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Saudi Aramco is reportedly shelling out a whopping $450 million on adviser fees for its upcoming IPO
Bloomberg said that the oil giant will pay the fees — about 1% of the $40 billion Aramco is looking to raise — to advisers from over 20 banks.
At a CNN town hall on Wednesday night, Joe Biden defended both his plan to address climate change and his relationship with the fossil-fuel industry.
Former Trump official Dina Powell has helped put Goldman Sachs in the running for a role in Saudi Aramco’s IPO
The former deputy national security adviser is reportedly part of the team trying to seal the deal for the bank.
Gasoline stockpiles also grew by 4.4 million barrels, which shocked the industry as it is currently peak demand season.
The UK is deploying another warship to the Persian Gulf as concern grows over a tanker that went missing near Iran
As the US gathers a coalition to protect shipping in the region, an oil tanker went into Iran's waters and mysteriously stopped transmitting.
Why the CEOs of Shell, BP, and 11 other major corporations have decided to lobby DC for climate change legislation
CEOs from major greenhouse-gas emitters are pushing President Trump and Congress for market-based climate change policies.
Trump’s war on science is being led by a climate change denier who compared carbon dioxide pollution to ‘poor Jews under Hitler’
Trump is considering a new climate review panel that would be led by a 79-year-old physicist who thinks carbon dioxide is good for the planet.
Siemens stock is jumping after the industrials giant laid out plans to create a billion-dollar energy company
Siemens' stock rose 4.5% on its plans to combine its gas-and-power and renewable-energy businesses to create a separate, billion-dollar energy company.
Chevron, the world's third-largest energy company, has agreed to buy Anadarko petroleum in a $33 billion deal.
Rick Perry, a champion of oil and gas, doesn’t think Alexandria Ocasio-Cortez should be ‘pushed aside’ over her Green New Deal
Perry's comments stand in contrast to those made by President Donald Trump, who has slammed the Green New Deal as a "socialist nightmare."