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Texas Sues Shell Over Massive Fire at Houston Chemical Plant
Business

Texas Sues Shell Over Massive Fire at Houston Chemical Plant

State officials allege that the multiday blaze caused ‘mass quantities’ of airborne contaminants and illegal flows of wastewater into waterways. Source link

Carl Icahn Should Be Sailing Into the Sunset. Instead, He’s Scrambling to Save His Empire.
Business

Carl Icahn Should Be Sailing Into the Sunset. Instead, He’s Scrambling to Save His Empire.

Listen to article (2 minutes) In 2020, Carl Icahn tapped his son, Brett, to eventually take over his eponymous investment empire, whose value had surged

Rising Oil Prices Are Bad News for Drivers---and the Fed
Business

Rising Oil Prices Are Bad News for Drivers—and the Fed

America faces a familiar foe in its fight against inflation, with crude prices up more than 18% over the past month. Source link

Big Oil’s Talent Crisis: High Salaries Are No Longer Enough
Business

Big Oil’s Talent Crisis: High Salaries Are No Longer Enough

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BP Profit Declines More Steeply Than Peers'
Business

BP Profit Declines More Steeply Than Peers'

Second-quarter earnings fell almost 70% from a year-ago bonanza. The London-based oil major boosted its dividend and continued to buy back shares. Source link

Exxon and Chevron Stalk More Shale Deals as Profits Dip
Business

Exxon and Chevron Stalk More Shale Deals as Profits Dip

The oil giants together added $14 billion in profits to their cash piles and have signaled they’re not finished shopping for potential acquisitions. Source link

Weaker Energy Prices Temper Shell's Profit, but Not Cash Payouts for Investors
Business

Weaker Energy Prices Temper Shell's Profit, but Not Cash Payouts for Investors

The oil major boosted its dividend and added a $3 billion buyback in its first quarterly results release since its new CEO unveiled a strategic

Russia Defies Sanctions by Selling Oil Above Price Cap
Business

Russia Defies Sanctions by Selling Oil Above Price Cap

Higher prices could bolster Moscow’s oil-export revenues, which last month dropped to just over half their level from a year ago. Source link

America's Rise as Energy Export Powerhouse Hinges on One Town
Business

America's Rise as Energy Export Powerhouse Hinges on One Town

Pipelines to Corpus Christi, Texas, are near capacity as U.S. oil production approaches records. Source link

These Energy Companies Don't Need Sky-High Oil and Gas Prices
Finances

These Energy Companies Don't Need Sky-High Oil and Gas Prices

Oil field service companies shares are beating those of their customers Source link