Houston, TX, Could 24, 2025 – Large Oil’s unprecedented shareholder payouts, which reached a staggering $119 billion in 2024, are below vital risk in 2025 as crude oil costs hover round $60 per barrel, a pointy decline from latest years. Based on Rystad Power, main oil firms like ExxonMobil, Chevron, Shell, BP, TotalEnergies, and Eni … Read more
Houston, April 4, 2025 – Liberty Energy, the oilfield services company once led by U.S. Energy Secretary Chris Wright, saw its stock nosedive nearly 20% on Thursday, erasing over $600 million in market value, as President Donald Trump’s escalating tariff war sent shockwaves through the energy sector. The Denver-based firm, where Wright served as CEO … Read more
Mining Giant Fortescue Slams Big Oil for Misstep on Renewables Transition Perth, Australia – March 24, 2025 – Fortescue Metals Group, one of the world’s largest iron ore producers, has publicly criticized Big Oil companies for their sluggish approach to renewable energy adoption, accusing them of prioritizing short-term profits over long-term sustainability. Speaking at a … Read more