The upcoming earnings reports for big oil and energy companies will tell a story of two different worlds. On the one hand, we will likely see lower profits from simply drilling for oil and gas (or the ...

OPEC+ oil producers are set to approve another big output boost for September as they complete both the unwinding of ...

Several major oil-producing countries—including the UAE, Iraq, Saudi Arabia, Brazil, and Guyana—are expanding production ...

Shell and Exxon warned of weaker Q2 earnings due to lower oil and gas prices, with Exxon expecting a $1.5 billion hit.

The U.S. is set to place hefty tariffs on several big energy producers—Algeria, Brazil, Iraq and Libya. So why do oil traders ...

President Trump's One Big Beautiful Bill includes several provisions expanding federal subsidies and tax benefits for the oil ...

Oil rose 1% on Monday as signs of strong demand outweighed the impact of OPEC+ hiking output more than expected for August, ...

The administration is targeting key EU greenhouse-gas regulations in trade negotiations with Europe.

And Big Oil’s lobbying expenditures were quite a bargain. For every $1 the big five spent on lobbying in D.C. last year, they effectively received $30 in subsidies disguised as tax breaks.

Well, also on a run, Big Oil is making big money again. Companies like Exxon and Shell have just reported their first profits for 2021, and it's like the pandemic is already a distant memory.

Big Oil used last year’s unexpected windfall from surging energy prices to shower investors with rewards and pay down debt. As the cash continues to flow in 2023, the question is whether they ...