Daily Infographic: Oil companies’ profits surge as fuel prices soar
Net income of oil and gas companies
Net income of oil and gas companies
Will the oil majors make the transition to become dominant producers of renewable energy and other climate change technology, or will new entrants supplant them?
Freight giant DHL will permanently close its Baytown, Texas, facility and lay off 97 workers by May 31.
The odds are more iconic retail brands will declare bankruptcy in 2020
Plummeting prices make ExxonMobil’s fuel system-friendly diesel formulation that eliminates additives and reduces NOx emissions a better deal.
Small companies jittery about investing in biodiesel blending with the federal tax credit in limbo are moving in now that the tax incentive on the cleaner-burning fuel is set through 2022.
Amazon has enabled customers to pay digitally at gas stations via Alexa, which can confirm the station location and pump number and activate the pump for drawing fuel.
Experts say reversal of penalty related to U.S. Treasury Department’s Office of Foreign Assets Control won’t hinder its broader enforcement activities.
Two industry groups have announced a program to prevent the accidental release of pre-production plastic pellets.
ExxonMobil, Chevron, and Royal Dutch Shell reported earnings this week: we discuss the implications for freight.
The beat comes after the company fell short of earnings expectations last quarter, coming in over 23 percent short of estimates.
Uncertainty over whether refineries are doing enough to plan for marine fuel switch pushes up premium for low-sulfur product.
Also in this report: a rebound in the market helped by OPEC production cuts; ExxonMobil grows big on the U.S. Gulf Coast.