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Exxon, Vitol Execs: Marrying Upstream Assets with Global Trading Prowess

Global commodities trading house Vitol likes exposure to the U.S. upstream space while supermajor producer Exxon Mobil is digging deeper into its trading business, executives said at CERAWeek by S&P Global.

Big Oil Companies Are Selling Their Wells. Some Worry Taxpayers Will Pay to Clean Them Up.

Shell and ExxonMobil are selling their California wells despite oil selling at high prices. Experts say one reason is looming liability for environmental cleanup.

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