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Omens of Decline for Russia’s Once World-Leading Energy Industry

It was to be a hugely ambitious project on the frigid Gulf of Ob, in Russia’s Far North, a steppingstone in Moscow’s rising ambitions to be a power in liquefied […]




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How Much Will the U.S.’s Oil Ban Hurt Russia?

In the longer term, though, the future of the Russian industry, which bankrolls a large portion of the government budget, has turned cloudy. China, for instance, is a hard bargainer […]




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The Future Turns Dark for Russia’s Oil Industry

In the longer term, though, the future of the Russian industry, which bankrolls a large portion of the government budget, has turned cloudy. China, for instance, is a hard bargainer […]




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Shell Quits Russia, Joining BP as Oil Giants Object to Attack on Ukraine

Thane Gustafson, author of “Wheel of Fortune,” an account of the Russian oil industry after the fall of the Soviet Union, recalled that the oil executives who were instrumental in […]




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Why Are Oil Prices So High and Will They Stay That Way?

HOUSTON — Oil prices are increasing, again, casting a shadow over the economy, driving up inflation and eroding consumer confidence.Crude prices rose more than 15 percent in January alone, with […]




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Exxon Sets a 2050 Goal for Net Zero Greenhouse Gas Emissions

HOUSTON — Exxon Mobil, under increasing pressure from investors to address climate change, announced on Tuesday that it had the “ambition” to reach zero net greenhouse gas emissions from its […]




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Oil Executives Testify on Industry’s Role in Climate Disinformation

House Democrats have begun questioning the executives of some of the world’s biggest oil and gas companies — Exxon Mobil, Chevron, BP and Shell — over allegations that the companies […]




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In Fighting Climate Change, What’s an Individual to Do?

Brooklyn Solar Works, which installed Mr. Ross’s array, said it had put in place just over 1,000 sets of solar panels in New York City. On average, federal, state and […]




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Exxon Mobil Defeated by Activist Investor Engine No. 1

Wall Street has seen its share of strange bedfellows, but a recent alliance of investors that took on Exxon Mobil was unprecedented.Last week, an activist investor successfully waged a battle […]




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Exxon Mobil Faces Off Against Activist Investors on Climate Change

“I don’t expect a meaningful change in strategy such as large investments in renewables,” said Allen Good, a Morningstar analyst. But he said a victory for the dissidents “would be […]