Shell Pledges Extra Buybacks, Hikes Dividend as Profit Drops
Shell Plc’s second-quarter profit fell from the highs seen last year but the company pledged extra share buybacks
2023-07-27 15:51
Buffett Lifts Fossil Fuel Bets as Global ESG Push Mints Bargains
Warren Buffett’s multibillion-dollar purchases of oil and gas investments early in the pandemic paid off when the sector
2023-07-25 17:55
Asia Shares Set to Gain as China Vows Stimulus: Markets Wrap
China is set to lead Asian stocks higher on optimism of more economic stimulus to come from Beijing,
2023-07-25 06:51
Chevron Considers Lithium Production in Latest EV Bet by Big Oil
Chevron Corp. is considering opportunities to produce lithium that would be used in electric vehicle batteries, Chief Executive
2023-07-24 23:26
Big Oil’s Weak Chemical Margins Add to Pain of Cheaper Crude
Plunging margins for petrochemicals are set to take a bite out of Big Oil’s quarterly profits, adding to
2023-07-24 15:46
Chevron Beats Earnings Forecasts While Extending CEO’s Tenure
Chevron Corp. posted better-than-expected earnings as output in the Permian Basin soared to a record and the oil
2023-07-24 07:49
Chevron Posts $6 Billion Quarterly Earnings, Beating Estimates
Chevron Corp. reported second-quarter earnings of $6.01 billion, beating analyst estimates. The figures, while down 48% from the
2023-07-24 04:47
HSBC Votes Against Big Oil More Often Than Peers, Analysis Shows
The investment arm of HSBC Holdings Plc is ahead of peers in backing shareholder resolutions designed to force
2023-07-17 13:17
Big Oil’s Pullback From Clean Energy Matters Less Than You Might Think
The world’s five biggest publicly listed oil and gas companies posted just under $200 billion in total profits
2023-06-25 22:55
Gas Is Here to Stay for Decades, Say Fossil Fuel Heavyweights
The biggest fossil fuel players are making the message clear: the transition to a green future will require
2023-06-24 09:20
Biden Biodiesel Quotas Deal Blow to Plant-Based Fuel Makers
The Biden administration handed a setback to makers of bio and renewable diesel with federal quotas for the
2023-06-21 08:57
Shell’s New CEO Goes to New York to Show Oil Investors the Money
Shell Plc’s new Chief Executive Officer Wael Sawan is adamant that the oil giant is undervalued compared to
2023-06-13 13:19