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
Saudi Aramco Experiences 5% Dip in First-Quarter Revenue Amid Decrease Oil Costs Dhahran, Saudi Arabia – Could 11, 2025Saudi Aramco, the world’s largest oil exporter, introduced a 4.6% decline in its first-quarter internet revenue for 2025, reporting $26 billion (97.54 billion riyals) for the three months ending March 31, down from $27.3 billion in the … 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
Lots of “green” money is being thrown out from President Obama’s economic stimulus package (ARRA) and other sources, with everyone talking about alternative fuels and renewable energy, such as electric cars, plug-in hybrids (PHEVs), wind power, and more. I am talking. , solar power, hydropower. It seems like a lot of carrots are being dangled … Read more
A few years ago, the idea of electric cars was viewed with utter skepticism. Oh sure, people said, the technology is there to make cars, but drivers aren’t going to buy a car that can only drive 40 miles before you have to plug it in. Mileage increased. Now that hybrid electric cars are mainstream … Read more