Tag: Oil Companies

Energy, Industry Focus Areas

Dems Accuse Oil Execs of Profiteering as War Strains Supplies

April 6, 2022

Via: Transport Topics

Congressional Democrats excoriated executives from some of the world’s biggest oil companies on April 6, accusing them of exploiting the war in Ukraine and a surge in crude prices to secure windfall profits at the expense of American motorists. Oil […]

Energy, Industry Focus Areas

Oil Companies Endure Brutal 2020, Warn of Slow 2021 Recovery

February 2, 2021

Via: The Wall Street Journal

The big international oil companies are reporting one of their worst annual performances in decades and signaling that the pandemic could continue to challenge their businesses in 2021. Exxon Mobil Corp. and BP PLC on Tuesday disclosed annual losses of […]