WSJ News Exclusive | Exxon Considers Leasing, Selling Unused Office Space at Houston Campus
WSJ News ExclusiveBusinessMajor oil company uses less than half of available space at campus poised to become global headquarters next...
crude oil
Exxon Hits Record Profits Again as Oil Industry Sees Banner Quarter
The world’s largest oil companies continue to reap rewards from sustained high commodity prices as Exxon XOM 2.93% Mobil Corp....
Shell, Awash With Cash, to Boost Dividend, Share Buybacks
LONDON— Shell SHEL 0.95% PLC said it plans to boost its dividend and buy back another $4 billion of its...
Russia Wipes Out Exxon’s Stake in Sakhalin Oil-and-Gas Project
The Kremlin has pushed Exxon XOM 1.44% Mobil Corp. out of a major Russian oil-and-gas project and transferred the Texas...
Fracking Pioneer Harold Hamm to Take Continental Resources Private
Harold Hamm, the billionaire fracking pioneer, agreed to buy the shares of Continental Resources Inc. CLR 8.68% not owned by...
Want to Get Ahead? Pick the Right Company
Retail workers at Gap Inc. GPS 3.25% are significantly more likely to become managers than at other companies in their...
Exxon Improperly Fired Scientists Suspected of Sharing Information, Labor Department Finds
The Labor Department said it found Exxon Mobil Corp. XOM -1.01% illegally fired two company scientists over suspicions they shared...
OPEC+ Agrees to Biggest Oil Production Cut Since Start of Pandemic
VIENNA—The Organization of the Petroleum Exporting Countries and its Russia-led allies on Wednesday agreed to slash two million barrels a...
OPEC+ to Weigh Production Cut to Bolster Oil Prices
OPEC+ is set to consider Wednesday its most drastic reduction of production since the pandemic began in order to help...
Exxon CEO Warns Biden Administration Against Limiting Fuel Exports
Exxon Mobil Corp. is pushing back against reductions of U.S. fuel exports urged by the Biden administration in August, arguing...
WSJ News Exclusive | Chevron Sells Global Headquarters, Pares Back in California Amid Texas Expansion
The second-largest U.S. oil company closed the sale Wednesday of its Chevron Park campus in San Ramon, Calif., its global...
Hertz, BP to Provide Charging Stations for Electric Rental Cars
Hertz said it aims for one-quarter of its fleet to be electric by the end of 2024. Photo: ANDREW KELLY/REUTERS...
Germany to Nationalize Ailing Uniper After Russian Natural-Gas Cuts
BERLIN—Germany will nationalize Uniper, UN01 -29.89% seeking to save the country’s largest gas importer that was hit hard by Russian...
Private Drillers Are Hitting Their Limits
Dozens of small drillers helped fuel a resurgence in the busiest U.S. oil patch over the past two years. But...
Germany Takes Control of Oil Refineries Owned by Russia’s Rosneft
BERLIN—Germany took control of the German business of Russian oil giant Rosneft Oil Co. as Berlin races to safeguard its...
European Manufacturers Reel From Russian Gas Shutoff
European industry thrived for decades on a steady supply of cheap Russian gas, which flowed uninterrupted throughout the Cold War...
How a CEO Rescued a Big Bet on Big Oil; ‘There Were a Lot of Doubters’
Occidental Petroleum Corp. OXY 1.75% entered the thick of the pandemic among the worst prepared of its U.S. oil-and-gas peers....
Oil Royalty and Mineral Companies Sitio and Brigham to Merge in $4 Billion Tie-Up
Sitio Royalties Corp. and Brigham Minerals Inc. have reached a deal to merge to form one of the largest publicly...
European Governments, Companies Gird for Higher Prices After Russia Gas Cutoff
Companies and governments girded for higher energy prices and said they were continuing to prepare for emergency measures after Russia...
Russia to Keep Nord Stream Pipeline Shut, Citing Mechanical Problems
Russia indefinitely suspended natural gas flows to Europe via a key pipeline hours after the Group of Seven agreed to...
