Oil giant Equinor backs crisis-stricken Orsted as Trump lashes out at offshore wind
Picture taken on September 4, 2023 shows windmills at the Nysted Offshore Wind Farm constructed by Danish windpower giant Orsted...
Oil and Gas
Cenovus to acquire MEG Energy in C$7.9 billion deal in oil sands expansion
Roughnecks build a drilling rig in an oil field at the MEG Energy site near Fort McMurray, Alberta, Canada.Michael S....
Trump advisor Peter Navarro slams India’s ‘opportunistic’ purchases of Russian crude
A train transports oil tankers in Ajmer on July 7, 2025. Indian exporters are scrambling for options as they seek...
Russia's economy 'stinks,' Trump says, and lower oil prices will stop its war machine
(COMBO) This combination of pictures created on February 21, 2020 shows US President Donald Trump delivers remarks at a Keep...
Russia weighs into U.S.-India tariff spat, saying New Delhi can choose its own trade partners
Russia's President Vladimir Putin bids farewell to India's Prime Minister Narendra Modi following their meeting at the Kremlin in Moscow,...
Oil major BP posts second-quarter profit beat despite annual drop
Trowbridge in Somerset, England, on March 15, 2025.Anna Barclay | Getty Images News | Getty ImagesBritain's BP on Tuesday posted...
Oil slips after OPEC+ agrees to another big output hike in September
Vadimrysev | Istock | Getty ImagesOil prices slipped in early Asian trade on Monday after OPEC+ agreed to another large...
Chevron profit hit by low crude oil prices and loss from Hess acquisition
Chevron on Friday reported second-quarter earnings that took a substantial hit due to low oil prices and a loss on...
EU lowers price cap for Russian crude under new sanctions package
Aerial view of a ship at sea.Suriyapong Thongsawang | Moment | Getty ImagesThe European Union has reached an agreement on...
OPEC+ members agree larger-than-expected oil production hike in August
The OPEC logo is displayed on a mobile phone screen in front of a computer screen displaying OPEC icons in...
The Democrat, the Fracking Executive and the Deal They Struck. Can It Work?
Jan. 12, 2024 10:00 am ETAn unusual agreement between Pennsylvania Gov. Josh Shapiro and a natural-gas driller could serve as...
America’s Gas Bonanza Brings Biden New Political Dilemmas
The U.S. has become the world’s top exporter of liquefied natural gas. President Biden is finding that this superpower status...
Chesapeake Energy, Southwestern Energy Sign Merger Agreement
Chesapeake Energy and Southwestern Energy have agreed to merge in an all stock-transaction valued at $7.4 billion that is aimed...
Exxon Mobil Expects Up to $2.6 Billion in Upstream Impairments
Exxon Mobil is expecting up to $2.6 billion in impairments in the fourth quarter for its upstream business, mostly related...
Occidental to Buy CrownRock for $12 Billion as Oil Patch Consolidates
Updated Dec. 11, 2023 8:13 am ETOccidental Petroleum announced a $12 billion agreement Monday to buy West Texas producer CrownRock...
The Next Chips to Transform EVs Could Be Made From Wood
Listen to article(2 minutes)ADELAIDE, Australia—Ivan Williams reckons he can help to break China’s dominance of a key ingredient of electric-vehicle...
FTC Investigates Exxon’s $60 Billion Deal for Pioneer
Updated Dec. 5, 2023 5:25 pm ETU.S. antitrust enforcers are investigating Exxon Mobil’s plan to acquire Pioneer Natural Resources, which...
Exxon Makes Lithium Play in Long-Term Bet on EV Demand
Updated Nov. 13, 2023 10:02 am ETExxon Mobil said Monday it is starting to drill for lithium in Arkansas and...
An American Family Oil Dynasty Ends as Hess Sells
Listen to article(2 minutes)One of the first things you notice when entering the Hess Tower in downtown Houston is the...
Exxon, Chevron Invest in the West as Global Conflicts Increase
Updated Oct. 25, 2023 12:01 am ETListen to article(2 minutes)As the world becomes more dangerous, the two largest Western crude...
