Liam Denning, Columnist

Big Oil’s Changing Priorities: Elements by Liam Denning

Exxon and Chevron are spending less on capex amid huge profits.

August 1, 2022 at 11:28 AM UTC

Corrected

August 1, 2022 at 12:53 PM UTC

Liam Denning is a Bloomberg Opinion columnist covering energy. A former banker, he edited the Wall Street Journal’s Heard on the Street column and wrote the Financial Times’s Lex column.

An oil pump jack at the New Harmony Oil Field in Grayville, Illinois.Photographer: Luke Sharrett/Bloomberg

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Hi, I’m Liam Denning and this is today’s edition of Elements, Bloomberg’s new energy and commodities newsletter. We bring you a daily mix of commentary from Bloomberg Opinion writers and the best of our market-leading news coverage. We hope you’re enjoying it, and if you haven’t yet signed up to get it direct into your inbox, you can do that here.

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