Money

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 [...]

Some climate change activists behave in ways that could reduce public support for renewable energy and other policies.

In a remarkable lawsuit filed on Memorial Day, West Virginia Gov. Jim Justice — the former coal-mining billionaire — has accused his family’s longtime lender Carter Bank & Trust of [...]

Before pushing the oil industry to prepare for a transition from oil production, investors should practice a bit more due diligence.

Despite the uptick, producers are still filling about 5 million fewer barrels of oil each day than before the pandemic.

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.

If you pay hackers ransom to keep your business operating, is it tax deductible? For businesses, paying ransom is likely to be a business expense. In fact, many taxpayers try to find a business [...]

The IEA NetZero2050 report suggests ending new oil and gas investment. Such is extremely unlikely.

U.S. fuel prices are at their highest levels in nearly seven years.