BP Wants to Simplify the Way Employees Work
BP’s head of digital upstream Rob Kelly says work should be just as enjoyable as being at home. Rob Kelly, head of upstream digital for BP, had just come from Continue Reading
The Top Oil & Gas Companies This Earnings Season
Volatile crude prices and weak refining margins led to lower earnings at all five oil supermajors in the first quarter of 2019, suggesting that Big Oil shouldn’t stay complacent several Continue Reading
Two Exxon shareholders to withhold support for directors over climate change response
Two Exxon Mobil Corp shareholders said on Friday they would withhold their support for the re-election of all ExxonMobil directors at the company’s annual meeting due to the U.S. oil Continue Reading
Shell Beats Estimates And Rivals In Strong Q1
Royal Dutch Shell ( NYSE: RDS.A ), one of the last supermajors to report Q1 earnings, was the one that stood out among the crowd with better-than-expected results, as its Continue Reading
ConocoPhillips Raises Profit and Production in 1Q
The Houston-based independent E&P company raked in double what it made in first-quarter 2018. ConocoPhillips raked in $1.9 billion in earnings in the first quarter of 2019, doubling what it Continue Reading
Baker Hughes Profits Decline, Sales Increase in 1Q
The oilfield services giant saw its net income decline by more than half from last year despite an increase in orders, driven by oilfield equipment. Revenues for Baker Hughes, a Continue Reading
Exxon Sees its Worst Refining Performance in Years
Exxon Mobil Corp.’s worst refining performance in almost two decades may revive questions from analysts about the so-called integrated model engineered by founder John D. Rockefeller and espoused by every Continue Reading
BP’s oil, gas production grows 2% in Q1; lower prices drag on earnings
BP saw its upstream production rise 2% during the first quarter in 2019, helped by new project startups but lower prices and weaker refining margins dragged on its earnings. Upstream Continue Reading
Report: Big Oil Is Spending ‘’Too Much’’ On New Oil Production
Big Oil plans to spend nearly US$5 trillion in capital expenditure over the next decade, much of which would go into adding new production. Yet this money will also bring Continue Reading
Exxon Sees its Worst Refining Performance in Years
Exxon Mobil Corp.’s worst refining performance in almost two decades may revive questions from analysts about the so-called integrated model engineered by founder John D. Rockefeller and espoused by every Continue Reading