Egypt’s LNG Comeback Is Set to Start in Cyprus
Egypt’s gas sector is running short of domestic gas just as Cyprus prepares to become a producer. The…
Trump Complained About Big Oil Profits, But Dumped Exxon Stock on Ceasefire Day
President Donald Trump’s investment accounts sold between $500,000 and $1 million of ExxonMobil stock on April 7, the…
Big Oil Is Betting Billions On Nuclear Fusion
After decades confined largely to laboratories, nuclear fusion is beginning to attract the kind of money and industrial…
BLM Sets October Oil and Gas Lease Sale for Montana and Dakotas
The federal government is putting another 3,388 acres of public mineral estate on the auction block for oil…
Remains of famed eagle Jackie will go to tribes. Some fans fighting it
When celebrity bald eagle Jackie died this month, Sandra Sehl didn’t know what would happen to her remains.…
Libya Seeks Up to $40 Billion to Boost Oil Output to 2 Million Bpd
Libya needs between $36 billion and $40 billion in foreign investment to expand its oil industry and raise…
Oil Majors Reap $93 Billion Windfall From the Iran War
Oil prices have soared in recent months as a result of the almost complete closure of the Strait…
Big Oil Companies Report Record Profits Amid High Oil Prices
We are still in the early innings of the earnings season, with roughly a third of S&P 500…
BP Weighs North Sea Exit as New CEO Tightens Capital Discipli
BP has started to simplify its portfolio and cut costs, and will make fewer but better choices in…
No, Big Oil Is Not Price Gouging On Gasoline
Sign at the Quick Trip convenience store in Mansfield Texas displaying a $2.98 per gallon price for regular…
U.S. energy secretary says 7 million barrels of oil exiting Gulf daily, but Chevron CEO rebuts claim
U.S. Energy Secretary Chris Wright said nearly 7 million barrels of oil are now exiting the Persian Gulf…
Big Oil Begins Return to Canada amid Energy Crunch
For about ten years, Big Oil moved away from Canada’s oil sands and into cheaper, more easily developed—and…