Sabrina Valle
ConocoPhillips misses Q1 profit estimates
Milder-than-expected winter that hurt demand for fuel sees ConocoPhillips Q1 profits falling below expectations.
Oil giant Chevron reports Q1 profit beat
Chevron, the second largest U.S. oil producer, posted a profit of $5.5 billion in the quarter ended on March 31
Exxon misses on Q1 profit despite big gains in Guyana
Exxon Mobil Corp missed estimates with a 28% year-on-year drop in first quarter profits, as weaker refining margins offset volume gains
New tech helps US shale oil industry start to rebuild well productivity
Simul-fracking and electric pumps allow faster, cheaper and higher-yielding oil extraction as industry faces fall in Texas production.
Chevron CEO’s pay rose 12% to $26.5 million in 2023, workers lag
U.S. oil major Chevron’s CEO Michael Wirth was paid $26.5 million in 2023, a 12.2% boost from the prior year and above the...
US climate law has boosted solar and batteries, while other initiatives lag
By Sabrina Valle HOUSTON (Reuters) – The U.S. has doubled the pace of cutting carbon emissions since President Joe Biden’s Inflation Reduction Act...
