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The energy sector is dragging down the S&P 500’s Q2 earnings, with a projected -24% YoY profit drop due to lower oil prices.
Thai oil and gas giant PTT Exploration and Production (PTTEP) has acquired 50% of Block A-18 in the Malaysia–Thailand Joint ...
As a vote of confidence and a high conviction that this new oil rights deal could significantly brighten Chevron’s earnings future, these institutional players are seeking to extract every bit of ...
Sanctions targeting oil are often ineffective at changing governmental policy and often impose additional costs on companies and consumers.
The move reverses Trump's withdrawal of a permit earlier this year, and could draw criticism from Venezuelans in Florida who ...
Eni Lifts Cash-Flow Guidance, Confirms $1.8 Billion Buyback Despite Headwinds The company confirmed its planned shareholder returns for 2025 of a 5% dividend increase and a buyback program. Trump ...
The Venezuelan opposition leader, who lives in hiding, says in an interview with EL PAÍS that she expects ‘much more’ from ...
With a second refinery closing and possibly more to follow, Newsom may be forced to consider the possibility that petroleum might not be as dispensable or easily replaceable as he thought.