Litigation Without End: Chevron Battles On in 28-Year-Old Lawsuit
Facing a huge damage award U.S. courts deem fraudulent, the oil company is trying to get the pollution verdict voided in Ecuador, the country it came from. Its nemesis, a plaintiffs' lawyer now disbarred and under house arrest, is about to go on trial himself.
Oil ends lower on renewed global growth fears, but tallies a monthly gain
Oil futures finish lower on Friday, with weakness tied to some worries over the global economic outlook, but prices tallied weekly, as well as monthly gains.
Exxon Mobil, Chevron Face Tough Investor Crowd
U.S. oil majors are making money again, but it will take more to assuage shareholders.
Bankrupt Texas Co-Op Brazos Approved to Chill Storm Damage Claims
Brazos Electric Power Cooperative and Griddy Energy have seized bankruptcy tools to limit demands to pay for property damage and injuries stemming from the February freeze.
U.S. Oil-Rig Count Falls by 1 in Latest Week, Baker Hughes Says
The number of rigs drilling for oil in the U.S. dipped by one in the latest week to 342, according to oil-field services company Baker Hughes.
Eni Returns to Profit in the First Quarter
Eni was back in the black in the first quarter, posting a net profit of EUR856 million, or EUR270 million on an adjusted basis, with the improved results driven by exploration, production and chemicals.
Energy & Utilities Roundup: Market Talk
The latest Market Talks covering Energy and Utilities
ESG Insights - Emissions Goals Are Costly But Will Benefit Some Sectors
This week, The Wall Street Journal's ESG research analysts looked at global emissions-goals costs, the resumption of J&J vaccinations, Archegos's collapse fallout and more.
Oil's Rebound Greases the Way for Energy Giants' Green Pitch
Higher cash flows and payouts are attracting investors back to Shell and BP, giving them much-needed time to better sell their complex transition plans.
Energy-Focused Hedge Fund Luminus Liquidates Some Assets
The unwinding demonstrates the ongoing ripple effects caused by the Covid-19 crisis that struck the energy industry in early 2020.
(END) Dow Jones Newswires