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Sheila Dang

FILE PHOTO: Chevron logo and stock graph are seen through magnifier displayed in this illustration taken September 4, 2022. REUTERS/Dado Ruvic/Illustration/File Photo
BusinessFinanceFuelNewsOil

Chevron misses earnings estimate as refining posts first loss in four years

The second-largest U.S. oil producer posted total earnings of $3.24 billion for the three months ended Dec. 31.

FILE PHOTO: A polar bear sow and two cubs are seen on the Beaufort Sea coast within the 1002 Area of the Arctic National Wildlife Refuge in this undated handout photo provided by the U.S. Fish and Wildlife Service Alaska Image Library on December 21, 2005.  U.S. Fish and Wildlife Service/Handout via REUTERS/File Photo
BusinessEconomyNewsOil

Oil industry unlikely to rush to Alaska despite Trump’s call to drill

By Sheila Dang and Valerie Volcovici HOUSTON/WASHINGTON (Reuters) – U.S. oil and gas companies are unlikely to expand development in Alaska and the...

A view of an oil pump jack on the prairies near Claresholm, Alberta, Canada January 18, 2025.  REUTERS/Todd Korol
AnalysisOilPolitics

Trump’s climate withdrawal creates rare discord with Big Oil

U.S. oil and gas producers welcome Trump's push for domestic energy but fear exiting climate deals could hurt global clean energy investments.

FILE PHOTO: Vehicles pass in front of an Exxon service station in Bethesda, Maryland, U.S., November 25, 2024. Picture taken with long exposure. REUTERS/Raphael Satter/File Photo
BusinessEconomyNewsOil

Exxon Mobil signals oil refining results to hurt Q4 profits

Exxon Mobil projects a $1.6B Q4 earnings drop amid weaker oil prices and refining results, anticipating $600M in impairments.

FILE PHOTO: CEO of Hess Corporation, John B. Hess speaks during the Energy Asia conference in Kuala Lumpur, Malaysia June 26, 2023. REUTERS/Hasnoor Hussain/File Photo
BusinessEconomyNewsOilTrade

Hess CEO upbeat on oil demand, says Guyana’s potential barely scratched

Hess CEO John Hess sees a nearly balanced oil market with strong shale and Guyana prospects, yet warns of potential volatility ahead.

FILE PHOTO: An Exxon gas station seen in Washington, U.S., November 26, 2024. REUTERS/Nathan Howard/File Photo
BusinessClimateCourtsEmissionsEnvironmentNewsOilPoliticsRegulations

Exxon Mobil sues California attorney general, environmental groups

The lawsuit filed in the federal court in Beaumont, Texas includes a cause of action sounding in libel or slander, court records show.

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