HOUSTON, Jan 31 (Reuters) – Exxon Mobil Corp (XOM.N) posted a $56 billion profit for 2022, the company said on Tuesday, taking home about $6.3 million per hour last year, and setting
Exxon sues EU to block ‘counter-productive’ windfall tax
ExxonMobil sued the EU to overturn its windfall tax on oil companies. Brussels is accused of being overreaching its legal rights with the “counterproductive” policy.
Gazprom CEO Alexei Miller says gas price cap would lead to supply halt
Alexei Miller, Gazprom’s CEO, stated Sunday that plans to limit the price of Russian gas exports will cause supply to be halted. This is a similar threat to President Vladimir
Moscow orders Crimea bridge to be repaired by July 2023
Russia suggested Friday that repairs to Crimea’s bridge could take several months following an explosion at the critical supply link, which triggered a barrage of missile strikes against Ukraine.
French Finance Minister Bruno Le Maire, a resolution on refineries blockade must be found in coming hours
Bruno Le Maire, French Finance Minister, said Tuesday that a solution must be found to end the week-long strike at French refineries which has been affecting French petrol stations for
Ukraine unveils stamps celebrating Kerch bridge explosion – hours after the attack
The Ukrainian Post Office released a new stamp to celebrate the destruction of the Crimea bridge just hours after an alleged attack.
“Ukraine sends Putin birthday presents”: Russia’s prized Crimea Bridge in ruins
Vladimir Putin was extremely proud of the Kerch bridge linking Crimea and Russia. One analyst said that its collapse was a “punch in Putin’s face” on his birthday.
Putin orders the seizure of the Exxon Sakhalin-1 oil and gas project
Russian President Vladimir Putin signed Friday a decree that established a new operator to manage the Sakhalin-1 Exxon Mobil Corp. oil and gas project in Russia’s the Far East.
After dismal drilling results, Tullow Oil decides to abandon the well in Guyana
Tullow Oil, a company that focuses on Africa, announced Friday it would cease drilling operations at an exploratory well off Guyana. Results showed the well bore water. This sent its
‘Exxon Made More Money Than God’
After a report showing inflation at a record 40-year high, President Joe Biden accused Exxon Mobil Corp. and other oil companies of profiting from high gasoline prices.
Shell gets injunctions against UK climate protests
Shell obtained injunctions from a UK court that allow protestors to be fined and/or put in prison for blocking or damaging petrol stations in England or Wales. The firm announced