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