Pope Francis has called the world’s leading oil execs to the Vatican. Meetings are today and tomorrow, and will include leaders from companies like BP and ExxonMobil. They’re gathering to talk about how their businesses can tackle climate change. Click the audio player above to hear the full story.
Every time we pull into a gas station, we see the effect of rising global oil prices. Airlines are getting a bit of sticker shock, too, when they fill their planes with jet fuel. Crude oil is up close to 50 percent in the past year, which is likely to cut into profits and lead […]
We’re only a few days away from Memorial Day weekend, one of the busiest travel days of the year. More than 41 million Americans are expected to hit the road. You know where you’re going? Are you going to drive there? Well, you might be paying more for that gasoline than you have in a […]
Drilling oil wells today still involves dirt and sweat, installing rigs in muddy fields. But there are also more jobs at desks, checking systems remotely by computer.
With the U.S.-based oil giants Chevron Corp. and Exxon Mobil Corp. scheduled to release their first quarter 2018 earnings Friday morning, we look at the state of the oil industry. Companies are reaping the benefits from higher oil prices and demand. But what is big oil investing in these days, with an eye toward the future? Click […]
This morning President Donald Trump turned his ire on OPEC: “OPEC is at it again,” he tweeted. “Oil prices are artificially Very High!” Sure, it’s convenient to blame someone for high gas prices. But the broader story — beyond the 280 characters that Twitter allows — is that something bigger is happening in the world oil […]
