Big Oil companies

Energy sector volatility has rattled financial markets. After quarters of neglect, oil hit the headlines with war, supply shocks, and the return of triple-digit prices per barrel. However, amid a global scramble to secure supply, the companies that actually produce and transport oil are doing the...

Legendary investor Warren Buffett‘s oil pick – Chevron Corp (NYSE:CVX) – is currently navigating choppy waters. Chevron, a titan in the global energy sector, is the fifth-largest holding of the “Oracle of Omaha’s” Berkshire Hathaway Inc (NYSE:BRK) (NYSE:BRK)...

Rep. Jamie Raskin (D-Md.) has taken a stand against the petroleum industry’s "pattern of lying and evasion," accusing it of long-term deception regarding climate change. Raskin argues that this alleged deceit has significantly hindered the nation’s progress in tackling the climate...

Several major investors are reportedly advocating for BP (NYSE: BP) to consider appointing an external candidate as its CEO, marking a potential departure from the company's tradition of internal appointments throughout its 114-year history. BAE Systems PLC (OTC: BAESY) Chief...

This year’s United Nations Climate Change Conference, or COP28, kicked off on Thursday in Dubai. Nations expressed renewed commitments to reduce their reliance on fossil fuels — deemed a moment of reckoning for oil companies. COP28 President and UAE leader Sultan Al Jaber said at the opening...

Investors had been anxiously and nervously waiting for today's job reports which could have sent major indices moving sharply in either direction. The November Nonfarm Payroll increased 203K, above consensus of 180K and above the previous reading of 200K. The Unemployment rate rang in at 7.0...