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, …
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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 …
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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 …
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Word size Pioneer Resource CEO Scott Sheffield said he expected his company to be one of the winners. Daniel Acker / Bloomberg Scott Sheffield, CEO of Pioneer Resources, said on Tuesday that …
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Energy stock in S&P 500 This year their price has almost halved. There is a possibility of dividend reductions and suspensions in the sector, as companies have sidelined the cash situation amid …
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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. …
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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 …
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The world's largest oil companies are flooded with cash, thanks to rising oil prices. But few, if anything, are spending, even when the prospect of a global oil shortage is looming. Collectively, …
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