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A turnaround for oil companies?

by Scott Tong Feb 1, 2019
Some investors are optimistic that Big Oil has been able to ride out the plummeting prices of late last year.

U.S. oil companies take cautious approach despite higher prices and demand

by Renata Sago Apr 27, 2018
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…

Higher oil prices and higher output give U.S. more clout

by Andy Uhler Jan 31, 2018
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…

How the Rockefellers came to be at odds with Big Oil

by Kai Ryssdal and Sean McHenry Jan 12, 2018
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…

Now that Tillerson works for the American people, will his skill set transfer?

by Kai Ryssdal and Robert Garrova Apr 11, 2017
The new secretary of state and administration are finding out 'how hard the world is to bend to your will,' writer says.
Rex Tillerson worked for decades at Exxon Mobil, including as CEO, before becoming secretary of state in the Trump's administration.
Joe Raedle/Getty Images

The argument for implementing a carbon tax

by David Brancaccio Dec 15, 2016
The world is embracing sustainability, says one Marketplace contributor.
Volker Hartmann/Getty Images

ExxonMobil's profits fall further

by Jed Kim Jul 29, 2016
The company's petrochemicals business helped keep it in the black as oil prices stayed low.
Chairman and CEO of US oil and gas corporation ExxonMobil, Rex Tillerson, speaks during the 2015 Oil and Money conference in central London on October 7, 2015.
BEN STANSALL/AFP/Getty Images

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Investors want Exxon to account for climate change

by Jed Kim May 24, 2016
ExxonMobil faces a shareholder resolution at its annual meeting
Oil covers a local resident's boot at Refugio State Beach in Goleta, California, May 19, 2015. 
ROBYN BECK/AFP/Getty Images

Oil companies are pressed to address climate change

by Ashley Milne-Tyte May 12, 2016
A study says investors care more about climate change than corporate managers.
An oil rig in Taft, California extracts crude.
David McNew/Getty Images

ExxonMobil and Chevron profits slide on low oil prices

by Marketplace Staff Apr 29, 2016
ExxonMobil saw it's lowest quarterly profits since 1999 while Chevron had a quarterly net loss of $725 million.
Oil rigs extract crude for Chevron at sunrise. The company's shares fell 0.6 percent Friday morning after reporting a quarterly net loss of $725 million.
David McNew/Getty Images