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Oil and Gas

Traders monitor Gaza talks, Iran tensions

by Milton Acorn
Traders monitor Gaza talks, Iran tensions

A Palestinian petrol station attendant stands at empty pumps at a closed petrol station in Rafah in the southern Gaza Strip on November 5, 2023, amid the ongoing battles between …

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Categories Science

BP accelerates pace of share buybacks even as full-year profit misses

by Milton Acorn
BP accelerates pace of share buybacks even as full-year profit misses

BP in 2020 set out its ambition to become a net zero company “by 2050 or sooner.” Matt Cardy | Getty Images News | Getty Images Shares of BP rose …

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Categories Science

Oil market will face supply shortage by end of 2025, Occidental CEO says

by Adrian Jhonsan
Oil market will face supply shortage by end of 2025, Occidental CEO says

Occidental CEO Vicki Hollub speaks at the panel dicscussion during the Abu Dhabi International Petroleum Exhibition and Conference held at ADNEC Exhibition Center on October 2, 2023. Ryan Lim | …

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Categories World

WTI, Brent lower on Fed, Gaza ceasefire talk

by Milton Acorn
WTI, Brent lower on Fed, Gaza ceasefire talk

A customer refuels at a Safeway gas station in Hercules, California, US, on Tuesday, May 23, 2023. David Paul Morris | Bloomberg | Getty Images Oil prices fell Monday as …

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Categories Science

Exxon (XOM) Q4 earnings report 2023

by Milton Acorn
Exxon (XOM) Q4 earnings report 2023

Exxon Mobil reported quarterly earnings that beat Wall Street’s expectations, but the company’s profit declined significantly from same period the year prior as oil prices weakened. Exxon declared a dividend …

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Categories Science

Greta Thunberg cleared of public order offense in London oil protest

by Milton Acorn
Greta Thunberg cleared of public order offense in London oil protest

Environmental activist Greta Thunberg leaves Westminster Magistrates’ Court in London, England, on Feb. 1, 2024. Leon Neal | Getty Images News | Getty Images LONDON — Swedish climate activist Greta …

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Categories Science

Chevron (CVX) Q4 earnings report 2023

by Milton Acorn
Chevron (CVX) Q4 earnings report 2023

A Chevron gas station sign is shown on October 23, 2023 in Austin, Texas. Brandon Bell | Getty Images Chevron said its fourth-quarter profits fell sharply from a year ago, …

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Categories Science

Shell beats expectations for full-year 2023 profit

by Milton Acorn
Shell beats expectations for full-year 2023 profit

A Shell logo displayed on a sign at a gas station in Nakuru, Kenya. Sopa Images | Lightrocket | Getty Images British oil giant Shell on Thursday beat expectations for full-year profit, …

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Categories Science

Activist investor urges oil giant to scale back green pledges

by Adrian Jhonsan
Activist investor urges oil giant to scale back green pledges

A general view of the BP logo and petrol station forecourt sign on January 22, 2024 in Southend, United Kingdom. John Keeble | Getty Images News | Getty Images Activist …

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Categories World

Oil prices higher after Iran-linked drone strikes kill U.S. troops

by Milton Acorn
Oil prices higher after Iran-linked drone strikes kill U.S. troops

A drone launch during a military exercise in an undisclosed location in Iran captured in a handout image obtained on Aug. 25, 2022. Iranian Army | West Asia News Agency …

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Categories Science
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