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,…
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…
Standard Chartered: U.S. Oil Output To Peak in 2026
U.S. oil and gas giant, Exxon Mobil (NYSE:XOM), has predicted that we will fall far short of the…
Is Putin playing Trump or is Trump playing us?
With this week’s Russian missile and drone onslaught across Ukraine, which included the largest bombardment of Kyiv since…
U.S. shale oil boom transforms from money treadmill into cash cow, Chevron president says
For years Big Oil producers chased U.S. shale profits with big spending hikes while seeking something even more…
Russia Offers ExxonMobil Path Back to Sakhalin-1 Under New Terms – News and Statistics
Aug 19, 2025 On August 15, 2025, President Vladimir Putin signed an amendment to a 2022 decree concerning…
Exxon Will Benefit Most from South America’s Newest Petrostate
The South American country of Guyana has recently emerged as a world-recognized oil-producing nation. This occurred due to…
ExxonMobil Raises Guyana Oil Capacity To 900,000 Barrels Per Day
Photo of the ONE GUYANA FPSO in use at the Yellowtail deepwater field by ExxonMobil and its Consortium…
Forced frenemies, Exxon and Chevron take diverging paths as leaders of the booming Permian
The top Big Oil giants in the Western Hemisphere, Exxon Mobil and Chevron also are the top producers…
U.S. Majors Cash In as Permian Dominance Widens the Oil Gap
Upstream oil and gas—industry-speak for the exploration and production end of the business—has always been a game of…
Big Oil’s Power Couple Heads to Guyana
Following the completion of Chevron’s acquisition of Hess Corporation, the U.S. supermajor will need to overcome a previously…
Justice Department Urges Dismissal Of Maryland Climate Lawsuits
Pam Bondi, US attorney general, center, and Todd Blanche, US deputy attorney general, during a news … More…