Oil and Gas
Trump VP prospect Doug Burgum and GOP megadonor Harold Hamm are allies in company and politics
Republican presidential applicant and previous president Donald Trump shakes palms with North Dakota Gov. Doug Burgum and Vivek Ramaswamy, remaining, at a campaign rally at the The Margate Resort in Laconia, NH on Monday, January 22, 2024. Jabin Botsford | The Washington Publish | Getty Photos If former President Donald Trump faucets North Dakota Gov. […]
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Exxon faces opposition from CalPERS following ‘devastating’ anti-ESG activist match
ExxonMobil CEO Darren Woods speaks through the APEC CEO Summit at Moscone West on November 15, 2023 in San Francisco, California. Justin Sullivan | Getty Illustrations or photos Exxon Mobil‘s monthslong battle with two environmentally targeted activist investors has value the company the assist of the California Community Employees’ Retirement Program. CalPERS, a $484 billion […]
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U.S. strength secretary to pay a visit to Saudi Arabia, UAE up coming 7 days, officers say
Vitality Secretary Jennifer Granholm testifies through the Senate Electricity and Natural Resources Committee listening to titled “President’s Funds Request for the U.S. Section of Power for Fiscal Calendar year 2025,” in Dirksen developing on Tuesday, April 16, 2024. Tom Williams | CQ-Roll Call, Inc. | Getty Photos U.S. Electrical power Secretary Jennifer Granholm will go […]
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Oil rates increase immediately after Netanyahu dismisses Hamas stop-fireplace offer as ‘sabotage’
Hundreds of Palestinians, including women of all ages and kids living in east component of Rafah, migrate to the west part of the Khan Yunis with their couple possessions loaded on motor vehicles pursuing the Israel’s announcement on the evacuation of neighborhoods, in Khan Yunis, Gaza on May well 6, 2024. Ashraf Amra | Anadolu […]
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BP misses anticipations as profits slip on weaker oil and fuel selling prices
A BP gasoline station in Madrid, Spain. Sopa Photographs | Lightrocket | Getty Photos BP on Tuesday claimed a fall in very first-quarter financial gain, with success coming in under analyst anticipations amid a “drastically weaker” margin in fuels and decrease gasoline and oil rates. The British strength big logged underlying replacement charge profit, applied […]
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Exxon CEO says dispute with Chevron more than Hess Guyana oil belongings could drag into 2025
Darren Woods, chairman and chief govt officer of Exxon Mobil Corp, speaks for the duration of the 2024 CERAWeek by S&P Worldwide conference in Houston, Texas, US, on Monday, March 18, 2024. F. Carter Smith | Bloomberg | Getty Pictures Exxon CEO Darren Woods said Monday that the dispute with Chevron in excess of Hess […]
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AI could drive a natural gas boom as power companies face surging electricity demand
A chimney from the Linden Cogeneration Plant is seen in Linden New Jersey April 22, 2022. Kena Betancur | View Press | Corbis News | Getty Images Natural gas producers are planning for a significant spike in demand over the next decade, as artificial intelligence drives a surge in electricity consumption that renewables may struggle […]
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Oil huge Shell beats very first-quarter gain estimates, launches $3.5 billion share buyback
The Shell symbol is shown outside the house a petrol station in Radstock on February 17, 2024 in Somerset, England. Matt Cardy | Getty Images News | Getty Images British oil giant Shell on Thursday documented stronger-than-predicted initial-quarter income, boosted by higher refining margins and robust oil trading. Shell described altered earnings of $7.7 billion […]
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Chevron beats earnings estimates but financial gain falls on reduce refining margins and normal gas costs
Gasoline pumps are viewed at a Chevron fuel station in Orlando. Paul Hennessy | SOPA Images | Lightrocket | Getty Illustrations or photos Chevron beat earnings expectations Friday, but its financial gain fell from the year-in the past period of time as its refineries and international fuel organization faced headwinds. Right here is what Chevron […]
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Middle East escalation could trigger strength shock that fuels inflation, World Lender warns
A normal view of Isfahan Refinery, 1 of the major refineries in Iran and is considered as the to start with refinery in the region in phrases of diversity of petroleum products and solutions in Isfahan, Iran on November 08, 2023. Fatemeh Bahrami | Anadolu | Getty Pictures The outbreak of a significant conflict in […]
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