Oil gas


 BP Invests In 9 GW US-Based Solar Projects

BP Invests In 9 GW US-Based Solar Projects

June 02, 2021 11:16 PM AEST | By Abhijeet

Summary BP PLC has invested $220 million in a 9-GW pipeline of solar projects in the US. The agreement will bring BP Plc a step closer towards its...

 Chevron, Exxon Face Climate-Focused Investors Rebuke; Shell Pulled Up by Dutch Court

Chevron, Exxon Face Climate-Focused Investors Rebuke; Shell Pulled U...

May 27, 2021 07:22 PM AEST | By Abhijeet

Summary Chevron Corporation and ExxonMobil faced pushback from investors in their annual meetings on May 26. Investors forced the two companies to...

 Oil stocks in focus as Shell to sell its interest in Deer Park Refining

Oil stocks in focus as Shell to sell its interest in Deer Park Refin...

May 25, 2021 07:51 PM AEST | By Suhita Poddar

Summary Shell would be selling its interest in Texas-based Deer Park refinery. The transaction will transfer Shell's full ownership of the refiner...

 BP and Eni Enter Talks to Meld Their Oil & Gas Business in Angola

BP and Eni Enter Talks to Meld Their Oil & Gas Business in Angola

May 19, 2021 11:45 PM AEST | By Suhita Poddar

Oil majors BP Plc and Eni S.p.A. (BIT: ENI) are reportedly in talks for the merger of their oil and gas operations in Angola. If the plan succeeds, th...

 3 FTSE Oil & Gas Stocks in Focus as BP Plans to Sell 28% Stake in Shearwater Field

3 FTSE Oil & Gas Stocks in Focus as BP Plans to Sell 28% Stake in Sh...

May 18, 2021 09:16 PM AEST | By Abhijeet

Summary BP Plc is planning to sell its 28 per cent stake in the Shearwater field to Tailwind Energy Ltd. The Shearwater field is operated by oil m...

 Is BP's New Take on Gas Aligned to Its Own Path to Net Zero Emissions?

Is BP's New Take on Gas Aligned to Its Own Path to Net Zero Emission...

May 18, 2021 02:09 AM AEST | By Abhijeet

Summary Investors have questioned BP championing of gas, saying that it may be at odds with the oil major’s promise to support the Paris Agre...

 Lens on BP Plc and Powerhouse Energy Amid Divergent Climate Change Developments

Lens on BP Plc and Powerhouse Energy Amid Divergent Climate Change D...

May 13, 2021 10:44 PM AEST | By Suhita Poddar

Summary Shareholders of BP Plc voted against a resolution to take the company closer to achieving its climate commitments. Over 79 per cent of tot...

 Lens On 3 Oil & Gas Stocks as Shell Divests US Refinery

Lens On 3 Oil & Gas Stocks as Shell Divests US Refinery

May 06, 2021 12:17 AM AEST | By Suhita Poddar

Summary Royal Dutch Shell Plc to divest its Puget Sound Refinery in Washington to HollyFrontier Corp. The agreement has been finalised at $350 mil...

 Saudi Aramco’s Profit Soars 30 Per Cent as Oil Market Recovers, Dividend Maintained

Saudi Aramco’s Profit Soars 30 Per Cent as Oil Market Recovers, Divi...

May 05, 2021 02:41 AM AEST | By Suhita Poddar

Summary Net income of Saudi Aramco jumped to US$ 21.7 billion for Q1 2021 (Q1 2020: US$ 16.7 billion). The firm’s earnings before interest,...

 BP Plc Reports Q1 Profit Of $4.7 Bn, Announces $500-Mn Share Buyback

BP Plc Reports Q1 Profit Of $4.7 Bn, Announces $500-Mn Share Buyback

April 28, 2021 12:34 AM AEST | By Suhita Poddar

Summary The Q1 2021 profits of BP Plc jumped to $4.7 billion, up from a profit of $1.4 billion in the previous quarter. The company announced it w...

 Focus on 5 High Dividend Yield FTSE Oil & Gas Stocks

Focus on 5 High Dividend Yield FTSE Oil & Gas Stocks

April 27, 2021 11:22 PM AEST | By Suhita Poddar

Summary Many companies, which had withheld dividend, have started resuming payouts. Last year, half of the dividend cuts were from the Oil & G...

 Pantheon Resources Shares Slump Reacting to Talitha #A Well Disappointment

Pantheon Resources Shares Slump Reacting to Talitha #A Well Disappoi...

April 19, 2021 11:45 PM AEST | By Suhita Poddar

Source: Robert Lucian Crusitu, Shutterstock Summary The exploration firm released its operational update for the Talitha #A well stating that it...

 BP Plc to Reach Net Debt Target in Q1 2021; 2 Energy Stocks in Focus

BP Plc to Reach Net Debt Target in Q1 2021; 2 Energy Stocks in Focus

April 07, 2021 02:26 AM AEST | By Abhijeet

Source:Cardaf, Shutterstock Summary BP Plc on Tuesday said it expected to reach its net debt target of $35 bn in the Q1 of this year. The compa...

 3 Oil & Gas Stocks in Focus After Oil Prices Rebound Despite Suez Canal Blockage

3 Oil & Gas Stocks in Focus After Oil Prices Rebound Despite Suez Ca...

March 27, 2021 01:33 AM AEDT | By Suhita Poddar

Source: II.studio, Shutterstock Summary A container ship caused a blockage in the crucial trade artery, Suez Canal, due to storms. The traffic w...

 Royal Dutch Shell Looks for Hydrogen Opportunities in Australia

Royal Dutch Shell Looks for Hydrogen Opportunities in Australia

March 26, 2021 02:09 AM AEDT | By Abhijeet

Source: noomcpk, Shutterstock Summary To achieve net zero carbon emissions by 2050, Shell is scouring Australia for opportunities to develop its...

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

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

March 22, 2021 11:15 PM AEDT | By Abhijeet

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

3 Oil & Gas Stocks with Stable Dividends

March 20, 2021 02:49 PM AEDT | By Abhijeet

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?

What are the recent merger updates unveiled by Premier Oil?

March 19, 2021 02:56 AM AEDT | By Team Kalkine Media

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 Zero emissions by 2030?

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

March 11, 2021 02:05 AM AEDT | By Team Kalkine Media

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?

What led Goldman Sachs raise its crude price forecast?

March 05, 2021 11:32 PM AEDT | By Team Kalkine Media

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...

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