Exxon Mobil Corp ( XOM.N ) on Wednesday outlined an ambitious capital spending plan it said would more than double annual earnings by 2025, hoping to allay investor fears that Continue Reading
The U.S. energy secretary blasted renewable fuels champions on Wednesday while the head of Royal Dutch Shell urged the energy sector to focus on world efforts to cut carbon emissions, Continue Reading
Royal Dutch Shell could boost its share of natural gas production to triple that of oil in order to meet self-imposed goals to halve carbon emissions by 2050, Chief Executive Continue Reading
Oil major Chevron Corp ( CVX.N ) said on Tuesday it should be able to raise production as planned by between 4 and 7 percent in 2018 and buy back Continue Reading
Chevron expects its 2018 net production to grow by between 4 percent and 7 percent at oil prices at $60 a barrel, the U.S. oil supermajor said in its annual Continue Reading
Exxon Mobil Corp’s ( XOM.N ) $200 million write-downs last month on abandoned ventures in Russia – once its next big frontier – points to challenges facing Chief Executive Darren Continue Reading
Shell has spent the last three years reinventing itself for the energy future it sees in the coming decades. A few years back, Shell was a company struggling to find Continue Reading
Reuters . Exxon, Total, and Hellenic Petroleum have teamed up to bid on a block near Crete, while Repsol and Hellenic Petroleum bid on another block in the Ionian Sea. Continue Reading
China became the second largest LNG importer in 2017, surpassing South Korea. – China’s LNG imports of 5 billion cubic feet per day (Bcf/d) was second only to Japan’s 11 Continue Reading
Oil and gas is not a sunset industry, and low oil prices are not such bad news at all, BP’s chief of upstream operations, Bernard Looney, said recently. Although Looney Continue Reading
