Exxon’s Investments Are Paying Off. Expect Big Dividends, Buybacks.

Text size Exxon has been investing in its refining business while others in the industry have been holding back. Eric Thayer/Getty Images Exxon Mobil has zigged where other giant energy companies have...

These Oil and Gas Companies Could Benefit From the Push Toward Sustainable Energy

The European Union’s push to wean itself off Russian gas and oil will hasten the transition to alternative energy. Energy companies such as BP and Shell stand to benefit. Here, Germany’s PCK oil refin...

How Oil And Gas Is Being Affected By Climate Change – Response To A Presentation In Mid-America.

A pumpjack siphons oil in the foreground of a wind farm near Sweetwater, Texas. Corbis via Getty Images Independence, Kansas, is a small conservative town in the heart of the USA. The area produced oi...

BP Chooses Tritium For Next Move Toward Global EV Charging Expansion

bp Pulse electric vehicle recharging station. bp Pulse Fueling its plan to widely expand its electric vehicle recharging network, U.K.-based oil giant bp has entered a multi-year agreement with Tritiu...

Here’s How Much Major Energy Companies Are Losing By Exiting Russia

Topline Major oil and gas companies, which scrambled to abandon operations in Russia following the invasion of Ukraine in late February, are now warning that doing so will result in billions of dollar...

Elon Musk Is Already Dropping Hints on His Plans for Twitter. So Much for ‘Passive.’

The world’s richest person may have taken a ‘passive’ stake in Twitter , but he is clearly intent on playing an active role in pushing for change on the platform itself. There is a chance the stake wi...

Morgan Stanley upgrades BP and downgrades Eni

Morgan Stanley lifted its rating on BP BP, -0.07% BP, +0.34% to overweight from equal weight, while it downgraded Italy’s Eni ENI, +0.70% back to equal weight from overweight. BP was previously ...

Russian Prosecutors Warn Western Companies of Arrests, Asset Seizures

Russian prosecutors have issued warnings to Western companies in Russia, threatening to arrest corporate leaders there who criticize the government or to seize assets of companies that withdraw from t...

Western Oil Companies, Facing New Demands, Find It Easier To Exit Russia

Loren Steffy, UH Energy Scholar NOVOKUIBYSHEVSK, RUSSIA – MARCH 15: A general view of the Novokuibyshev Refinery owned by Rosneft … [+] oil company on March 15, 2012 in Novokuibyshevsk, Sa...

Will Attempts To ‘Self-Sanction’ Russia Be Enough To Tame Putin Without Oil-Mageddon?

Kremlin handout photo of Putin, March 3, 2022. Anadolu Agency via Getty Images It’s shocking to see western oil giants abandon tens of billions of dollars of investment in Russia — stakes in projects ...

As BP Exits Russia, Other Oil Companies Face Risks Too

Text size Shell has a big stake in a Russian liquefied natural gas project. Jeff J Mitchell/Getty Images Oil companies haven’t been this financially strong in decades. They also haven’t been as politi...

Stock Market Today: Dow Tumbles With Ukraine in Focus, Oil Surges, Gold Pops

Stocks tumbled into the start of a new trading week, as the invasion of Ukraine and a wave of new sanctions on Russia weighed on investor sentiment. Futures for the Dow Jones Industrial Average fell 4...

BP to Exit 20% Stake in Russia’s Rosneft

Russia’s aggressions in Ukraine prompted reactions from companies such as BP and United Parcel Service as well as Norway’s sovereign wealth fund as the world continues to raise pressure on President V...

BP Drops Nearly 20% Stake In Russian-Owned Oil Firm After Invasion Of Ukraine

Topline Following pressure from the British government, British Petroleum announced Sunday it would be exiting its 19.75% ownership of Rosneft, a Russian state-owned oil firm that supplies Russia with...

Oil Is Surging. Why Oil Stocks Are Down.

Text size Oil prices are higher, but concerns about economic growth are weighing on oil stocks. Mario Tama/Getty Images Oil prices soared on Thursday after Russia invaded Ukraine. But oil stocks were ...

7 Energy Stocks That Shorts Are Betting Against

Text size Workers at a CNX Resources site in Pennsylvania in September. Justin Merriman/Bloomberg Short selling most energy stocks has been a losing bet for the past year and a half. Even companies th...

BP Posts Bumper Profit and New Round of Buybacks

Text size BP Exploration Alaska headquarters Getty Images Surging oil and gas prices last year helped BP post its highest profit since 2012, allowing the company to reduce debt and announce more share...

Exxon Could Go Even Bigger on Its Dividend

Text size David Paul Morris/Bloomberg Oil companies used to compete on how much crude they could produce. Now they’re competing on how much cash they can send back to investors. That dynamic could pay...