Big Oil

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California sues oil giants for downplaying fossil fuel risks and deceiving the public as climate catastrophes mount
Environment

California sues oil giants for downplaying fossil fuel risks and deceiving the public as climate catastrophes mount

By Alicia Diaz and Bloomberg
September 16, 2023
Saudi Arabia is squeezing the oil market just as consumption surges: ‘The Fed may have to react’
Finance

Saudi Arabia is squeezing the oil market just as consumption surges: ‘The Fed may have to react’

By Grant Smith, Sarah Chen, Alex Longley, Devika Krishna Kumar and Bloomberg
September 9, 2023
Biden administration has canceled the 7 remaining oil and gas leases Trump gave in Alaska’s Arctic Refuge
Politics

Biden administration has canceled the 7 remaining oil and gas leases Trump gave in Alaska’s Arctic Refuge

By Becky Bohrer, Matthew Daly and The Associated Press
September 7, 2023
An employee manufactures copper wires at a factory in Huai’an, Jiangsu Province, China, June 2023.

Oil’s historic price surge in 2008 will look like ‘child’s play’ compared with the expected copper boom by 2025, Citi says

By
August 28, 2023
Big Oil’s falling profits push BP to hike dividends and buy back $1.5 billion more stock to keep shareholders happy
Finance

Big Oil’s falling profits push BP to hike dividends and buy back $1.5 billion more stock to keep shareholders happy

By Laura Hurst and Bloomberg
August 1, 2023
Saudi Arabia has the most profitable company in the history of the world, with $3.2 trillion to invest by 2030. Who will say no to that tidal wave of cash?
Magazine

Saudi Arabia has the most profitable company in the history of the world, with $3.2 trillion to invest by 2030. Who will say no to that tidal wave of cash?

By
August 1, 2023
A truck driver stands by the gas container of his truck at a Shell gas station

Oil companies that made a killing last year after energy prices surged are now facing a reckoning. Some have taken more than a 50% hit

By
July 27, 2023
Oil surge to $80 suggests ‘stars are aligning’ for crude price rally that would endanger global economy
Finance

Oil surge to $80 suggests ‘stars are aligning’ for crude price rally that would endanger global economy

By Grant Smith and Bloomberg
July 16, 2023
Higher gas prices could soon hit U.S. drivers as Saudi Arabia doubles down on oil production cuts
Finance

Higher gas prices could soon hit U.S. drivers as Saudi Arabia doubles down on oil production cuts

By Grant Smith, Fiona MacDonald, Nayla Razzouk, Ben Bartenstein and Bloomberg
June 4, 2023
Rising sea levels
Environment

The Supreme Court just gave a massive boost to the dozens of cities suing Big Oil over rising sea levels, 2 law professors say

By Patrick Parenteau, John Dernbach and The Conversation
May 23, 2023
California is taking a historic vote on whether to punish oil companies for price gouging at gas stations
Finance

California is taking a historic vote on whether to punish oil companies for price gouging at gas stations

By Adam Beam and The Associated Press
March 23, 2023
Former Citgo exec held for 5 years in Venezuela sues oil firm for $100m for allegedly conspiring in his detention
Finance

Former Citgo exec held for 5 years in Venezuela sues oil firm for $100m for allegedly conspiring in his detention

By Juan Lozano and The Associated Press
March 23, 2023
Gavin Newsom
Environment

Gavin Newsom really wants to hit oil companies with a penalty for price gouging

By Adam Beam and The Associated Press
March 16, 2023
Exxon Mobil is plowing into energy trading and has everything it needs—except the right culture
Finance

Exxon Mobil is plowing into energy trading and has everything it needs—except the right culture

By Devika Krishna Kumar, Kevin Crowley and Bloomberg
February 11, 2023
Bernard Looney, chief executive officer of BP
Features

BP vowed to help set the oil and gas industry on a greener path. Many who bought in now feel betrayed

By
February 7, 2023

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