This Top Oil Stock Plans to Send Investors $10 Billion in Cash in 2025
The oil company sent investors $9.1 billion last year via dividends and share repurchases. Based on current commodity prices, ...
BP CEO Says Oil Major’s Big Reset Has Been a Year in Making
BP Plc CEO Murray Auchincloss insisted that the company’s “fundamental reset” has been in the works for a year, while ...
British oil major BP reports sharp drop in fourth-quarter profit, vows strategy reset
British oil major BP on Tuesday posted a sharp drop in fourth-quarter profit, pledging to "fundamentally" reset the embattled ...
Indian oil companies in talks to buy U.S. LNG supplies
Indian oil companies are looking to buy U.S. liquefied natural gas (LNG), buoyed by the Trump administration's lifting of a ...
India says Russian oil suppliers must provide sanctions-compliant cargoes
India, the No. 2 importer of crude from Russia, wants to buy Russian oil only if it is supplied by companies and ships that ...
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NJ lawsuit claiming oil companies cause climate change dealt massive blow in court
The climate change movement was issued a massive blow on Wednesday after a trial judge permanently closed a Democrat-charged lawsuit claiming that big oil was to blame for climate-caused damages ...
BP Stock Rises After Elliott Takes Stake in British Oil Major
Shares in BP (UK:BP, BP) rose, following news the activist hedge-fund firm Elliott Management had built a stake in the U.K.
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Kazakhstan Seeks Better Terms in Contracts with Foreign Oil Companies
ASTANA – Kazakhstan is preparing to revise its production sharing agreements (PSAs) with major foreign oil companies, ...
BP shares pop 7% after reports activist hedge fund Elliott has taken a stake in the struggling British oil major
BP shares jumped at the market open following weekend reports that activist investor Elliott Management has built a stake in ...