Oil giant

Oil Giant Shell Snaps up African Solar Provider Daystar Power
Oil giant Royal Dutch Shell will purchase African solar provider Daystar Power as it expands its global renewables portfolio, the companies said on Wednesday.
Crude Oil
Saudi Aramco Profit Soars on Higher Prices and Refining Margins
State oil giant Saudi Aramco on Sunday reported its highest quarterly profit since the company went public in 2019, boosted by higher oil prices and refining ma…
Chevron, Exxon Post Record Quarterly Profits as Commodity Prices Boom
Exxon and Chevron posted record profits during the second quarter of 2022 as high commodity prices boosted operations, and as the oil giants kept spending in ch…
Hydrogen Project
Oil Giant BP Swoops for Largest Stake in $36BN Green Hydrogen Mega-Project in Australia
Supermajor to take 40.5% share and lead operation of 26GW Asian Renewable Energy Hub in Western Australia
Oil & Gas Supply
Exxon Passes $100 Mark for First Time Since 2014
ExxonMobil stock saw a more than 2% boost in share prices on early Wednesday trading, marking a significant comeback for an oil giant that has recently fallen o…
Saudi Aramco Shows Interest in Buying Valvoline’s Commercial Unit
Oil giant Saudi Aramco has approached motor oil and lubricant maker Valvoline Inc to buy its segment that caters to commercial customers, sources familiar with …
Oil Price
Oil Giant Aramco Reports Record First Quarter as Oil Prices Soar
Oil giant Aramco reported a more-than 80% jump in net profit Sunday, topping analyst expectations and setting a new quarterly earnings record since its IPO.
Oil Price
China Oil Giant CNOOC Jumps 20% in First Mainland Trading
Cnooc Ltd. jumped 20% in its first day of trading in Shanghai as mainland investors jumped at the chance for exposure to soaring oil and gas prices.
Carbon Neutral
Shell Cuts Scope 1, 2 and Methane Emissions
Oil giant Shell's first Energy Transition Report shows progress reducing emissions though net carbon intensity falls only slightly in five years.
CNOOC
China's CNOOC to Raise up to $5.08 Billion From Share Issue
Chinese oil giant CNOOC Ltd said on Monday it will raise between 28.08 billion yuan and 32.29 billion yuan ($4.41 billion to $5.08 billion) by issuing new share…
Oil Price
Saudi Aramco’s Full-Year Profit More than Doubles on Soaring Oil Prices
Saudi Arabian oil giant Aramco reported blowout full-year earnings on Sunday, posting a more than doubling in year-on-year net profit to $110 billion.
Hydrogen Fuel Cell Vehicle
Is Hydrogen Fuel Cell Technology Ready for the Mainstream?
Countries and companies worldwide – including automakers and oil giants – have been pouring billions into hydrogen fuel cell technology in the hopes that it w…
Oil & Gas Trade
BP to Exit its 20% Stake in Russian Oil Giant Rosneft
BP Plc will exit its shareholding in Russia’s largest oil company Rosneft PJSC, potentially taking a financial hit of as much as $25 billion.
Hydrogen Project
Australian Duo Make Shortlist for 600MW Green Hydrogen Project in New Zealand
Two of Australia’s most prominent energy players, Fortescue Future Industries and oil giant Woodside Energy, have been included on a shortlist of potential dev…
Oil Price
South Korea's Hyundai Oilbank to Supply 80,000 b/d Middle Distillates to Aramco Trading
South Korean oil refiner Hyundai Oilbank has agreed to provide Won 3 trillion ($2.5 billion) worth of refined oil products to oil giant Saudi Aramco's trading a…

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Oil giant

Oil Giant Shell Snaps up African Solar Provider Daystar Power

Saudi Aramco Profit Soars on Higher Prices and Refining Margins

Chevron, Exxon Post Record Quarterly Profits as Commodity Prices Boom

Oil Giant BP Swoops for Largest Stake in $36BN Green Hydrogen Mega-Project in Australia

Exxon Passes $100 Mark for First Time Since 2014

Saudi Aramco Shows Interest in Buying Valvoline’s Commercial Unit

Oil Giant Aramco Reports Record First Quarter as Oil Prices Soar

China Oil Giant CNOOC Jumps 20% in First Mainland Trading

Shell Cuts Scope 1, 2 and Methane Emissions

China's CNOOC to Raise up to $5.08 Billion From Share Issue

Saudi Aramco’s Full-Year Profit More than Doubles on Soaring Oil Prices

Is Hydrogen Fuel Cell Technology Ready for the Mainstream?

BP to Exit its 20% Stake in Russian Oil Giant Rosneft

Australian Duo Make Shortlist for 600MW Green Hydrogen Project in New Zealand

South Korea's Hyundai Oilbank to Supply 80,000 b/d Middle Distillates to Aramco Trading