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...
integrated oil
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 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...
BHP Earnings Nearly Triple as Coal Prices Run Hot
ADELAIDE, Australia—BHP Group Ltd. said its annual profit nearly tripled as it benefited from the sale of its petroleum business...
Aramco Reports Record Profit, Injecting Saudi Kingdom With Cash
DUBAI—High crude prices are infusing Saudi Arabia with billions of dollars in cash, fueling record profit at its national oil...
What CEOs Are Saying: ‘Situation Seems Worse Than It Did a Quarter Ago’
Here is what some of the world’s corporate leaders said in their quarterly earnings reports this week about the economy,...
Hilcorp, Exxon and Conoco Top Greenhouse Gas Emitters, Environmental Groups Say
Hilcorp Energy Co., Exxon Mobil Corp. , Conoco COP -4.96% Phillips and Occidental Petroleum Corp. OXY -3.13% are the U.S....
Exxon Says Quarterly Profit Could Hit $18 Billion
Exxon Mobil Corp. is forecasting banner second-quarter earnings that could come in as high as about $18 billion, largely on...
Chevron CEO Sees Russian Oil Output Falling After Exit of Western Firms
Russia is still finding a home for much of its oil despite expanding sanctions, but its production likely will diminish...
Saudi Aramco Posts Record Quarterly Profit on Surging Oil Prices
DUBAI—Saudi Aramco posted a record quarterly profit on Sunday, as the oil giant benefits from surging oil prices following Russia’s...
Oil Prices Top $100, Yet Some Big U.S. Frackers Let Their Production Fall
Oil prices are at their highest in years and politicians want companies to pump more. But most large American frackers...
BP Takes $25.5 Billion Hit From Russia Exit
BP BP 0.49% PLC took a $25.5 billion pretax accounting charge related to its decision to exit its Russia holdings,...
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...
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...
