Why Oil Prices Have Been Rising Recently

Source: FactSet By The New York Times By Stanley Reed Oil prices have climbed in recent ... the conflict between Israel and Hamas. But 2024 looks like a very different year. Demand has been ... Read More

2 No-Brainer Oil Stocks to Buy With $1,000 Right Now

What you really want to own are companies that have proved themselves capable of benefiting from the industry's ups while handily surviving its downs. On that score, two of the best energy options ... Read More

Cnooc Posts Record First-Quarter Net Profit on Higher Oil Price, Production

The Chinese oil major on Thursday posted a net profit of 39.72 billion yuan (US$5.48 billion) for the quarter, up 24% from a year earlier. Its revenue rose 14% to CNY111.47 billion. Read More

Oil giants plan to bury massive amounts of CO2 in South-east Asia

LONDON - Just as they first ventured to do over a century ago, the world’s largest oil companies are staking ... It also provides a new source of revenue, as companies can rent out storage ... Read More

Oil Giant Takes Center Stage in Bulgaria’s Pivot From Russia

Its sprawling oil refinery near the Black ... Now, decades of good business between Bulgaria and Russia face a moment of reckoning as Lukoil looks at selling up and leaving because of what it ... Read More

Is Guyana’s Oil a Blessing or a Curse?

The oil find in Guyana’s waters is on track to become Exxon Mobil’s largest single source ... giant, with global revenue 10 times the size of Guyana’s gross domestic product, as a new ... Read More

Oil field services giant bets $380M on CCS

Oil field services giant SLB announced Wednesday it plans to combine its carbon capture business with Norwegian company Aker Carbon Capture in a $380 million deal that aims to help decarbonize the ... Read More

Oil price

oil tops $90 3 reasons the stock market could tumble 10%, according to an increasingly nervous analyst US crude production is set to notch new records through 2025, helping send oil prices lower ... Read More

Oil Giant Caught in Middle as Bulgaria Unpicks Russian Ties

Its sprawling oil refinery near the Black Sea coast ... Now, decades of good business between Bulgaria and Russia face a moment of reckoning as Lukoil looks at selling up and leaving because of what ... Read More

Oil Spills News

June 16, 2022 — Scientists mapping oil pollution across the Earth's oceans have found that more than 90% of chronic oil slicks come from human sources ... New research offers a closer look ... Read More

China's oil majors face uphill climb to adapt to EV future

Boasting 70 fast electric vehicle charging points, coffee machines and massage chairs, the station is one of thousands being built by the state-run oil giant across the country as it looks to ... Read More

Shell considers quitting London for New York

Mr Kelty said: “In New ... giant BP, which is the fifth-largest company on the index, could also follow suit. It comes as Shell looks to shift its business away from oil and gas towards greener ... Read More