Companies Stall Climate Action Despite Earlier Promises
Cutting emissions is proving harder for larger companies to achieve than making commitments to cut those emissions. Source link
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Weaker Energy Prices Temper Shell’s Profit, but Not Cash Payouts for Investors
The oil major boosted its dividend and added a $3 billion buyback in its first quarterly results release since its...
Shell Launches New Strategy Courting Investors, Not Activists
The energy major said it would share billions more from its record profits with investors while deepening its commitment to...
BP Slows Transition to Renewable Energy as Oil Bonanza Continues
The company said it would slow its transition to lower-carbon energy, as oil-and-gas production helped push the company to a...
Shell Adds $41 Billion in Profit to Record Annual Haul From Oil Majors
BusinessEarningsThe results bring to more than $132 billion the combined profit last year of the three big majors Source link
Exxon Hits Record Profits Again as Oil Industry Sees Banner Quarter
The world’s largest oil companies continue to reap rewards from sustained high commodity prices as Exxon XOM 2.93% Mobil Corp....
Shell, Awash With Cash, to Boost Dividend, Share Buybacks
LONDON— Shell SHEL 0.95% PLC said it plans to boost its dividend and buy back another $4 billion of its...
Russia Wipes Out Exxon’s Stake in Sakhalin Oil-and-Gas Project
The Kremlin has pushed Exxon XOM 1.44% Mobil Corp. out of a major Russian oil-and-gas project and transferred the Texas...
Russia-Ukraine Crisis Has Western Companies Bracing for Sanctions Hit
Western companies with operations in Russia and Ukraine are girding for the potential impact of fresh sanctions after Russian President...
