Oil giant

Carbon Neutral
Exxon Reveals Full Scope of Fuel Emissions for First Time
Oil giant has come under pressure from activist investors.
Crude Oil
China’s Oil Giants Face NYSE Delisting
Chinese crude oil companies listed in New York may soon be kicked out, after the New York Stock Exchange delisted three telecoms with headquarters in China, due…
Carbon Emissions
Exxon Pledges to Reduce Emissions, but the Details Suggest Nothing Has Changed
Under investor pressure, the company retreated from its refusal to join other oil giants in pledging reductions, with a plan that suggests it will continue busi…
Paris Climate Agreement
Oil Giant Exxon Commits to Emissions Reductions in Line with Paris Agreement
U.S. oil giant Exxon Mobil is setting short-term targets to reduce its greenhouse gas emissions over the next five years as the company responds to investor and…
Oil & Gas Trade
CNOOC China Awards LNG Contract to Aramco Trading
China National Offshore Oil Corp has awarded a tender to buy liquefied natural gas from the trading arm of oil giant Saudi Aramco in Singapore through the Shang…
Oil & Gas Trade
Saudi Gas Production Jumps To Record
Saudi Arabia produced a record volume of natural gas earlier this year, the Kingdom’s state oil giant Aramco said in its Q3 results release on Tuesday.
Warren Buffett Sells Stake in Oil Giant Occidental Petroleum
Warren Buffett’s Berkshire Hathaway has sold its common stock interest in Occidental Petroleum.
Saudi Arabia
Saudi Aramco Profit Collapses But Oil Giant Retains $75bn Dividend
State oil giant Saudi Aramco saw profit collapse nearly 75 per cent in the second quarter as the coronavirus pandemic decimated oil prices around the world.
Oil Price
Saudi Aramco Profit Drops 50% for First Half of the Year as Pandemic Batters Oil Price
Oil giant Saudi Aramco reported a 50% fall in net income for the first half of its financial year, reflecting a devastating year for oil markets and the global …
Mozambique
Total Secures $14.9 bn to Finance Mozambique Gas Project
French oil giant Total on Friday said it had signed a $14.9 billion financing agreement for a gas project in northern Mozambique.
Oil Price
European Oil Giant Slashes Oil Price Forecast To $48 Per Barrel In 2021
Italy's Eni lowered its long-term oil price assumptions on Tuesday.
Oil & Gas Trade
Russia’s Oil Giant Rosneft Quits All Venezuelan Operations
Russia’s largest oil producer, Rosneft, confirmed on Friday that it had discontinued all operations in Venezuela, including in joint ventures, trading, and oil…
Oil & Gas Trade
Saudi Aramco Will Continue to be Under Pressure as First-quarter Profit Slides 25%
Saudi Aramco reported a 25% fall in net income for the first quarter on Tuesday, as the state-owned oil giant battles with a dramatic slide in crude prices and …
Oil Price
Saudi Arabia Raises Oil Prices As Demand Recovers
Saudi Arabia’s oil giant Aramco raised the price for all its crude oil grades to all regions for June in a move that analysts see as the start of demand recove…
Solar Power Plant
Spanish Oil Giant Begins Work on its First Solar Plant
Repsol announced the start of construction on its 126 MW Kappa solar park. The project consists of three plants located in the municipality of Manzanares, Ciuda…

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Oil giant

Exxon Reveals Full Scope of Fuel Emissions for First Time

China’s Oil Giants Face NYSE Delisting

Exxon Pledges to Reduce Emissions, but the Details Suggest Nothing Has Changed

Oil Giant Exxon Commits to Emissions Reductions in Line with Paris Agreement

CNOOC China Awards LNG Contract to Aramco Trading

Saudi Gas Production Jumps To Record

Warren Buffett Sells Stake in Oil Giant Occidental Petroleum

Saudi Aramco Profit Collapses But Oil Giant Retains $75bn Dividend

Saudi Aramco Profit Drops 50% for First Half of the Year as Pandemic Batters Oil Price

Total Secures $14.9 bn to Finance Mozambique Gas Project

European Oil Giant Slashes Oil Price Forecast To $48 Per Barrel In 2021

Russia’s Oil Giant Rosneft Quits All Venezuelan Operations

Saudi Aramco Will Continue to be Under Pressure as First-quarter Profit Slides 25%

Saudi Arabia Raises Oil Prices As Demand Recovers

Spanish Oil Giant Begins Work on its First Solar Plant