Stanley Reed
Posts
As Interest in Clean Energy Grows, Saudi Arabia Eyes a Future Beyond Oil
The kingdom is trying to juggle its still-vital petroleum industry with alternative energy sources like wind and solar as it faces pressure to lower carbon...
European Oil Giants Consider Shifting Their Listings to the U.S.
TotalEnergies and Shell are contemplating the advantages of listing shares in the United States to strengthen what they say are low market valuations.
ExxonMobil and Chevron Report Lower Earnings
Profits for the two oil giants, which are locked in a standoff over drilling off the coast of Guyana, were squeezed by lower profitability for...
How Oil Markets Are Reacting to Iran’s Attack on Israel
Investors are taking a wait-and-see approach after the much-anticipated aerial assault had little effect on oil supplies.
Why Oil Prices Have Been Rising Recently
The increase this year, prompted by geopolitical worries and supply constraints, has sent gasoline prices higher and could hamper efforts to tame inflation.
Plan to Stash Pollution Beneath the Sea Could Save Money and Jobs
The Italian energy giant Eni sees future profits from collecting carbon dioxide and pumping it into natural gas fields that have been exhausted.
Damage to Cables Under Red Sea Highlights Mideast Conflict’s Broader Threat
What disabled three major cables linking East to West is still not clear. Suspicion has centered on Yemen’s Houthi rebels, who have attacked numerous ships...
Damage to Cables Under Red Sea Highlights Mideast Conflict’s Broader Threat
What disabled three major cables linking East to West is still not clear. Suspicion has centered on Yemen’s Houthi rebels, who have attacked numerous ships...
OPEC to Extend Oil Production Cuts Through June
Saudi Arabia’s announcement appears to be aimed at bolstering oil prices as growth in demand remains modest.
Exxon Raises Questions About Chevron’s $53 Billion Deal for Hess
Exxon may try to upend its rival’s megadeal. The prize is a 30 percent stake in the oil-rich fields off the coast of Guyana.