Italy's Intesa Sanpaolo adds to list of banks shunning Papua LNG project
By America Hernandez PARIS - Italy's largest banking group, Intesa Sanpaolo, and the Asian Development Bank (ADB) said they ...
U.S. oil company announces lay off, around 8,000 staff to lose jobs
At the end of 2023, Chevron employed 40,212 people across its operations. A layoff of 20 per cent of total employees would be ...
Exxon Mobil (NYSE:XOM) Readies Guyana Expansion
The good news about oil stock Exxon Mobil (XOM) is that it is not resting on its laurels, content to merely pump out the same ...
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Brazil’s Petrobras seeks African oil assets to boost reserves
Brazil’s Petrobras wants to buy stakes in African oil assets, mainly in Angola, Namibia and South Africa, to boost its reserves as it expects output to fall after 2030, a senior executive said on ...
Chevron struggles to replace oil, gas reserves amid Hess deal limbo
Chevron's oil and gas reserves have fallen to the lowest point in at least a decade, highlighting the importance of the U.S.
Exxon Mobil (XOM) Receives a Buy from Bernstein
In a report released today, Bob Brackett from Bernstein maintained a Buy rating on Exxon Mobil (XOM – Research Report), with a price target of ...
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Exxon Is Quietly Planning New $8.6 Billion Plastics Plant for Texas’s Gulf Coast
Diane Wilson had heard rumors for months that Exxon might be coming to Point Comfort, Texas, which sits on the Gulf Coast ...