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Biden tells oil companies in letter ‘well above normal’ refinery profit margins are ‘not acceptable’
President Joe Biden on Wednesday called on U.S. oil refining companies to produce more, saying they need to help alleviate…
Read More » - Europe
An energy transition loophole is allowing Big Oil to offload high-polluting assets to private buyers
An oil flare burns at Repsol’s oil refining complex in Cartagena, Spain. Repsol was one of the top sellers of…
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Oil giant Aramco reports record first quarter as oil prices soar
Saudi Aramco logo is pictured at the oil facility in Abqaiq, Saudi Arabia October 12, 2019. Maxim Shemetov | Reuters…
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Big Oil braces for shareholder revolt over climate plans in proxy voting season
Members of the environmental group Just Stop Oil blockade a BP petrol station in London on April 28, 2022. The…
Read More » - Finance
Stocks making the biggest moves in the premarket: Palantir, Rivian, Uber and more
Take a look at some of the biggest movers in the premarket: Palantir Technologies (PLTR) – The data analytics software…
Read More » - Entrepreneurs
Stocks making the biggest moves midday: Palantir, Rivian, Uber and more
Peter Thiel, co-founder and chairman of Palantir Technologies Inc., pauses during a news conference in Tokyo, Japan, on Monday, Nov.…
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Oil giant Shell reports soaring first-quarter profits, raises dividend
Shell’s results follow bumper profits from across the oil and gas industry. Ben Stansall | Afp | Getty Images LONDON…
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Putin’s invasion of Ukraine will knock 30 years of progress off the Russian economy
Russia’s Prime Minister Vladimir Putin addresses a rally at the Manezhnaya Square just outside the Kremlin in Moscow, late on…
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The SWIFT sanctions against Russia: How they work, and what’s the impact going to be
The United States and the European Union moved quickly to impose economic sanctions against Russia and selected state-owned financial institutions…
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A Russian oil and gas embargo is on the cards. And analysts warn it will have huge consequences
A Surgutneftegas worker near pumpjacks in Surgut Region of the Khanty-Mansi Autonomous Area – Yugra, in the West Siberian petroleum…
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