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As Western Oil Giants Cut Production, State-Owned Companies Step Up

Kuwait announced last month that it planned to invest more than $6 billion in exploration over the next five years to increase production to four million barrels a day, from […]




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Colonial Pipeline Hack Shows Risk to US Energy Independence

HOUSTON — When OPEC barred oil exports to the United States in 1973, creating long gasoline lines, President Richard Nixon pledged an effort that would combine the spirit of the […]




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Why $4-a-Gallon Gas May Be Coming Your Way This Summer

HOUSTON — Even as oil and gasoline prices rise, industry executives are resisting their usual impulse to pump more oil out of the ground, which could keep energy prices moving […]




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‘Is Exxon a Survivor?’ The Oil Giant Is at a Crossroads.

HOUSTON — Over the last 135 years, Exxon Mobil has survived hostile governments, ill-fated investments and the catastrophic Exxon Valdez oil spill. Through it all, the oil company made bundles […]




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Oil Industry Expresses Concern, Not Alarm, About Biden Comments

HOUSTON — Joseph R. Biden Jr.’s promise that he would “transition” the country away from oil and natural gas might hurt him politically in Texas and Pennsylvania, but it did […]