Integrated Oil and Gas (TRBC)

Big Oil’s patchy deals record casts shadow over green makeover

Big Oil’s patchy deals record casts shadow over green makeover

Published 01/09/2020

LONDON (Reuters) - As major oil companies prepare to spend billions on renewable energy assets to stay relevant in a low-carbon future, the industry’s patchy [more…]

Factbox: Oil refiners shut plants as demand losses seen continuing

Factbox: Oil refiners shut plants as demand losses seen continuing

Published 17/08/2020

(Reuters) - Oil refiners are permanently closing processing plants in Asia and North America and facilities in Europe could be next as uncertain prospects for [more…]

Equinor appoints new CEO to speed up renewable investments

Equinor appoints new CEO to speed up renewable investments

Published 10/08/2020

OSLO (Reuters) - Equinor (EQNR.OL) on Monday announced the appointment of Anders Opedal as chief executive effective from Nov. 2 as the Norwegian oil and [more…]

BP’s green energy targets will be tough to meet

BP’s green energy targets will be tough to meet

Published 10/08/2020

LONDON (Reuters) - BP (BP.L) will need to invest tens of billions of dollars over the next decade and may have to accept lower returns [more…]

Saudi Aramco’s profit plunges, sees signs of oil market recovery

Saudi Aramco’s profit plunges, sees signs of oil market recovery

Published 10/08/2020

DUBAI (Reuters) - State oil giant Saudi Aramco’s profit plunged 73% in the second quarter of the year, as a slump in energy demand and [more…]

Charging points surge ahead of electric car boom

Charging points surge ahead of electric car boom

Published 15/06/2020

FRANKFURT (Reuters) - The number of publicly accessible charging points for electric vehicles (EV) jumped 60% in 2019, the biggest increase in three years and [more…]

Green hydrogen’s time has come, say advocates eying post-pandemic world

Green hydrogen’s time has come, say advocates eying post-pandemic world

Published 08/05/2020

LONDON (Reuters) - Hydrogen has long been touted as a clean alternative to fossil fuels. Now, as major economies prepare green investments to kickstart growth, [more…]

Coronavirus pushes oil majors to biggest output cuts in 17 years

Coronavirus pushes oil majors to biggest output cuts in 17 years

Published 04/05/2020

LONDON (Reuters) - Oil and gas output from some of the world’s top oil companies is set to drop by over 12% in the second [more…]

Oil prices skid on oversupply, storage capacity fears

Oil prices skid on oversupply, storage capacity fears

Published 27/04/2020

SINGAPORE (Reuters) - Oil prices fell on Monday on signs that worldwide oil storage is filling rapidly, raising concerns that production cuts will not come [more…]

Analyst View: After U.S. oil futures crash, what next?

Analyst View: After U.S. oil futures crash, what next?

Published 21/04/2020

(Reuters) - A historic rout in oil markets sent U.S. crude prices plummeting to as much as minus $40 a barrel as traders rushed to [more…]