Caspian Pipeline Consortium Halts After Drone Attack: A Blow to Global Oil Supply
The Caspian Pipeline Consortium (CPC), a major player in the global oil market, announced a suspension of…
$27 billion fills Shell, BP, TotalEnergies, Eni, Equinor, ExxonMobil, Chevron, and ConocoPhillips’ quarterly profit coffers
Against the backdrop of rising concerns over hydrocarbon production rates, the European and U.S. oil majors – the…
Chevron says it expects upside to current estimated oil resource in Guyana
By Sheila Dang HOUSTON (Reuters) -Chevron said on Wednesday it expects that a prolific oilfield in Guyana could…
Big Oil Earnings Season Marks A Return To Basics With Lower Profits
Oil tanks (Photo: Getty Creatives) getty The ‘Big Oil’ quarterly earnings season ended last week, as one energy…
Kyiv Links Ukrainian Attacks on Russia To Surge in Western Oil Earnings
Ukraine’s defence agencies are claiming that their campaign of strikes on Russian oil infrastructure, combined with Western sanctions,…
Exxon, Chevron Surpass Estimates With Production Increases
(Chevron by David Payl Morris/Bloomberg; Exxon by Andrew Harrer/Bloomberg) October 31, 2025 8:49 AM, EDT [Stay on top…
Why do big oil companies invest in green energy?
Some major oil companies such as Shell and BP that once were touted as leading the way in…
Trump Refilling Strategic Petroleum Reserve – Big Oil Could Benefit
LeeYiuTung / Getty Images The U.S. Strategic Petroleum Reserve (SPR) was created in 1975 by the Energy Policy…
Chevron, Orlen seek to intervene in Plaquemines LNG extension request
Last month, Venture Global Plaquemines LNG requested an approximately fifteen-month extension of time until December 31, 2027, to place all…
Oil price fall turns up the heat on Big Oil’s bloated payouts
By America Hernandez and Stephanie Kelly PARIS/LONDON -The five biggest global oil majors are moving to cut costs,…
Chevron fire could raise California gas prices by up to 20 cents
Massive fire erupts at Chevron refinery near Los Angeles An enormous fire erupted at a Chevron oil refinery…
Supermajors Slim Down to Protect Shareholder Payouts
The world’s biggest international oil and gas firms are accelerating layoffs this year in search of further cost…