Markets won't correct the soaring prices that threaten our economic wellbeing. So governments must
Exxon
The world must kick its addiction to oil
Oil lubricates high-level links
In its attempt to take back control of its most precious resources, Russia dismantled Yukos, its most promising independent oil company; played hardball with Royal Dutch Shell in Sakhalin and appears to be making similar moves on TNK-BP.
Energy industry upheaval to benefit oil services
Some suggested that the international oil companies such as ExxonMobil, BP and Royal Dutch Shell would have to change their business model to become more like service companies if they were to prosper.
Exxon Mobil, Shell, Total and BP return to Iraq
Four oil giants - Exxon Mobil, Shell, Total and BP - are to announce next week no-bid contracts to start servicing the creaking Iraqi oil infrastructure, crippled for decades by lack of investment and often targeted by insurgents.
Rising oil prices are on a slippery slope to disaster
You might think that oil company executives would be gleeful about oil at $140 per barrel, but the mood in the corridors at Exxon, Shell and BP is gloomy. They are fearful of the future...
Talks aim to avert Arctic oil rush
Commercial interest in exploiting the Arctic is hotting up. Denmark recently attracted the likes of ExxonMobil and Chevron, the two biggest US energy groups, along with several smaller players, to explore off its western coast. Alaska, meanwhile, garnered aggressive bidding by Royal Dutch Shell, Europe's biggest energy group, which earlier this year won the right to explore the remote part of the state's Arctic North Slope.
Big oil lends to Nigeria
Royal Dutch Shell is one of a number of oil majors talking to the Nigerian National Petroleum Corporation, the state-run oil company, about terms for huge loans to kickstart exploration and production in the country. Between them, Shell, ExxonMobil and Total are contributing about $6bn.
Shell warns Nigeria of threat to confidence
Shell voiced its concerns shortly after agreeing, in a separate move, to lend the government $3.1bn (2bn, £1.6bn) to help kick-start stalled projects in their Niger Delta joint venture - the Shell Petroleum Development Company (SPDC).
Shell Says Nigerian Changes May Deter Investment (Update1)
Governments are seeking more money from oil companies as crude prices have surged to a record and exploration for resources has heated up. Shell ceded a stake in the $22 billion Sakhalin-2 offshore oil and gas project in Russia to Gazprom last year after Russian regulators threatened to shut it down for environmental violations.
Rockefellers Seek Change at Exxon
The resolutions ask Exxon to take the threat of global warming more seriously and look for alternatives to spewing greenhouse gases into the air.
Shell/Exxon NAM may reopen Dutch oilfields
NAM is considering reopening some oilfields in the west of the country, Dutch newspaper De Telegraaf reported, as oil prices rocket to highs near to $128 a barrel.
Inupiat Eskimo sue Shell to fend off danger of offshore oil
So far, neither the legal wrangling, nor the high costs of Arctic operations have daunted Shell and other top oil companies, which are eager to capitalize on soaring prices and projections of unquenchable demand for oil and gas in the coming decades. As the largest new player offshore, Shell has spent nearly $3 billion on leases in the Beaufort and Chukchi seas. Both Shell and ConocoPhillips are trying to amass federal permits that would free them to ramp up exploration this summer. Those permits would allow the "incidental harassment" of wildlife during routine industrial activities.
A Crude Game: Paying For Our Own Destruction
Today six "supermajors"Exxon Mobil, Royal Dutch Shell, BP, Chevron, Conoco Phillips, and the French Totaldominate the world oil market.
Oil Trades Near $120 After Rising to Record on Demand Outlook
A weekend attack in Nigeria, Africa's biggest oil producer, forced Royal Dutch Shell Plc to reduce output, the Associated Press reported May 3, citing the company. The Movement for the Emancipation of the Niger Delta, or MEND, claimed responsibility for the assault.
Why Exxon Still Denies Peak Oil
Executives, especially Exxon executives, have thought for some time that they could keep oil prices under control by pretending that Peak Oil is a left-wing myth. Or that it wont happen until were all dead. Most executives (other than Exxons) have stopped that foolishness by now.
Exxon must act to keep an enviable reputation
Whether viewed over the past five years or past 20, Exxon's total shareholder returns have comfortably exceeded the average of its peers: Royal Dutch Shell, BP and Chevron.
But nobody is perfect...