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Gasoline demand in the U.S. has peaked. Drivers will benefit in the long run—but experience some short-term pain first
Environment
Gasoline demand in the U.S. has peaked. Drivers will benefit in the long run—but experience some short-term pain first
By Chunzi Xu and BloombergJanuary 21, 2023
Saudi Arabia's Minister of Energy Abdulaziz bin Salman.
Retail
OPEC tries to keep oil prices high and cuts output by 2 million barrels in a move that Biden calls ‘unnecessary’
By Salma El Wardany, Grant Smith, Ben Bartenstein, Fiona MacDonald and BloombergOctober 5, 2022
The stock market is crashing, but 10 stocks have seen gains of more than 30% this year. And 7 of them are in a single sector
Finance
The stock market is crashing, but 10 stocks have seen gains of more than 30% this year. And 7 of them are in a single sector
By Lucy BrewsterSeptember 28, 2022
United Nations Secretary General Antonio Guterres speaks to the media
Finance
‘Grotesque greed’ of oil and gas companies slammed by UN chief who urged governments to tax ‘immoral’ profits and distribute money to vulnerable families
By The Associated PressAugust 4, 2022
Shell CEO Ben van Beurden is seen onstage at the 2021 Web Summit.
Politics
Shell CEO points out loopholes in Russian oil sanctions after announcing record profits
By Chloe TaylorMay 5, 2022
Germany says dependence on Russian oil could end in late summer
Europe
Germany says dependence on Russian oil could end in late summer
By BloombergMay 1, 2022
Photo illustration of dominos falling.
Magazine
Oil is entering a New World Order. Here are the big winners and losers
By Bernhard WarnerMarch 29, 2022
A $100 dollar bill evaporates, an illustration of "stagflation."
Finance
What is stagflation? Fears are rising that the U.S. economy is headed for a 1970s-style death spiral
By Erin PraterMarch 10, 2022
U.S. President Joe Biden delivers a speech at a podium
Newsletters
Biden’s ban on Russian oil imports is a symbolic gesture that won’t cost either side very much
By Eamon BarrettMarch 9, 2022
The Permian Basin in the American southwest is leading the U.S. to record-high crude oil production
Energy
The U.S. oil industry is gushing, with record production expected in 2023 as companies try to cash in on high prices
By Jonathan VanianFebruary 18, 2022
Offshore oil rig in Cook Inlet, Alaska
Energy
You’d think $90 oil and record electricity prices would mean more green investment. You’d be wrong
By Sophie MellorFebruary 10, 2022
Shell’s decision to leave the Netherlands is about keeping investors on its side in difficult times
Energy
Shell’s decision to leave the Netherlands is about keeping investors on its side in difficult times
By Katherine DunnNovember 16, 2021
COP26 - Protests
Environment
COP26 is ‘crawling with fossil fuel lobbyists,’ and they’re watering down negotiations, climate hawks warn
By Sophie MellorNovember 12, 2021
As breakup calls grow louder, Shell delivers an earnings dud
Energy
As breakup calls grow louder, Shell delivers an earnings dud
By Katherine DunnOctober 28, 2021
Saudi Aramco is the world’s most profitable oil giant. For investors, it’s one big yawn
Energy
Saudi Aramco is the world’s most profitable oil giant. For investors, it’s one big yawn
By Adrian CroftAugust 26, 2021
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