#big-oil
'Good for business': Big Oil plans huge shareholder payouts amid gas price suffering
A report from Groundwork Collaborative reveals how fossil fuel companies are not merely scoring windfall profits from President Donald Trump’s illegal war with Iran, but also using that money to reward shareholders rather than providing relief to consumers.Th…
Venezuela Tries to Convince Big Oil It’s Safe to Come Back
Venezuela is making a fresh pitch to foreign oil companies: this time, if things go sideways, you may not have to fight it out in Caracas. Oil Minister Paula Henao said Tuesday that Venezuela’s new hydrocarbons framework will allow contract disputes to be res…