oil and gas

Oil is in charge of half of the global economy!

Oil has long been the world's most important commercial source of fuel, and many predict that it will continue to…

4 years ago

Papua New Guinea-focused Oil Search rebuffs $6.5 bln Santos bid

Oil Search (OSH.AX) rejected an unsolicited takeover proposal from Santos Ltd (STO.AX) valuing the Papua New Guinea-focused oil and gas…

4 years ago

BlackRock CEO calls for stronger climate finance plan at G20 meet

BlackRock (BLK.N) Chief Executive Larry Fink on Sunday called for governments to develop a stronger long-term climate finance plan to…

4 years ago

In a tax dispute, Cairn Energy has the legal authority to take Indian assets!

As part of a long-running tax dispute, UK oil major Cairn Energy has been granted the authority to take Indian…

4 years ago

EXCLUSIVE Shell plans to exit California joint venture with Exxon Mobil -sources

Royal Dutch Shell Plc (RDSa.L) plans to leave Aera, its California-based oil and gas-producing joint venture with Exxon Mobil Corp…

4 years ago

Exxon lobbyist duped by Greenpeace says climate policy was a ploy, CEO condemns statements

A lobbyist for Exxon Mobil Corp (XOM.N) said the company supports a carbon tax publicly because the plan to curb…

4 years ago

EXCLUSIVE Chevron to sell swath of Permian assets valued at more than $1 bln -sources

Chevron Corp (CVX.N) is looking to sell two collections of conventional oil and gas fields in the Permian Basin valued…

4 years ago

Little Engine No. 1 beat Exxon with just $12.5 mln – sources

Activist investor Engine No. 1 spent roughly $12.5 million to win three board seats at Exxon Mobil Corp(XOM.N), less than…

4 years ago

Applying Learning Technologies in the Oil and Gas Sector

Comprising some 3.8% of the global economy, with revenues of some $3.3tr in 2019, the oil and gas drilling industry…

4 years ago

Exxon investors to prod revamped board on net zero carbon study

Investors calling for Exxon Mobil Corp (XOM.N) to study the impact of getting its oil and gas business to net-zero…

4 years ago