Collin Eaton

Exxon Mobil says humans will use roughly as much crude oil in 2050 as they do today and that the world isn't on pace to make dramatic emissions reductions needed to stem climate change. In its annual energy outlook, the Houston-based fossil-fuels producer said it expects carbon emissions to drop for the first time in 2030. The company expects the world’s natural-gas demand to rise 21% by 2050, and oil 2%, with most of that growth in industrial sectors to fuel manufacturing and as chemical feedstock.

Behind the scenes, Chevron's message to the White House is that the oil giant needs to stay in Venezuela, even if Nicolás Maduro remains.

Behind the scenes, Chevron’s message to the White House is that the oil giant needs to stay in Venezuela, even if Nicolás Maduro remains.

Chinese companies are investing heavily in the sparsely populated South American country, home to the largest oil find in a generation.

Chinese companies are investing heavily in the sparsely populated South American country, home to the largest oil find in a generation.

Oil companies try to persuade the former president and his Republican allies not to slash provisions of the Inflation Reduction Act potentially worth billions.

In an interview, a top Exxon executive pushes back after California alleges the company deceived the public about recycling.

The oil giants posted lower third-quarter profits as energy prices sank and fuel-making margins narrowed.

Chris Wright’s nomination elevates a pugnacious branch of the oil-and-gas industry that mostly hasn’t pledged to build out low-carbon energy businesses, unlike giants Exxon and Chevron.

Fossil-fuel tycoons helped return Donald Trump to the presidency. Now, they are seeking to lock use of their products for years to come.