Browsing: Oil and Gas industry
Goldman Sachs says reaching net zero will cost $75 trillion—more than two times U.S. GDP
Reaching net zero emissions is essential to mitigating the worst effects of climate change, but it will also take a…
Natural gas has never been this upside-down as negative prices get more common in Texas
Sometimes supply and demand get so out of whack that a producer has to pay a consumer instead of the…
Gas prices are headed lower amid weak demand, even during peak driving season, according to Wall Street’s short bets
Hedge funds increased their bearish bets against gasoline prices to the highest in seven years after this year’s summer driving…
Vermont becomes first state to make oil companies pay for climate-change damage after Republican governor doesn’t veto bill
Vermont has become the first state to enact a law requiring fossil fuel companies to pay a share of the…
In a letter Thursday to Attorney General Merrick Garland and other officials, the Democrats said a recent Federal Trade Commission…
Hess Corp. shareholders approved Chevron Corp.’s $53 billion takeover despite reservations among several prominent investors about a dispute with Exxon…
ExxonMobil CEO says Big Oil has done its part—it’s time for civilians generating emissions to pay
As it stands, we’re not on the path to net zero emissions by 2050, ExxonMobil CEO Darren Woods said. And…