Big Oil bleak on refining profits going into 2025
Big Oil executives this week saw little prospect of a near-term improvement in refinery profits after Chevron, Exxon Mobil ...
BP to Sell German Refining, Chemicals Assets on High Costs
BP Plc plans to sell oil refining and chemical assets in Germany, as the company scales back operations in the country due to ...
Shell sees 2024 oil and gas reserve replacement ratio at 85%
SoftBank is in talks to invest up to $25 billion in ChatGPT owner OpenAI, according to a person familiar with the matter, as ...
Shell dividend hike drives shares higher despite profit miss
Shell reported a 16% drop in profit for 2024 on Thursday amid weakness in oil and gas prices and in demand, but shares rose ...
Exxon Posts Mixed Q4 Results With Higher Oil Production, Weak Refining Profit
HOUSTON - Exxon Mobil on Friday beat Wall Street's estimate for fourth-quarter profit as higher oil and gas production offset ...
Shell Q4: Lower Earnings, Cost Reductions, Dividend Boost And More
Shell reports Q4 results, with revenue of $66.28 billion. The company announced the start of a share buyback program worth $3 ...
Shell Keeps $3.5 Billion Buyback Amid Earnings Miss
Shell’s SHEL0.57%increase; green up pointing triangle adjusted earnings fell more than expected, weighed by lower oil prices ...
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FG Threatens to Revoke Licences of Shell, Mobil, Other Foreign Oil Firms, Reasons Emerge
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has warned oil exploration and production companies of ...
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Shell raises dividend to shareholders as profit falls amid lower oil prices
Shell wrote that the lower income reflected less money from its liquefied natural gas trading operation and lower oil refining margins, among other factors.