Exxon Beats Western Oil majors’ Profits With $56B In 2022
Exxon Mobil Corp (XOM.N) reported a $56 billion net profit for 2022, the company said on Tuesday, earning about $6.3 million per hour in 2022, and hitting not only a ...
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Tag: BP
BP Joins Peers With Massive $8.2B Profit
Summary Natural gas trading increases profit BP to buy back an extra $2.5 bln in shares S. President Biden has advised sector to stop "war profiteering" BP (BP.L) more than ...
BP Acquires 40% Of US$30B Pilbara Renewable Energy Project
The company also plans to run the Asian Renewable Energy Hub, which intends to produce up to 26GW of wind and solar energy Global fossil fuel company British Petroleum (BP) ...
BP To Assess North Sea Investments After Windfall Tax Was Unveiled
British Petroleum (BP) says it will look at the tax’s impact after CEO earlier stated no investments would be mothballed BP has stated that it will assess its investments in ...
BP To Exit Russia’s Rosneft 20% Stake $25B In Charges
British Petroleum, a multinational oil firm, has confirmed the exit of its 19.75% shareholding in Russia-based Rosneft firm after the invasion of Ukraine. In an official statement, BP also announced ...
Oil Spikes As Storm Moves Closer To Gulf Of Mexico Production Hub
The prices of oil surged on August 27, 2021, and seems on track to record massive gains for the week on fears about supply disruptions as energy firms started shutting ...
Everything About Oil Futures Investments
Over the past several years, oil futures have gained popularity. Anyone looking to dive into this market should have a great understanding of how the oil industry works. Also, they ...