Exxon Mobil Plans to Produce Lithium in Arkansas
The move is the oil giant’s first foray in the production of a metal vital for electric vehicle batteries.
Chasing Big Mergers, Oil Executives Dismiss Peak Oil Concerns
Exxon Mobil and Chevron are spending tens of billions of dollars buying oil and gas assets, betting that the International Energy Agency’s predictions of declining oil demand are wrong.
Exxon and Chevron Report More Modest Profits as Oil Prices Ease
The oil industry enjoyed record profits in 2022 after Russia invaded Ukraine, but the prices of oil and natural gas have fallen sharply in recent months.
Why Are Oil Prices So High and Will They Stay That Way?
Geopolitical tensions and a growing disparity between supply and demand have driven up prices. Here is what that means and what could happen next.
After a Bruising Year, the Oil Industry Confronts a Diminished Future
Big oil companies lost billions in 2020 because of the pandemic and face broad questions about how they will adapt to climate change and regulations.
Oil Refineries See Profit in Turning Kitchen Grease Into Diesel
Struggling energy companies are increasing the production of renewable diesel, which can reduce greenhouse gas emissions.