ExxonMobil records a net profit of $7.61 billion in 4Q, surpassing consensus estimates, while Chevron reports results affected by declining refining margins.
ExxonMobil records a net profit of $7.61 billion in 4Q, surpassing consensus estimates, while Chevron reports results affected by declining refining margins.
Trafigura, the major commodities trading giant, has been convicted by the Swiss Federal Criminal Court for corrupting a foreign public official in Angola, marking a precedent in the commodities sector.
Trafigura, the major commodities trading giant, has been convicted by the Swiss Federal Criminal Court for corrupting a foreign public official in Angola, marking a precedent in the commodities sector.
Shell Canada exchanges its remaining 10% stake in the Albian mines for an additional 10% interest in the Scotford upgrader and Quest carbon capture and storage (CCS) facility, focusing on refining and carbon capture projects while exiting oil sands operations.
Shell Canada exchanges its remaining 10% stake in the Albian mines for an additional 10% interest in the Scotford upgrader and Quest carbon capture and storage (CCS) facility, focusing on refining and carbon capture projects while exiting oil sands operations.
The administrative court of Melun ordered the prefecture to regularize the order authorizing oil drilling at the Nonville concession, deemed illegal on several points, awaiting a final decision in ten months.
The administrative court of Melun ordered the prefecture to regularize the order authorizing oil drilling at the Nonville concession, deemed illegal on several points, awaiting a final decision in ten months.
The imminent prospect of U.S. tariffs on imports from Canada and Mexico is causing concern in oil markets. Combined with an unexpected rise in crude stocks in the U.S., this announcement is impacting global oil prices.
The imminent prospect of U.S. tariffs on imports from Canada and Mexico is causing concern in oil markets. Combined with an unexpected rise in crude stocks in the U.S., this announcement is impacting global oil prices.
After over a decade of restrictions, the European Union is beginning a gradual and conditional lifting of sanctions on Syria’s oil, gas, and financial sectors. A strategic move to support the country's reconstruction after the fall of the Assad regime.
After over a decade of restrictions, the European Union is beginning a gradual and conditional lifting of sanctions on Syria’s oil, gas, and financial sectors. A strategic move to support the country's reconstruction after the fall of the Assad regime.
Negotiations between the Kurdistan Regional Government and Baghdad officially focus on salary payments. Meanwhile, the Iraq-BP agreement to increase production in Kirkuk fuels speculation about a possible resumption of oil exports.
Negotiations between the Kurdistan Regional Government and Baghdad officially focus on salary payments. Meanwhile, the Iraq-BP agreement to increase production in Kirkuk fuels speculation about a possible resumption of oil exports.
