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Exxon is working on tech to remove CO2 from atmosphere but a breakthrough is needed to slash costs
Exxon CEO Darren Woods said the technology is currently unaffordable with CO2 removal costing between $600 to $1,000 per ton.
Chevron beats earnings estimates but profit falls on lower refining margins and natural gas prices
Chevron produced 1.57 million barrels of oil equivalent daily in the U.S. for the quarter, an increase of 35% over
Exxon stock falls as earnings miss on lower natural gas prices and squeezed refining margins
Exxon Mobil first-quarter earnings missed expectations as the industry came under pressure from eroding refining margins and collapsing natural gas
Middle East escalation could trigger oil price shock that fuels inflation, World Bank warns
Oil prices could rise to $102 per barrel if a major conflict in the Middle East breaks out involving one
Oil prices pull back as U.S. economic growth disappoints
Gross domestic product was much softer than expected in the first quarter, which could weigh on crude oil demand.
Solar manufacturers petition U.S. to impose tariffs on imports from four Southeast Asian nations
First Solar and six other manufacturers allege that companies in Cambodia, Malaysia, Thailand and Vietnam are dumping solar cells on