Exxon and Chevron Report Lower Profits While Girding for Tariffs
President Trump’s trade policies have helped to push down oil prices while raising the costs of materials for oil and gas companies.
Exxon Mobil Corp
Marco Rubio Warns Venezuela Against Attacking Guyana Over ExxonMobil Deal
As ExxonMobil produces oil offshore in Guyana, Venezuela has asserted claims to a large region of the country, recently sending a naval vessel into the waters.
Hope for a Trump Energy Boom Is Marred by Anxiety About Tariffs
Energy executives meeting in Houston expressed concerns about President Trump’s trade and economic policy even as they praised him and his administration.
Supreme Court Rejects an Effort to Block States From Suing Oil Giants
The justices declined to hear unusual arguments from Republican-led states that sought to end lawsuits against energy companies over their role in global warming.
Chevron Wants to Tap Into A.I. Boom by Selling Electricity to Data Centers
The oil company plans to build natural gas power plants that will be directly connected to data centers used by technology companies for artificial intelligence and other services.
U.S. Oil Production Is Booming. Oil Jobs Are Not.
The industry is pumping ever more oil and natural gas, but it is doing so with only about three-quarters as many workers as it employed a decade ago.