Earnings show why big oil isn’t eager to go all-in on Venezuela
Exxon Mobil and Chevron posted their lowest annual profits since 2021 in their earnings reports Friday — even…
Exxon and Chevron decline new spending in Venezuela while taking a wait-and-see approach for future
U.S. Big Oil giants Exxon Mobil and Chevron said Jan. 30 they have no plans to increase their…
‘Thug’ Marco Rubio Tells Senate How US Plans to Keep Stealing Venezuelan Oil
In addition to asserting that “there is no war against Venezuela,” despite US forces killing scores of people…
U.S. oil producers ‘slighted’ by Trump’s international focus on crude in Venezuela and Greenland
While President Donald Trump starts his new year opening Venezuela to U.S. oil companies and pining over Greenland’s…
Fight Over Venezuelan Oil Highlights Shadowy International Legal System
The true reasons for the Trump administration’s military intervention in Venezuela might be unknown, but there is little…
Trump urges $100B in oil investments in Venezuela as Exxon says it’s ‘uninvestable’ without reforms
President Donald Trump said American oil companies—as well as some European players—will spend at least $100 billion in…
Oil Executives Non-Committal to Trump’s Venezuela Pitch at the White House
President Donald Trump’s meeting with oil industry executives was high on praise for Trump and his actions in…
The people who defined L.A.’s first year of wildfire recovery
Exactly one year ago, I drove up Pacific Coast Highway just before dawn. Toppled utility poles and downed…
The Chevron fire in El Segundo is an indictment of air quality regulation
More than two months after an explosion erupted at the Chevron oil refinery in El Segundo, neither the…
Everything Trump is doing in Venezuela and South America involves oil—despite what White House says
The U.S. seizure of a massive oil tanker offshore of Venezuela this week represented a brazen escalation of…
Why Big Oil Is Still Gushing Profits Despite Low Oil Prices
Oil markets have been volatile over the past couple of weeks, driven by a series of geopolitical developments…
Oil Majors Brace for Dividend Drought as Sub-$70 Crude Bites
Sub-$70 oil is squeezing margins, forcing Exxon, Chevron, and BP to rethink $100 billion in annual returns. Dividends…