the price at this time just two years ago. Oil companies, including major players like Exxon Mobil and Chevron, have let investors know they’re increasing production, specifically in Texas’ Permian Basin, where output has tripled in the past three years. […]
Earlier this week, New York City Mayor Bill de Blasio announced that New York City would divest its pension funds from fossil fuels and that the city would sue the big five oil companies. The reason? To collect damages for the cost of coping with the effects of climate change on city infrastructure. The irony […]
The new secretary of state and administration are finding out 'how hard the world is to bend to your will,' writer says.
The world is embracing sustainability, says one Marketplace contributor.