Gunvor pulled its offer to buy the international assets of sanctioned Russian oil producer Lukoil after the U.S. Treasury Department said it opposed the deal and called the…
Read more Trump Administration Blocks Gunvor Takeover of Russian Oil AssetsWhen Chevron won a new license to drill in Venezuela, it celebrated a return to one of the world’s richest oil regions, where it had operated for more…
Read more How Chevron Got Caught in the Clash Between the U.S. and VenezuelaWASHINGTON—President Trump has announced substantial new sanctions on Russia’s two biggest oil companies as frustration in Washington grows over the war in Ukraine. The new sanctions, which would…
Read more U.S. Imposes Substantial New Sanctions on Russian Oil GiantsBy Christian Moess Laursen Shell’s annual profits fell last year, although by less than the market had expected, as the European energy sector grapples with lower oil and…
Read more Shell Earnings Beat Forecasts on Strong Gas Trading; Launches $3.5 Bln Buyback — UpdateBy Pierre Bertrand Saudi Arabian Oil Co., commonly known as Saudi Aramco, said that it has been ordered by the Saudi government to keep its oil production capacity…
Read more Saudi Arabia Halts Oil Production Capacity IncreaseIn less than a year, Chevron has gone from being Wall Street’s favorite Big Energy company to a show-me story. Investors who buy the stock now should end…
Read more Chevron Is a Buy. It’s Been Punished Enough.Updated Oct. 31, 2023 4:24 am ET BP said its third-quarter profit rose, benefiting from higher realized refining margins and oil and gas production, although it missed expectations.…
Read more BP Profit Rose on Higher Refining Margins, Strong Oil TradingBP replacement cost profit of $3.29B misses forecasts, announces $1.5 bn buyback Source link
Read more BP PLC 3Q EPS 27.59cUpdated Oct. 23, 2023 5:58 am ET Chevron said it would buy Hess in an all-stock deal worth $53 billion, in the latest sign of consolidation in an…
Read more Chevron to Buy Hess for $53 BillionExxon Mobil Corp. confirmed Wednesday an agreement to buy shale driller Pioneer Natural Resources Co. in an all-stock deal valued at $59.5 billion, or $64.5 billion including debt.…
Read more Exxon Mobil to buy Pioneer Natural Resources in $59.5 billion all-stock dealDavid Scott, the head of Exxon Mobil Co.’s shale oil and gas production business, was arrested in Texas and faces a charge of sexual assault. According to public…
Read more Exxon Mobil’s top shale exec arrested on sexual assault charge in TexasExxon Mobil Corp. XOM, -1.67% is reportedly nearing a deal to buy energy-exploration company Pioneer Natural Resources Co. PXD, +10.45% for $60 billion, a combination that could shake…
Read more Exxon-Pioneer merger: Here’s why FTC’s Khan may shy from a fight with the ‘800 pound gorilla.’Exxon Mobil Corp. is close to a deal to buy shale-drilling company Pioneer Natural Resources for about $60 billion, the Wall Street Journal reported late Thursday. Citing sources…
Read more Exxon near $60 billion deal to buy shale driller Pioneer Natural Resources: reportExxon Mobil Corp. said in a filing late Wednesday that its third-quarter profit is likely to get a bump of around $1 billion from rising crude prices. Exxon…
Read more Exxon expects profit bump from oil prices of around $1 billion in third quarterWeaker Energy Prices Temper Shell’s Profit, but Not Cash Payouts for Investors Source link
Read more Weaker Energy Prices Temper Shell’s Profit, but Not Cash Payouts for InvestorsWe’ve detected you are on Internet Explorer. For the best Barrons.com experience, please update to a modern browser. Summary Summary U.S Europe Asia FX Rates Futures ETFs Crypto…
Read more AMC, Chevron, Tesla, Domino’s, Microsoft, and More Stock Market MoversChevron said it had record production in the shale-rich Permian Basin region in the second quarter. Patrick T. Fallon/AFP via Getty Images Chevron released a second-quarter performance update…
Read more Chevron’s Second Quarter Profit Beats Outlook on Record Shale ProductionChevron Corp. released a second-quarter performance update that was better than expected on Sunday, ahead of the oil major’s earnings announcement this week. Adjusted profit of $3.08 a…
Read more Chevron’s Q2 adjusted profit beats estimates on record Permian production; new CFO announcedAfter a long period of underperformance when compared with the U.S. equity market, stocks in other countries are holding their own this year. One way to lower your…
Read more Buffett is buying in Japan. This overseas value-stock fund is also making bets there. Is it a good way to diversify?ExxonMobil: Eyes on the Permian Prize Source link
Read more ExxonMobil: Eyes on the Permian Prize
