Exxon and Chevron, Buoyed by High Oil Prices, Shower Investors With Cash
Big oil companies are continuing to reap the benefits of high commodity prices but aren’t backing off plans to reward...
gas
Aramco Profit Hits $110 Billion as Saudis Seek to Expand Investments
DUBAI—State oil giant Saudi Aramco said Sunday its 2021 net profit more than doubled to $110 billion, a boon to...
WSJ News Exclusive | Russian Prosecutors Warn Western Companies of Arrests, Asset Seizures
Russian prosecutors have issued warnings to Western companies in Russia, threatening to arrest corporate leaders there who criticize the government...
Oil CEOs, Biden Officials Warn Oil Volatility Is Here to Stay
HOUSTON—The chief executives of some of the world’s largest oil companies and U.S. government officials warned Monday that there were...
Western Companies Pull Back From Russia in Response to Ukraine Invasion, Sanctions
BP PLC said Sunday it would exit its nearly 20% stake in Russian oil producer Rosneft, after pressure from the...
BP to Exit From Stake in Russia’s Rosneft Following Pressure From U.K.
British energy giant BP PLC said Sunday it will exit its nearly 20% stake in Russian government-controlled oil producer Rosneft...
Russia-Ukraine Crisis Has Western Companies Bracing for Sanctions Hit
Western companies with operations in Russia and Ukraine are girding for the potential impact of fresh sanctions after Russian President...
California’s Green-Energy Subsidies Spur a Gold Rush in Cow Manure
Clean Energy Fuels Corp. , a major distributor of natural gas made from waste, found a way to boost its...
Chevron Rakes in $15.6 Billion in Annual Profits as Oil Prices Climb
Chevron Corp. had its most profitable year since 2014, reporting Friday that it earned $15.6 billion in net income in...
Exxon Pledges to Reduce Carbon Emissions From Operations to ‘Net Zero’
Exxon Mobil Corp. said it has set a goal to reduce or offset greenhouse-gas emissions from its operations to zero...
Demand for Oil, Gas to Remain Robust for Years, Energy Leaders Say
The leaders of the world’s largest oil companies said Monday that demand for the products they make will remain robust...
Carbon Offsets Are Used by Companies Seeking ‘Net Zero,’ but Concerns Persist
Companies are snapping up carbon offsets, but the patchwork of informal markets serving that appetite lack consistent standards and oversight,...
Oil Prices Have Topped $80. But Don’t Expect a Spending Bonanza from Shale Drillers
Shale companies are on track to spend a little more money pumping oil next year, but most aren’t opening up...
BHP Considers Sale of $15 Billion-Valued Petroleum Business
SYDNEY— BHP Group Ltd. , the world’s biggest mining company, said it is considering the sale of its petroleum business,...
Exxon, Chevron Report Billions in Profits but Plan to Keep Spending Tight
Big oil companies are raking in their highest profits since the onset of the coronavirus pandemic, but they plan to...
Chevron Foe Steven Donziger Found Guilty of Contempt in Ecuador Saga
Disbarred attorney Steven Donziger was found guilty of six counts of criminal contempt of court, the latest twist in a...
Apple, Amazon, Tesla Among the Giants Set to Post Results
Corporate giants from Apple Inc. to Visa Inc. are expected to report their financial results over the coming week, giving...
