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Image of Saudi Aramco's seismic robot in the desert, where they use AI to analyze geological formations deep underground.
Features
Energy giant Saudi Aramco is betting on AI to thrive after the ‘peak oil’ era
By Vivienne WaltJune 26, 2024
Warren Buffett has been on a 9-day buying tear with oil stock Occidental, and it could shed insight into Berkshire Hathaway’s bigger strategy, analyst says
Finance
Warren Buffett has been on a 9-day buying tear with oil stock Occidental, and it could shed insight into Berkshire Hathaway’s bigger strategy, analyst says
By Leo SchwartzJune 18, 2024
multi colored blocks behind large 500 number
Magazine
Introducing Fortune’s first-ever Southeast Asia 500: Firms that mine stuff, make stuff, and move stuff dominate a fast-growing region
By Clay ChandlerJune 17, 2024
person holding a bottle of crude oil
Finance
We’ll soon live in a world with a ‘staggering’ excess of oil that we can’t fully use, global energy watchdog IEA warns
By Prarthana PrakashJune 13, 2024
Saudi Aramco's Amin Nasser
Finance
Saudi Arabia’s oil giant sees massive stock offering sell out in hours as investors clamor for annual dividend payouts of $124 billion
By Matthew Martin, Julia Fioretti and BloombergJune 2, 2024
pump jack and oil barrels
Finance
OPEC+ extends oil production cuts through all of 2025 to help prop up weaker crude prices
By David McHugh and The Associated PressJune 2, 2024
2 Citgo oil execs held for 5 years in Venezuela are suing the company for $400m because they say it lured them to South America knowing they could be arrested
Finance
2 Citgo oil execs held for 5 years in Venezuela are suing the company for $400m because they say it lured them to South America knowing they could be arrested
By The Associated PressMay 31, 2024
As the EV market cools, the oil industry scorches with $250 billion in high-stakes deals and mass consolidation: ‘The bigger the company is, the more money they make’
Finance
As the EV market cools, the oil industry scorches with $250 billion in high-stakes deals and mass consolidation: ‘The bigger the company is, the more money they make’
By Will DanielMay 29, 2024
Pedestrians walk past a Shell garage at night
Environment
Climate activists led a Shell shareholder rebellion over decarbonization targets, winning 19% of the vote. What difference will it make?
By Adam GaleMay 22, 2024
polar bear near water
Environment
The last piece of private land in this strategic corner of the Arctic is on sale for $323 million as geopolitics and the climate heat up
By Sarah Rappaport and BloombergMay 10, 2024
Biden administration moves to let conservation groups rent government-owned land just like oil, ranching and mining companies do
Environment
Biden administration moves to let conservation groups rent government-owned land just like oil, ranching and mining companies do
By Matthew Brown and The Associated PressApril 19, 2024
Wall Street
Finance
Oil prices jump about 3% after explosions reported in Iran
By Zimo Zhong and The Associated PressApril 19, 2024
CEO of Royal Dutch Shell Ben van Beurden speaks about "Energy transition was never going to be easy" at Altice Arena.
Environment
KKR is entrusting its multibillion-dollar green transition to the former CEO of oil-guzzling giant Shell
By Ryan HoggApril 17, 2024
Jamie Dimon testifies
Environment
Jamie Dimon calls LNG exports a ‘realpolitik goal’ and a ‘great economic boon’ for the U.S.
By Ruth Liao and BloombergApril 8, 2024
How the oil earnings of Saudi Aramco, the world’s most profitable company, are helping the Saudi monarchy shake up the global economic order
Magazine
How the oil earnings of Saudi Aramco, the world’s most profitable company, are helping the Saudi monarchy shake up the global economic order
By Vivienne WaltApril 4, 2024
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