Markets

It’s fun buying distressed assets, when you believe, like Goff does, in the long-term staying power of petroleum. “We have a clear shot at doubling the size of the combined company again, in a [...]

In a historic rebuke of CEO Darren Woods’ lackluster attempts to ameliorate ExxonMobil’s vast carbon footprint, shareholders at the company’s annual meeting yesterday voted to replace two of [...]

Energy tycoon Dennis Uy’s Udenna Corp. has gained a controlling interest in the Malampaya gas field following the acquisition of Shell Petroleum NV’s 45% stake for up to $460 million.

Tesla’s stock is down 15% so far this week, lowering the fortune of its billionaire cofounder.

The FBI in a statement confirmed that the attacker was a group of so-called professional hackers called Darkside.

One of America’s energy jugulars, the 5,500-mile, 100 million gallon-per day Colonial pipeline network, was shut down Friday night because of what the company refers to as a “cybersecurity attack.”

Joe Greenberg launched Alta with backing from the family of fracking pioneer George Mitchell.

Based on the value of the Tesla options Elon Musk was awarded last year, his CEO compensation was in the billions of dollars—far more than every other company's leader.

The engineer who helped Elon Musk turn Tesla into a powerhouse sees a future “where every vehicle is electric” – and the unfathomably profitable market in recycling the valuable metal from all [...]

Warren Buffett and Charlie Munger revealed over the weekend that Greg Abel, the CEO of Berkshire Hathaway’s vast electric power generation business would be taking over from them some day.