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. Read More

Russia saw its oil revenue double in April despite Western sanctions

The Kremlin's government budget, fueled by energy-related taxes, surged to $11.5 billion, marking a 111.9% leap from April 2023. Read More

Oil giant Shell beats first-quarter profit estimates despite weaker gas prices

British oil giant Shell on Thursday reported stronger-than-expected first-quarter profit, despite a sharp downturn in natural gas prices in Europe. Read More

Russia’s Budget Is Getting Twice as Much Oil Money as a Year Ago

Russia’s oil revenue more than doubled in April from a year earlier, despite international sanctions intended to limit the flow of money to fuel President Vladimir Putin’s war in Ukraine. Read More

Oil companies must set aside more money to plug wells, a new rule says. But it won’t be enough.

Money previously set aside to clean up wells on federal land would have covered the cost of fewer than 1 out of 100, according to the government’s own estimates, and the vast majority of the country’s ... Read More

Oil Giants Seek Stakes in the UAE’s New LNG Export Project

Large international oil and gas companies ... are in discussions to buy stakes in the new LNG export project of the United Arab Emirates (UAE), anonymous sources familiar with the talks told ... Read More

What a years-long probe of Big Oil reveals about its climate strategy

Some of the world’s largest oil companies have privately expressed skepticism of the Paris agreement, federal climate regulations and their own goals of reaching “net zero” emissions by mid ... Read More

US Energy Stocks Fall Following Oil Giants' Subdued Earnings Reports

The oil giant posted an earnings ... compared to the projected $2.99. Revenue saw a slight beat at $48.7 billion versus $48.4 billion. Chevron’s upstream business exceeded forecasts, posting ... Read More

First Nation Takes Fight With Oil-Sands Giant to Shareholders

An indigenous community in Alberta’s oil-sands region submitted a proposal to Imperial Oil Ltd. shareholders that would require the company to disclose the financial effect of the energy transition. Read More

Denver Oil & gas News

The Sullivan Group, one of Colorado’s leading fee developers, is transitioning to new leadership… Parker, Colorado — After over five decades of dedicated service in the construction industry ... Read More

Saudi Arabia's oil giant boss speaks up for China, saying its massive production of solar panels and EVs helps affordability

Saudi Arabia is fostering closer ties with China and wooing Chinese investments and business partnerships. China's green industries have an unlikely ally in Saudi Aramco — the world's largest oil ... Read More

Karoon Energy: Oil And Gas Junior With Free Cash And Strong Exploration Upside

Invest in Karoon Energy for growth and value opportunity in the oil and gas sector. See why we recommend a buy rating for KRNGF stock. Read More