BP's shift to renewables led to oil production decline and financial woes. 2024 profits plummeted from $14.9 billion to $2.34 ...
Japan Petroleum Exploration (Japex) is looking to invest in the U.S. tight oil and gas sector, with the aim of becoming an operator, an executive said on Wednesday.
Chevron is projected to pay around $11.8 billion in dividends in 2024, which is even more than well-known passive income ...
Norwegian oil and gas investments remain on track for a record level in 2024 and companies have raised their forecasts for 2025 compared to predictions made three months ago, a national statistics ...
Trump's presidency is expected to support the US oil industry, potentially increasing domestic supply and impacting global ...
Saipem wins a $1.9 billion contract for engineering work on the $10.5 billion GranMorgu oil project in Suriname.
Renewables are expensive to build but cost very little to maintain, or what is technically known as a high cap-ex to low op-ex business. Construction requires a loan up front, and the higher the ...
ExxonMobil CEO Darren Woods said there's not much opportunity for the oil industry to increase production in the short term.
SLB shares closed at $43.24 on Nov. 7, meaning there could be room for growth even at the low end of the analyst estimates.
Investing.com-- Oil prices edged higher Tuesday, rebounding after logging steep losses even as a group of top producers once more cut demand growth forecasts. At 08:20 ET (13:20 GMT), Brent oil ...
It's investing that capital to develop its advantaged assets and expand its lower-carbon businesses. These investments should ...
Investing.com-- Oil prices fell Monday as more fiscal stimulus measures from top importer China underwhelmed, while a ...