Exxon CEO calls Venezuela 'uninvestable'
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The complex political situation in Venezuela could harm new investments and will likely keep big oil on the sidelines while the new Venezuelan oil power players emerge.
It was a week when both oil and natural gas prices logged steep losses. The headlines revolved around supermajor ExxonMobil XOM and Shell’s SHEL Q1 earnings updates. Developments associated with RPC Inc. RES, Equinor ASA EQNR and Matador Resources ...
President Trump is meeting with big oil industry executives Friday afternoon as he pushes U.S. oil companies to invest in Venezuela.
The upcoming earnings reports for big oil and energy companies will tell a story of two different worlds. On the one hand, we will likely see lower profits from simply drilling for oil and gas (or the 'upstream' side of the business). On the other hand ...
ExxonMobil and ConocoPhillips of the US, TotalEnergies of France and UK-headquartered Shell have been selected by Qatar to take part in the expansion of the North Field, the world's largest liquefied natural gas project, according to people familiar with ...
Exxon Mobil (NYSE:XOM), BP (BP) and Shell (SHEL) have held preliminary discussions with Oil and Natural Gas Corp. for a potential partnership in the Indian company's $5B deepwater project in the KG basin, The Economic Times reported Wednesday. The bloc off ...