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Saudi-Led Oil Cuts Risk Fueling Inflation and Harming Global Economy, IEA Says
Business

Saudi-Led Oil Cuts Risk Fueling Inflation and Harming Global Economy, IEA Says

Markets Commodities Oil Markets The hole in the global oil market between supply and demand is expected to reach 2 million barrels a day, the

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

Occidental Petroleum Plans to Suck Carbon Dioxide From the Air—So It Can Keep Pumping Oil
Business

Occidental Petroleum Plans to Suck Carbon Dioxide From the Air—So It Can Keep Pumping Oil

Petroleum giant says its plan to capture and store carbon dioxide will give it leeway to invest in fossil fuels A direct-air capture facility by

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

Exxon Quits Drilling in Brazil After Failing to Find Oil
Business

Exxon Quits Drilling in Brazil After Failing to Find Oil

WSJ News Exclusive Business Oil giant has spent billions on the offshore campaign and hasn’t ruled out other projects in the country Source link

Saudi Arabia's Oil Production Cuts Reflect Cost of Reshaping Economy
Business

Saudi Arabia's Oil Production Cuts Reflect Cost of Reshaping Economy

Riyadh needs to keep prices high enough to fund grandiose gigaprojects. Source link

Japan Breaks With U.S. Allies, Buys Russian Oil Above Cap
Finances

Japan Breaks With U.S. Allies, Buys Russian Oil Above Cap

Citing energy needs, Tokyo won legal exception to rules binding Group of Seven nations. Source link

ConocoPhillips CEO Doubles Down on Alaska Oil as Competitors Leave Arctic
Business

ConocoPhillips CEO Doubles Down on Alaska Oil as Competitors Leave Arctic

Business Ryan Lance says Alaska, where he began his career, will provide much-needed crude for decades to come Source link