BP, the former British Petroleum, desperately wants to be a good environmental citizen – but not just yet. Last month, the company rolled back its climate ambitions. Shareholders who love oil-soaked profits sent BP BP-N shares soaring. Shell SHEL-N, […]
HOUSTON (Reuters) – Oil major Chevron Corp on Tuesday raised its share buyback program and reaffirmed its production guidance of more than 3% annual growth by 2027, while increasing spending in the United States. Chevron increased […]
2022 profits and cash flows of energy companies came in at record highs. This year’s earnings are expected to be lower, albeit still high by historical standards. With lower expected free cash flows, companies will […]
Top executives with Chevron Corp. continue to eye massive production growth from the company’s Permian assets while also acknowledging some shortcomings in the Delaware Basin. “The headline is our production guidance is unchanged, 3% compounded […]
UK-based oil and gas major BP has launched the green hydrogen cluster of the Valencia region (HyVal) at its Castellón refinery in Spain. Courtesy of BP The company announced the launch of the hydrogen cluster […]
Authored by Tsvetana Paraskova via OilPrice.com, The new head of Offshore Energies UK has warned that the higher tax rates are already hitting offshore companies hard. Last autumn, the UK raised the windfall tax for […]
Dow Jones futures were higher ahead of Tuesday’s open after the Dow Jones Industrial Average cut gains to 72 points Monday. Warren Buffett stock Occidental Petroleum (OXY) reported earnings after the close Monday, while Tesla […]
The rise in oil and natural gas prices following Russia’s invasion of Ukraine has transformed oil and gas into the most popular sector for energy workers to join, according to a survey by the global […]
Feb 28 (Reuters) – U.S. oil major Chevron Corp (CVX.N) on Tuesday raised its share buyback outlook to between $10 billion and $20 billion per year and reaffirmed its production guidance of more than 3% annual […]
Home Clean fuel Sembcorp Marine to back Chevron’s lower carbon LNG fleet upgrade Chevron Shipping Company, a subsidiary of energy major Chevron, has entered into an agreement with Sembcorp Marine Repairs & Upgrades Pte. Ltd, […]
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