Business
ExxonMobil and Chevron reported lower but still strong profits Friday as they push ahead with hefty shareholder payouts and major acquisitions. The two biggest...
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All posts tagged "Oil"
Business
Shell said Thursday that its net profit more than halved to $19.4 billion in 2023 on lower energy prices, after rocketing to a record...
Business
Saudi Arabia has ordered energy giant Aramco to maintain its oil production capacity at 12 million barrels per day, abandoning a planned increase, the...
Business
The United Arab Emirates and its powerful ruler were sued in a Washington court Wednesday, accused of bankrolling a “dark public relations” operation that...
Business
On paper, the easing of US oil sanctions against Venezuela should allow its battered economy to once again profit from a resource it has...
World
Ukraine said it was behind a drone strike that sparked a huge inferno at an oil depot in western Russia on Friday, the latest...
Business
British oil giant BP on Wednesday named veteran employee Murray Auchincloss as chief executive officer following a period as interim boss in the wake...
Business
British energy major Shell on Tuesday announced the sale of its Nigeria onshore division SPDC for up to $2.4 billion, having already flagged its...
Business
Iran’s navy seized a ship off Oman to retaliate for the “theft” of its oil from the same tanker last year by the United...
World
Indian purchases of Russian crude in defiance of Western pressure over the Ukraine war have fallen to an 11-month low as the price tag...