LONDON – Royal Dutch Shell PLC made a big bet on natural gas as the energy source of the future when it bought BG Group for $ 54 billion. Five years later, …
Read More »Exxon, Chevron CEO Discusses Merger
Exxon Mobil Chief Officer Corp XOM -2.65% And chevron Corp CVX -4.29% The combination of oil giants was talked about after the epidemic last year shook the world, according to people familiar …
Read More »Oil giant total boy’s stake in world’s largest solar developer
London-French energy giant Total SE said it would pay $ 2.5 billion for a 20% stake in the world’s largest solar developer, the latest move by an oil major to expand into …
Read More »Epidemic pain persists for big oil companies
Major oil companies indicated they are under extreme financial pressure and oil prices have slowed as demand for a fossil fuel uprising began on Thursday, after being crushed by the coronovirus epidemic. …
Read More »BP Cuts came into the dividend for the first time after a record loss. Why the stock is rising anyway.
Word size Getty Images BP stock rose 6.7% on Tuesday, even after the oil giant cut its dividend for the first time in a decade after registering a second quarter loss of …
Read More »