Exxon Pledges to Reduce Carbon Emissions From Operations to ‘Net Zero’
Exxon Mobil Corp. XOM 1.75% said it has set a goal to reduce or offset greenhouse-gas emissions from its operations…
Toyota Overtakes GM as Bestselling Auto Maker in U.S.
The Japanese auto maker, which for decades has worked to expand its presence in the U.S., outsold GM by roughly…
The Best-Managed Companies of 2021—and How They Made It to the Top
Technology giants reign as America’s best-run companies. The companies earning the highest marks in this year’s Management Top 250 ranking…
Germany’s Scholz Takes Power After Merkel’s 16-Year Rule
BERLIN—Germany’s parliament elected Olaf Scholz, 63, chancellor on Wednesday, ending Angela Merkel’s 16-year rule. The country’s new center-left leader inherits…
Saudi Aramco Sells Stake in Natural-Gas Pipeline Business
Saudi Aramco agreed to sell a 49% stake in its natural-gas pipeline business to a consortium led by BlackRock Inc.…
Demand for Oil, Gas to Remain Robust for Years, Energy Leaders Say
The leaders of the world’s largest oil companies said Monday that demand for the products they make will remain robust…
Job Gains and Losses From Coal Shutdowns Land in Different Places
The decline of coal in the U.S. is playing out in rural Utah, where a mine is losing two top…
While Shell Resists Breakup, Rivals See Opportunity From Spinoffs
Royal Dutch Shell PLC is standing firm against Third Point LLC’s call for a breakup of the oil giant to…
In Russia’s ‘Death Valley,’ Putin’s Pledge to Become Carbon Neutral Rings Hollow
KISELYOVSK, Russia—In October, President Vladimir Putin pledged Russia would become carbon neutral by 2060, an ambitious promise for the world’s…
OPEC, Russia Agree to Keep Boosting Oil Output, Jolting Prices
OPEC and a group of Russia-led oil producers agreed to continue pumping more crude, betting that pent-up demand in a…
