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Saudi Arabia is squeezing the oil market just as consumption surges: ‘The Fed may have to react’
Finance
Saudi Arabia is squeezing the oil market just as consumption surges: ‘The Fed may have to react’
By Grant Smith, Sarah Chen, Alex Longley, Devika Krishna Kumar and BloombergSeptember 9, 2023
Biden administration has canceled the 7 remaining oil and gas leases Trump gave in Alaska’s Arctic Refuge
Politics
Biden administration has canceled the 7 remaining oil and gas leases Trump gave in Alaska’s Arctic Refuge
By Becky Bohrer, Matthew Daly and The Associated PressSeptember 7, 2023
An employee manufactures copper wires at a factory in Huai’an, Jiangsu Province, China, June 2023.
Economy
Oil’s historic price surge in 2008 will look like ‘child’s play’ compared with the expected copper boom by 2025, Citi says
By Will DanielAugust 28, 2023
Big Oil’s falling profits push BP to hike dividends and buy back $1.5 billion more stock to keep shareholders happy
Finance
Big Oil’s falling profits push BP to hike dividends and buy back $1.5 billion more stock to keep shareholders happy
By Laura Hurst and BloombergAugust 1, 2023
Saudi Arabia has the most profitable company in the history of the world, with $3.2 trillion to invest by 2030. Who will say no to that tidal wave of cash?
Magazine
Saudi Arabia has the most profitable company in the history of the world, with $3.2 trillion to invest by 2030. Who will say no to that tidal wave of cash?
By Vivienne WaltAugust 1, 2023
A truck driver stands by the gas container of his truck at a Shell gas station
Europe
Oil companies that made a killing last year after energy prices surged are now facing a reckoning. Some have taken more than a 50% hit
By Prarthana PrakashJuly 27, 2023
Oil surge to $80 suggests ‘stars are aligning’ for crude price rally that would endanger global economy
Finance
Oil surge to $80 suggests ‘stars are aligning’ for crude price rally that would endanger global economy
By Grant Smith and BloombergJuly 16, 2023
Higher gas prices could soon hit U.S. drivers as Saudi Arabia doubles down on oil production cuts
Finance
Higher gas prices could soon hit U.S. drivers as Saudi Arabia doubles down on oil production cuts
By Grant Smith, Fiona MacDonald, Nayla Razzouk, Ben Bartenstein and BloombergJune 4, 2023
Rising sea levels
Environment
The Supreme Court just gave a massive boost to the dozens of cities suing Big Oil over rising sea levels, 2 law professors say
By Patrick Parenteau, John Dernbach and The ConversationMay 23, 2023
California is taking a historic vote on whether to punish oil companies for price gouging at gas stations
Finance
California is taking a historic vote on whether to punish oil companies for price gouging at gas stations
By Adam Beam and The Associated PressMarch 23, 2023
Former Citgo exec held for 5 years in Venezuela sues oil firm for $100m for allegedly conspiring in his detention
Finance
Former Citgo exec held for 5 years in Venezuela sues oil firm for $100m for allegedly conspiring in his detention
By Juan Lozano and The Associated PressMarch 23, 2023
Gavin Newsom
Environment
Gavin Newsom really wants to hit oil companies with a penalty for price gouging
By Adam Beam and The Associated PressMarch 16, 2023
Exxon Mobil is plowing into energy trading and has everything it needs—except the right culture
Finance
Exxon Mobil is plowing into energy trading and has everything it needs—except the right culture
By Devika Krishna Kumar, Kevin Crowley and BloombergFebruary 11, 2023
Bernard Looney, chief executive officer of BP
Features
BP vowed to help set the oil and gas industry on a greener path. Many who bought in now feel betrayed
By Vivienne WaltFebruary 7, 2023
Bernard Looney, chief executive officer of BP
Finance
BP’s strategic shift reflects the new reality since Vladimir Putin’s military attack on Ukraine
By William Mathis and BloombergFebruary 7, 2023
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