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U.S. Oil Boom Blunts OPEC's Pricing Power
Business

U.S. Oil Boom Blunts OPEC's Pricing Power

U.S. petroleum production is on pace for a record-breaking year, helping to keep energy prices stable despite the efforts of Saudi Arabia and other major

U.S. Oil Boom Blunts OPEC's Pricing Power
Finances

U.S. Oil Boom Blunts OPEC's Pricing Power

U.S. petroleum production is on pace for a record-breaking year, helping to keep energy prices stable despite the efforts of Saudi Arabia and other major

Saudi Arabia Transfers Nearly $78 Billion of Aramco Shares to Wealth Fund
Finances

Saudi Arabia Transfers Nearly $78 Billion of Aramco Shares to Wealth Fund

The second such transfer comes amid high oil prices and as the kingdom seeks to diversify its economy away from oil. Source link

Freeport-McMoRan (FCX) Declares $0.08 Dividend
Stock Market

Star Gas Partners (SGU) Declares $0.16 Dividend

Star Gas Partners said on April 13, 2023 that its board of directors declared a regular quarterly dividend of $0.16 per share ($0.65 annualized). Previously,

Fossil-Fuel Veterans Find Next Act With Green Hydrogen
Business

Fossil-Fuel Veterans Find Next Act With Green Hydrogen

Executives see similarities between the nascent industry and the early days of liquefied natural gas. Source link

Exxon CEO's Pay Jumps 52% Amid Rising Oil Prices, Record Profit
Business

Exxon CEO's Pay Jumps 52% Amid Rising Oil Prices, Record Profit

Darren Woods’s total compensation includes stock awards of $24.9 million and a nearly $6.4 million bonus. Source link

Exxon Deal Hunt Signals Possible Shale M&A Wave
Business

Exxon Deal Hunt Signals Possible Shale M&A Wave

A transaction involving Pioneer Natural Resources would indicate that drillers are looking to put their large war chests of cash to work. Source link

ExxonMobil: Eyes on the Permian Prize
Finances

ExxonMobil: Eyes on the Permian Prize

ExxonMobil was once known for exploring for oil in all sorts of exotic places, but right now its own back yard is looking like the

Exxon Mobil Eyes Potential Megadeal With Shale Driller Pioneer
Business

Exxon Mobil Eyes Potential Megadeal With Shale Driller Pioneer

WSJ News Exclusive Business Oil-and-gas giant has held informal, early-stage talks to buy the $49 billion-market cap Pioneer Natural Resources Source link

Exxon Mobil, Johnson & Johnson, Alphabet: Stocks That Defined the Week
Finances

Exxon Mobil, Johnson & Johnson, Alphabet: Stocks That Defined the Week

Markets Stocks Here are seven major companies whose stocks moved on the week’s news Source link