If war in Iraq was largely over oil, as former Federal Reserve chairman Alan Greenspan essentially admitted, Western oil companies might have done better had they convinced the Bush Administration not to do them any favors. Read More
Exxon Mobil, British Petroleum, Royal Dutch Shell and Total are reportedly near a deal with the Iraqi Oil Ministry that will grant the oil giants "no-bid" contracts for access to the country’s oil fields. This will mark the first time these firms have had commercial access to Iraq since the U.S. invasion in 2003. Read More
But for its renewables commitment BP really deserves due credit, as does its earnest engagement in shaping what they acknowledge is a ‘carbon-constrained world.’ That's a phrase this reporter first heard more than three years ago from Jim Rogers... Read More
There is a notable omission, one that exposes a fundamental contradiction, not just in this well-meaning company, but in across the energy sector, struggling to adjust to a carbon-constrained world. Read More
The world's biggest oil companies depend on Nordic American to lug their product across the globe. With the price per barrel at all-time highs, it's a good business to be in. Read More
What's wrong with this picture? Crude oil is on a tear, but ExxonMobil shares have barely budged in NINE months. Can tomorrow's earnings knock the oil giant out of its trading range? Read More