Wall Street backs away from Arctic drilling amid Alaska political heat

ANCHORAGE, Alaska (Reuters) – Three big U.S. banks have publicly announced break-ups with Arctic drilling in recent months, reflecting Wall Street’s increasing desire to cast itself as environmentally friendly... Read more »

Pioneer Natural CEO calls on investors to divest in companies with high flaring

HOUSTON (Reuters) – The chief executive of Pioneer Natural Resources, Scott Sheffield, on Thursday called on energy investors to sell shares or pull funding from companies that have rates... Read more »

Exxon, Chevron results augur tough year ahead, shares drop 3.5%

HOUSTON (Reuters) – Weaker crude oil and gas prices drove quarterly results sharply lower at Exxon Mobil Corp and Chevron Corp, pushing down shares at the two largest U.S.... Read more »

Eastern Libyan protesters close Zueitina oil port

BENGHAZI, Libya (Reuters) – Eastern Libyan forces closed down major oil ports, a spokesman for an oil protection force allied to eastern-based commander Khalifa Haftar said on Friday, escalating... Read more »

Phase 1 commodity targets likely more than China can chew: analysts

BEIJING/SINGAPORE (Reuters) – Commodity traders and analysts are struggling to map out how China will reach the eye-popping amounts it is committing to buy from the United States under... Read more »

Oilfield service firms have a bearish outlook for 2020: Dallas Fed

FILE PHOTO: An oil pump at sunrise, owned by Parsley Energy Inc. near Midland, Texas, U.S., May 3, 2017. REUTERS/Ernest Scheyder (Reuters) – With their business outlook worsening, about... Read more »

Bloomberg climate plan would halve U.S. carbon emissions in 10 years

ALEXANDRIA, Va. (Reuters) – Democratic presidential candidate Michael Bloomberg on Friday unveiled a climate plan to slash U.S. carbon emissions by 50% in ten years, by slapping tougher pollution... Read more »

Bloomberg climate plan would halve U.S. carbon emissions in 10 years

ALEXANDRIA, Va. (Reuters) – Democratic presidential candidate Michael Bloomberg on Friday unveiled a climate plan to slash U.S. carbon emissions by 50% in ten years, by slapping tougher pollution... Read more »

Chevron expects $10 billion-$11 billion charge in fourth quarter; plans asset sales

(Reuters) – U.S. oil major Chevron Corp (CVX.N) on Tuesday said it expects to write down the value of its assets $10 billion to $11 billion this quarter and... Read more »

Exxon Mobil scores win in New York climate change lawsuit

NEW YORK (Reuters) – Exxon Mobil Corp won a major victory in a closely-watched lawsuit on Tuesday when a judge ruled that the company did not defraud investors out... Read more »