Hints and tips:
...Big Oil used an industry conference this week to argue against a rapid transition to green energy, as fossil fuel companies are emboldened by high demand and record profits despite rising alarm over climate...
...Two years ago, he described the energy business as one of the company’s “four giants”....
...Despite Exxon’s history of doing business in Equatorial Guinea for almost three decades, the company decided to cut its losses altogether after a safety incident in 2022 decimated its output....
...As a result of higher prices, 2022 was the most profitable year on record for publicly traded US oil companies....
...Climate campaigners rejoiced last week when US President Joe Biden froze approvals for new liquefied natural gas terminals that export the fuel....
...Over the past two years investors have rewarded Chevron’s decision to stick with its core fossil fuel business, rather than follow European rivals BP and Shell in investing heavily in technologies such as...
...Hello from Houston. Big Oil kicked off earnings season today. Shell was the first supermajor out of the gates reporting their full-year earnings....
...European parliament lawmakers have also demanded action against the company, and condemned a 2022 decision to purchase Nuctech scanners by Strasbourg airport — the terminal many of them use to get to their...
...He said the BNA was doing “a lot of detective work” to establish which companies should be prioritised in any rationing....
...in North America’s fuels sector....
...The Canadian energy company that tried and failed to build the controversial Keystone XL pipeline is spinning off its oil transportation business to focus on shipping natural gas....
...Some of that oil ended up in the UAE, ship-tracking data shows, landing at storage terminals in places such as Fujairah....
...ExxonMobil raked in a record profit of $55.7bn last year, underscoring the windfall for Big Oil after Russia’s invasion of Ukraine despite a fourth-quarter slowdown as fossil fuel prices retreated from recent...
...Our goal is to be kind of the midstream, downstream oil and gas company, in a sense....
...The explosion at Freeport LNG knocked out a centrepiece of the US gas export industry just as the world was looking for more fuel as the war in Ukraine squeezed supplies from Russia....
...was “doing it all”....
...And so for a company like BP, you know, that has meant in the short run, there’s a lot more focus on producing fossil fuels than investing in clean energy, which it is still doing....
...As far as the executives gathered in downtown Houston were concerned, there is only one contender....
...Occidental tied off US earnings season yesterday as the last big name in oil to report....
...Darren Woods, Exxon’s chief executive, last week defended the company’s heavy spending on dividends at a time of high fuel prices for consumers....
...in west Texas and New Mexico and record-high fuel production from its North American oil refineries....
...“We appreciate that the [Joe] Biden administration has been working with European allies to expand fuel exports to Europe....
...The group says the city should focus on technologies such as carbon capture and storage, hydrogen and renewable fuels, where its roots in the oil and gas business give it an advantage....
...As they reminisced about their glory days some four decades ago, a rumour was also doing the rounds: their old firm, First Boston, was soon to be resurrected....
...Hundreds of oil companies in Texas and across the US went out of business, and it was a close-run thing for many more....
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