Aramco To Retain $75 Billion Dividend; 2 FTSE 250 Stocks With 10% Di...

Source: zhengzaishuru, Shutterstock Summary Saudi Arabia based oil giant Aramco has decided to retain its dividend pledge of $75 billion for 202...

3 Oil & Gas Stocks with Stable Dividends

Source: Vadi Fuoco, Shutterstock Summary Lockdown easing shall act as a catalyst for the oil & gas stocks in the near term. Oil & Gas s...

What are the recent merger updates unveiled by Premier Oil?

Source: Oil and Gas Photographer, Shutterstock Summary Premier Oil PLC had reported a revenue of USD 949.4 million during FY20 ended 31 December...

What are the significant measures taken by Tullow Oil to achieve Net...

Source: zhengzaishuru, Shutterstock Summary Tullow Oil PLC had delivered a decline in total revenue to around USD 1,396 million during FY20. TL...

What led Goldman Sachs raise its crude price forecast?

The oil markets seem to have bounced back from a year of pandemic-led crisis. Further upgrading its price target for crude oil in 2021, Goldman Sachs...

What significant factors led AFC Energy to receive its first commerc...

Source: Alexander Kirch, Shutterstock Summary AFC Energy PLC had not reported any revenue during FY20 ended on 31 October 2020. AFC had reporte...

Why Has Royal Dutch Shell Plc Acquired A Little-Known German Company

Source: Robert Lucian Crusitu, Shutterstock Summary Royal Dutch Shell Plc to acquire German virtual power plant operator Next Kraftwerke. The v...

Why oil prices have spiked to pre-pandemic highs of more than US $60...

 Summary Oil prices rose above US $60 a barrel due to a US storm casting a deep freeze across the country, thus prolo...

Why is Shell increasing push towards net zero emissions? 

Summary Royal Dutch Shell pledged to achieve net zero emissions by 2050 driven by growth in its customer-facing businesses. The oil giant reported...

BP Ventures into UK Windfarm Sector with Giant Irish Sea Project

Summary BP announces a formal entry into one of the world’s best offshore wind markets. The wind energy plant co-developed by BP and EnBW is...

EnQuest to buy Suncor’s North Sea Golden Eagle stakes for £240 milli...

Summary EnQuest is set to buy a 26.69 per cent stake of Canada-based firm Suncor Energy's for £240 million (US $325 million) for its Golden E...

BP Flags $5.7 Billion Loss as Pandemic Led to Lessened Oil Demand

Summary The Footsie-listed oil major incurred its first full-year financial loss of $5.7 billion in a decade. BP has written-off its oil and gas a...

What are the recent developments made by ITM Power on its world’s fi...

Summary ITM Power Plc had reported a revenue decline of 92% during H1 FY21 ended on 31 October 2020. The Company had a cash balance of  &poun...

What factors led Tullow Oil to forecast a 16% drop in the oil produc...

Summary Tullow Oil Plc had expected a full year FY20 revenue of USD 1.4 billion. The average realized oil price was estimated as USD 50.8/bbl duri...

Shell (LON: RDSA) To Buy Electric Car-Charging Company Ubitricity

Summary The FTSE 100-listed oil major has decided to buy UK's largest electric-vehicle charging network Ubitricity On-street charging network is c...

BP’s (LON: BP.) CEO Bernard Looney and his restructuring plans

Summary BP is aiming to cut down on fossil fuels and switch to renewable sources of energy by 2030. The oil and gas company had announced 10,000 j...

Royal Dutch Shell PLC (LON: RDSA) withdraws from the Altalto project

Summary Shell stepped back from the waste-to-jet fuel project Altalto Joint Development Agreement, Velocys revealed. The Immingham Altalto project...

Total (EU: CA) acquires 20% minority stake in Adani Green Energy

Summary French oil and energy major Total SE has acquired 20 per cent stake in Adani Green Energy The French oil major aims to gene...

Royal Dutch Shell PLC (LON: RDSA) to cut 330 jobs

Summary The Anglo-Dutch oil giant said that it is planning to shed a quarter of its workforce for its North Sea business by December 2022 The slas...

Getech Group (LON: GTC) Signs Multi-Year Licence Agreement for Its P...

Summary Getech has secured a multi-year licence agreement with a national energy company for its product -- Globe The agreement is expected to add...