Tag: Oil

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 ...

Summary Fourth-quarter profit of $10 bln tops estimates Shell to buyback $4 bln in shares LNG trading key driver in Q4 profits Shell (SHEL.L) delivered a record $40 billion profit ...

In Canada's western oil patch, controversy is raging over federal government legislation aimed at helping the fossil fuel labour force shift to a greener economy, but union and community leaders ...

Following Moscow's war in Ukraine, the world's biggest oilfield firm SLB (SLB.N) has expanded its business in Russia by cherry-picking service and equipment contracts from rivals who exited, according to ...

Firm said in October it had not paid any UK windfall taxes as a result of huge investment in North Sea Shell has announced it expects to take a hit ...

Summary This content was produced in Russia where the law limits coverage of Russian military operations in Ukraine Russia's budget deficit could be wider than a predicted 2% of GDP ...

OPEC has slashed its forecasts for U.S. shale oil supply multiple times as factors including investor caution hamper expansion, making the non-conventional supply less of a concern for the producer ...

Oil flows to parts of Central and Eastern Europe via a section of the Druzhba pipeline have been temporarily halted, according to oil pipeline operators in Slovakia and Hungary. The ...

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 ...

Summary Sector boosted by soaring oil and gas prices Four of the five largest global oil companies have now reported S. President Biden criticizes energy companies Global energy giants including ...