integrated oil

Leftist President Luiz Inácio Lula da Silva has called for more control of gasoline and diesel prices, which analysts see as a possible return to costly fuel subsidies. Leftist President Luiz Inácio Lula da Silva has called for more control of gasoline and diesel prices, which analysts see as a possible return to costly fuel subsidies. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink…

Agreement resolves 22-year-old case ahead of trial this month. Agreement resolves 22-year-old case ahead of trial this month. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the owner of the content and do not want us to publish your materials, please…

The oil company’s top management will inhabit a less-lavish executive suite at its glass-dominated campus near Houston. The oil company’s top management will inhabit a less-lavish executive suite at its glass-dominated campus near Houston. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials…

The energy giant’s earnings fell 19% in the first quarter but it announced an additional dividend payout, underscoring Saudi Arabia’s dependence on oil revenues. The energy giant’s earnings fell 19% in the first quarter but it announced an additional dividend payout, underscoring Saudi Arabia’s dependence on oil revenues. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to the…

Not long ago, Warren Buffett seemed like he was mostly done with oil stocks. The renowned investor lost big on an oil-company investment in 2008, and bailed out of another in 2014. He assured his shareholders he had learned his lesson. Then, last year, Mr. Buffett built up a fresh $39 billion bet. Not long ago, Warren Buffett seemed like he was mostly done with oil stocks. The renowned investor lost big on an oil-company investment in 2008, and bailed out of another in 2014. He assured…

British oil major BP beat expectations in the first quarter on strong results from trading oil and gas, and said it will buy back a further $1.75 billion in shares. BP’s first-quarter underlying replacement-cost profit—a metric similar to net income that U.S. oil companies report—of $4.96 billion exceeded the $4.27 billion average forecast by 25 analysts in a survey compiled by the company. It compared with $6.25 billion a year prior. British oil major BP beat expectations in the…

Exxon Mobil Corp. and Chevron Corp. collectively posted $18 billion in first-quarter profits, showing resilience even as oil and natural-gas prices declined. The Western world’s largest oil companies rocketed to record earnings last year as energy prices soared following Russia’s invasion of Ukraine. This year, investors fear an economic slowdown could suppress energy prices, while rising supply-chain costs have steadied at high levels. This suggests Exxon and Chevron’s cash gusher peaked last year,…

Technology companies including Google parent Alphabet Inc. and Amazon . com Inc. as well as stalwarts from the food, pharmaceutical and energy sectors, highlight a busy earnings week amid concerns about the U.S. economy. The coming reports will provide clues to investors about how companies fared in the first quarter of 2023 as the recent banking crisis, continuing layoffs in sectors such as technology, and inflation weighed on the economy. Technology companies including Google parent…

SINGAPORE—For years, China has bought oil and gas from the Middle East. Now, Chinese companies are making big investments in parts of the energy infrastructure. The deals are allowing Beijing to diversify its energy supplies and gain strategic leverage as it becomes a bigger power broker in the region, while giving its companies access to technical expertise in areas of the industry long dominated by Western companies. SINGAPORE—For years, China has bought oil and gas from the Middle…

Exxon Mobil Corp. Chief Executive Darren Woods’s compensation rose 52% to $35.9 million last year, as the oil-and-gas company brought in record profit.  Most of Mr. Woods’s compensation came from stock awards of $24.9 million, according to a company filing Thursday made to the U.S. Securities and Exchange Commission. That is up more than $11 million from the year prior.  Exxon Mobil Corp. Chief Executive Darren Woods’s compensation rose 52% to $35.9 million last year, as the…