April 28, 2023
Via: The Wall Street JournalExxon Mobil Corp. and Chevron Corp. CVX collectively posted $18 billion in first-quarter profits, showing resilience even as oil and natural-gas prices declined. The Western world’s largest oil companies rocketed to record earnings last year as energy prices soared following […]
March 12, 2023
Via: The Wall Street JournalEnergy prices are roiling the global economy for the second time in a year. This time, it’s good news. Plunging oil and natural-gas prices are pumping up economic growth, putting money into consumers’ pockets, boosting confidence and easing pressures on […]
October 6, 2022
Via: The Wall Street JournalShell SHEL -4.52%▼ PLC said it expects its third-quarter earnings to be hit by lower refining margins along with “significantly lower” profit from trading gas, as a global scramble for energy supplies riles markets. The London-based company said Thursday in […]
November 3, 2020
Via: The Wall Street JournalA split reality is emerging for U.S. shale drillers: Those that primarily pump oil are still struggling to survive, while those that produce natural gas are slowly seeing signs of recovery. Oil-focused fracking companies are under extreme financial strain, as […]
July 9, 2024
June 25, 2024
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