Focus on Oil
Why Greenland? Remote but resource-rich island occupies a key position in a warming world
Locked inside Greenland are valuable critical minerals such as uranium, billions of untapped barrels of oil and a vast supply of natural gas.
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.
Biden team wraps up expanded clean energy credit guidance
Biden finalizes clean energy tax credit guidance, extending IRA benefits to diverse low-carbon power sources amid climate change push.
Trump says he will revoke Biden offshore drilling ban immediately
Donald Trump says he will revoke the offshore oil and gas drilling ban announced by outgoing Democratic President Joe Biden.
Total Energy Services plans $61.9 million in capital spending for 2025
Total Energy to spend $61.9M in 2025 on Canadian rig upgrades, gas compression, and carry forward $16.6M from 2024.
Oil services provider Flowco seeks up to $2 billion valuation in US IPO
Flowco Holdings seeks up to $2B valuation in U.S. IPO, riding capital market rebound and bullish equity trends.
Eyeing green legacy, Biden declares new national monuments
Biden's move will protect Chuckwalla National Monument in southern California from drilling, mining, and solar energy farms.
Global crude exports dip as trade routes reshuffle again
The volume of global crude exports in 2024 declined 2%, the first fall since the COVID-19 pandemic.
