Shell, BP, Exxon Brace for Lower Oil Prices as Big Oil Cuts Costs
Major oil companies including Shell, BP and Exxon rethink capex and dividends as lower crude prices pressure margins, warning of a tougher…
Major oil companies including Shell, BP and Exxon rethink capex and dividends as lower crude prices pressure margins, warning of a tougher…
Exxon Mobil and Chevron stocks slide as Democrats renew windfall tax threats, raising the prospect of lower profits and sector-wide political risk…
ONGC's quarterly profit surpassed projections on surging oil and gas prices, highlighting strong upstream earnings amid elevated commodity markets.
BP's latest earnings reveal a profit surge powered by exceptional oil trading gains and elevated refining margins during ongoing war, highlighting the…
UK stocks are set to underperform on Monday as sliding oil prices driven by Iran nuclear deal hopes weigh on the energy-heavy…
Exxon and Chevron prioritize debt reduction with windfall profits, strengthening balance sheets and signaling conservative capital allocation that could support stock valuations…
Wall Street analysts recommend renewable and AI stocks over oil majors despite upcoming profit boom, signaling a shift toward growth sectors.
Tullow Oil seeks cheaper refinancing as oil price boost eases debt pressures, lifting investor hopes for improved financial flexibility.
Magnolia Oil (MGY) strikes a $4.06 billion deal to buy WildFire Energy, bolstering its Permian Basin position and signaling continued consolidation in…
Vedanta Oil commits $5 billion to quintuple production, signaling a major expansion in its energy business that could lift Vedanta Limited's stock…
Iraq's decision to push oil output at three key southern fields to full capacity threatens to undermine OPEC+ supply management, likely accelerating…
BP divests its Canadian offshore oil project stake to Equinor, signaling a strategic shift toward core operations while Equinor expands its North…