Crude oil prices have slumped about 15% over the past year. That has pushed West Texas Intermediate (WTI), the primary U.S. oil price benchmark, below $70 a barrel. That decline will weigh on the ...
BP, Shell, Exxon, and Chevron are boosting fossil fuel investments after disappointing returns on green energy ventures.
Guyana’s destiny changed in 2015. US fossil fuel giant Exxon discovered nearly 11 billion barrels of oil in the deep water off the coast of this tiny, rainforested country. It was one of the most ...