Policy Analyst, Dr. Steve Manteaw, says the discretionary powers given to the Minister for Energy not to enter into a Petroleum Agreement after a bidding round, exposes the minister to corruption. He...
US petroleum giants ExxonMobil and Chevron reported big jumps in second-quarter profits Friday, the latest boost from a recovery in oil prices that still feels shaky to many industry officials....
ExxonMobil saw its second-quarter profits nearly double from the year-ago period due to higher oil prices and better refining margins, the company reported Friday. Net income jumped to $3.4 billion,...
US Secretary of State on Wednesday Rex Tillerson denied suggestions that he plans to resign because of disagreement with the White House. "I'm not going anywhere," Tillerson told reporters said as...
Top US diplomat Rex Tillerson does not plan to step down, the State Department said Tuesday, quashing reports citing differences with the White House. Since taking the helm of the State Department in...
The United States on Thursday hit oil giant ExxonMobil with a $2 million fine for violating Ukraine-related sanctions, at a time when Secretary of State Rex Tillerson was still in charge of the...
US Secretary of State Rex Tillerson on Thursday wrapped up a four-day mission to the Gulf with little sign of progress in resolving the diplomatic crisis pitting Saudi Arabia and its allies against...
US Secretary of State Rex Tillerson, touring the crisis-hit Gulf for a round of intense shuttle diplomacy, arrived in Saudi Arabia Wednesday for talks with four Arab states boycotting Qatar....
A US appeals court rejected an effort by ExxonMobil Tuesday to enforce a $188 million judgment against Venezuela for the 2007 nationalization of the company's heavy oil operations in that country....
Petroleum-linked shares tumbled early Wednesday, on lower oil prices, pressuring US stocks, while some big technology shares were modestly positive. ExxonMobil and Chevron were among the biggest...
The Qatar crisis presents Rex Tillerson with his first challenge as Washington's top diplomat and an opportunity for the former oilman to use his vast network of contacts. But while his former life...
Major oil producers, including for the first time ExxonMobil, expressed support on Tuesday for a new US carbon tax, which could help cut emissions despite President Donald Trump's decision to...
Chad, one of the countries hardest hit by the drop in oil prices, announced that it would seek to diversify its economy for the future, but has also come to an accord with a group of foreign energy...
President Donald Trump may have torpedoed the Paris climate accord as US diplomats brace for huge cuts to their environmental programs. But on Monday, American officials joined world diplomats wading...
There was applause in the White House Rose Garden when President Donald Trump announced he was pulling the United States out of the Paris climate change accord, but there were notable absences in the...
Democratic state governors, city mayors and powerful companies united Friday in defiance of President Donald Trump's pledge to take the United States out of the Paris climate accord, drawing up plans...
US coal producers welcomed President Trump's decision on Thursday to pull the US out of the Paris climate deal. But the move drew criticism from other business executives, who said it would hurt US...
America's withdrawal from the climate-rescue Paris Agreement under Donald Trump is a blow to global unity but may be a blessing in disguise for the pact itself, observers said Thursday. This way, the...
Donald Trump's Republican allies applauded the president Thursday for announcing an end to US participation in the Paris climate deal -- a move his core supporters demanded, even though most...
Tesla founder Elon Musk on Thursday confirmed he would quit White House business panels in reaction to President Donald Trump's decision to withdraw from the Paris climate accord. "Am departing...
