BP shuns renewables in return to oil and gas
BP said it would increase its investments in oil and gas by about 20% to $10bn (£7.9bn) a year, while decreasing previously planned funding for renewables by more than $5bn (£3.9bn). The move comes as rivals Shell and Norwegian company Equinor have also scaled back plans to invest in green energy and US President Donald Trump's "drill baby drill" comments have encouraged investment in fossil fuels.
Shares of Occidental Petroleum Corp. OXY slid 1.95% to $48.89 Tuesday, on what proved to be an all-around mixed trading ...
"It would be ironic in the energy capital of the world if we can't supply the energy that these new businesses need to thrive ...
Authorities have seized about P1.26 million worth of illegal petroleum products in Naujan, Oriental Mindoro, the Philippine ...
The New Voice of Ukraine on MSN5h
Oil from Greece, coal from the US: Ukraine’s energy imports overshadow exports by 44 timesUkraine imported fuel and energy products worth $8.9 billion, down $1.47 billion, or 14.2%, from 2023. Meanwhile, export ...
Occidental Petroleum used that free cash flow to pay its dividend and repay debt following its $12 billion acquisition of ...
Senator Heineken Lokpobiri, has blamed companies operating in Nigeria’s upstream sector for the underperformance of the ...
Midland Reporter-Telegram on MSN4d
Select Water, Occidental Petroleum recycle 50 million barrels of water at Lost TankSelect Water Solutions and Occidental Petroleum celebrate recycling over 50 million barrels of water at the Lost Tank ...
HOUSTON (AP) — HOUSTON (AP) — Par Petroleum Corp. (PARR) on Tuesday reported a loss of $55.7 million in its fourth quarter. On a per-share basis, the Houston-based company said it had a loss of $1.01.
President Trump announced plans to rapidly refill the Strategic Petroleum Reserve (SPR), which had been significantly ...
We sell different types of products and services to both investment professionals and individual investors. These products and services are usually sold through license agreements or subscriptions ...
Nigeria key destination for sustainable investments - Tinubu The Secretary General of the Organization of the Petroleum Exporting Countries, Haitham Al-Ghais, has said the organization's commitment to ...
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