Category: Energy
Occidental posts $8 billion loss, outlines oil production cuts
(Reuters) – Occidental Corp (OXY.N) on Monday posted a $8.35 billion second-quarter loss on lower…
Saudi Aramco vows to pay $75 billion dividend this year
(Reuters) – Saudi Aramco still plans to pay $75 billion in dividends this year, the…
Exxon appoints Richard Laing as Chairman, CEO of Nigerian business units
ExxonMobil has announced the appointment of Richard Laing as chairman and managing director of its…
Chevron ordered to inspect propane kettles at Gorgon LNG plant in Australia
(Reuters) – Chevron Corp (CVX.N) was ordered on Friday to inspect the propane heat exchangers…
BP to sell large chunk of oil assets
(Reuters) – BP (BP.L) is preparing to sell a large chunk of its oil and…
U.S. Oil Inventory Fell by 7.4 Million Barrels: EIA
Investing.com — U.S. oil stockpiles declined by more than expected for a second-straight week, according…
BP cuts dividend by half in worry over debt pile
Michael Hewson of CMC Markets says BP’s dividend cut is ‘long overdue’, given its huge…
Shell writes down Nigerian oil assets in the midst of OPL 245 scandal
(Reuters) – Royal Dutch Shell said on Thursday its second-quarter writedowns include the OPL 245…
UK’s biggest pension fund, Nest is divesting from oil
The UK’s biggest pension fund, the government-backed National Employment Savings Trust (Nest) scheme with nine…
Greta Thunberg foundation donates $100,000 to ActionAid, Bangladesh, others
Swedish teenage climate activist, Greta Thunberg has donated $100,000 prize money to humanitarian and climate…
