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  • Rebecca F. Elliott

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Oil Companies Embrace Trump, but Not ‘Drill, Baby, Drill’

Oil and gas executives welcomed President Trump’s early moves on energy policy, but many said they did not plan to increase production unless prices rose...

U.S. Oil Production Is Booming. Oil Jobs Are Not.

The industry is pumping ever more oil and natural gas, but it is doing so with only about three-quarters as many workers as it employed...

Constellation Energy to Buy Power Producer Calpine

Constellation Energy’s deal to buy Calpine is being driven by fast-rising demand for electricity by the technology industry.

Exxon Plans to Sell Electricity to Data Centers

The country’s largest oil company is designing a natural gas power plant outfitted with carbon capture technology to meet the voracious power demand of technology...

Why Oil Companies Are Walking Back From Green Energy

As leaders gather for a global climate summit, investors are rewarding oil giants like Exxon Mobil that did not embrace wind and solar.

Exxon Chief to Trump: Don’t Withdraw From Paris Climate Deal

Darren Woods was one of only a few Western oil executives attending a global climate conference in Baku, Azerbaijan.

Trump’s Energy Policies May Be a Mixed Bag for Oil Companies

The president-elect has promised to make it easier to build energy infrastructure and secure drilling leases. But higher production could hurt prices and profits.

Despite Global Crises, Gas Prices Slide as U.S. Election Nears

Fuel prices, which had soared after Russia’s invasion of Ukraine, have dropped to their lowest level since February.

F.T.C. Clears Chevron’s Purchase of Hess With Board Condition

The Federal Trade Commission said the oil giant can acquire the smaller company as long as the chief executive of Hess does not join its...

Top Bidder for Citgo Is Elliott Management, Court Master Says

The sale, which requires a judge’s approval, would help compensate foreign companies owed billions of dollars by the government of Venezuela, which owns Citgo.