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ExxonMobil and Chevron invest less than before pandemic in face of peak demand and Wall Street pressure
Higher oil production and natural gas prices lead to windfalls
Chief executive dismisses calls for US windfall tax, saying dividends flow to ‘the American people’
US oil supermajor may seek billions of dollars in court over loss of Sakhalin-1
Transactions by producers including EQT could drive further consolidation in fractured shale industry
ExxonMobil is countering Vladimir Putin’s decree barring companies from selling stakes
US supermajor issues ‘notice of difference’ to Moscow as it seeks to exit Sakhalin-1 oil project
Sudden reversal comes just three days after president approves sale of the oil company’s Niger Delta business
Seplat Energy will acquire four oilfields as big international groups withdraw from region
While this could well be a high point for Big Oil, it does not mean the good times are going to dry up anytime soon
Blockbuster earnings threaten political backlash as inflation rips through economies
Plus, Europe is falling behind on renewable power deployment
The BBC2 three-parter highlights the role of the oil and gas majors in spreading disinformation about fossil fuels
Greedflation. Price gouging. Pandemic profiteering. What happens when turning a profit is considered a bad thing?
‘It’s a question of how high prices eventually rise’ to spur investment, says Darren Woods
Climate campaigners notch ‘overdue and powerful’ win at oil company
Behold, one chart to sum up markets since 2020
Plus, a crypto king becomes ‘the most hated man in Korea’ and a billionaire bromance fuels a $44bn takeover
US oil supermajor recommends three Engine No. 1-picked directors stay on its board
Reluctance to open wallets probably reflects frustration with Joe Biden’s energy policy
US supermajors receive windfall from soaring oil and gas prices as pressure to increase drilling mounts
Hedge funds, researchers and journalists among targets of personalised phishing mails
US supermajor’s preview comes two days before congressional hearing on high fuel prices
US oil supermajor follows BP and Shell in cutting ties while other groups face intensifying pressure
Total, Exxon, Trafigura and Vitol among oil groups and commodity traders heavily exposed to the country
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