Oil giant

Crude Oil
Oil Giant Chevron Plans to Lay off 20% of Workers in Cost-Cutting Push
Chevron employed 46,500 people globally at the end of 2023, meaning the cuts could affect as many as 9,000 employeesChevron plans to cut its global workforce by…
Oil & Gas Trade
Petrobras’ Total Q4 Production Falls 10.5%, Sales and Exports Also Down
A logo of Brazil's state-run Petrobras oil company is seen at their headquarters in Rio de Janeiro, Brazil October 16, 2019.Brazilian state-run oil giant Pe…
Oil & Gas Trade
Sri Lanka Signs Landmark $3.7bn Deal with Chinese State Oil Giant
Chinese President Xi Jinping (right) shakes hands with Sri Lankan President Anura Kumara Dissanayake during a signing ceremony at the Great Hall of the People i…
Oil Field
Oil Producers Finalise $1.2b Acquisition as Norwegian Firm Exits Nigeria
Nigeria’s independent oil producer, Chappal Energies, has finalised the $1.2 billion acquisition of Norwegian oil giant, Equinor Nigeria Energy Company (E…
Oil Price
Global Oil Prices Drop to $71 as 4th Largest Production Company Cuts Prices for Asia
Global oil prices tracked by Brent futures have fallen to $71 per barrel, remaining below the $75 threshold after Saudi Arabia’s oil giant, Aramco, cut pr…
Crude Oil
Petrobras Announces $3.4 Billion in Extraordinary Dividends
Petroleo Brasileiro SA announced 20 billion reais ($3.4 billion) in extraordinary dividends in a sign that Brazil’s state-controlled oil giant will contin…
Oil Price
Petrobras Outlines $111 Billion, Five-Year Spending Proposal
Petrobras plans to boost spending on new oil drilling and other projects by almost 9% to $111 billion in the next five-year plan.The Brazilian oil giant’s…
Oil & Gas Trade
Qatar Taps Rothschild As Adviser In Bid For Rosneft Units In Germany
Qatar’s sovereign wealth fund is bolstering its efforts to take over the German businesses of Russian oil giant Rosneft PJSC as the government in Berlin l…
Oil Price
BP Beats Estimates Despite Lower Oil Prices
FTSE 100 oil giant BP has reported strong-than-expected earnings for the third quarter.On Tuesday, it posted an underlying replacement cost profit, used as a pr…
Oil & Gas Trade
Italy’s Eni, BP Resume Onshore Drilling In Libya After 10-year Hiatus
Italian energy company Eni and British oil giant BP have resumed exploration in Libya after onshore drilling was halted in 2014, Libya’s national oil corp…
Solar Power Plant
BP Completes Takeover Of Solar Power JV Lightsource BP
British oil giant BP (BP.L), said on Thursday it has taken full ownership of Lightsource BP, after closing the previously announced buyout of the remaining equi…
Oil&Gas Drilling
Brazil’s Petrobras to Pump Natural Gas From Reopened Offshore Well
Brazil's state-run oil company Petrobras logo is pictured at its building in Rio de Janeiro, Brazil July 17, 2023. REUTERS/Ricardo Moraes/File Photo Purchas…
Hydrogen Project
ADNOC to Take 35% Stake in Exxon’s Texas Hydrogen Plant
ExxonMobil logo is seen in this illustration taken, October 6, 2023. REUTERS/Dado Ruvic/Illustration/File photo Purchase Licensing RightsAbu Dhabi state oil gia…
Oil & Gas Trade
BP, ADNOC Meet Cyprus Officials to Explore East Med Gas Investments
Logo of British Petrol BP is seen e at petrol station in Pienkow, Poland, June 8, 2022. REUTERS/Kacper Pempel/File Photo Purchase Licensing RightsRepresentative…
Oil & Gas Trade
Indonesia Seeks Russian Oil for the First Time in Years, Sources Say
A view of state-owned oil giant Pertamina's refinery unit IV in Cilacap, Central Java, Indonesia, January 13, 2016. REUTERS/Darren Whiteside/File Photo Purc…

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Oil giant

Oil Giant Chevron Plans to Lay off 20% of Workers in Cost-Cutting Push

Petrobras’ Total Q4 Production Falls 10.5%, Sales and Exports Also Down

Sri Lanka Signs Landmark $3.7bn Deal with Chinese State Oil Giant

Oil Producers Finalise $1.2b Acquisition as Norwegian Firm Exits Nigeria

Global Oil Prices Drop to $71 as 4th Largest Production Company Cuts Prices for Asia

Petrobras Announces $3.4 Billion in Extraordinary Dividends

Petrobras Outlines $111 Billion, Five-Year Spending Proposal

Qatar Taps Rothschild As Adviser In Bid For Rosneft Units In Germany

BP Beats Estimates Despite Lower Oil Prices

Italy’s Eni, BP Resume Onshore Drilling In Libya After 10-year Hiatus

BP Completes Takeover Of Solar Power JV Lightsource BP

Brazil’s Petrobras to Pump Natural Gas From Reopened Offshore Well

ADNOC to Take 35% Stake in Exxon’s Texas Hydrogen Plant

BP, ADNOC Meet Cyprus Officials to Explore East Med Gas Investments

Indonesia Seeks Russian Oil for the First Time in Years, Sources Say