Shareholder payout to stay despite 73% fall in quarterly profits due to impact of Covid-19
Saudi Aramco joins Oil and Gas Climate Initiative pledge but critics say targets are insufficient
WASHINGTON (Reuters) – U.S. President Donald Trump and Abu Dhabi Crown Prince Sheikh Mohammed bin…
RIYADH (Reuters) – Saudi Arabia does not have Boeing 737 MAX planes in its own aircraft registry, an official with the civil aviation authority said on Wednesday.
HOUSTON (Reuters) – Iran has lost $10 billion in revenue since U.S. sanctions in November have removed about 1.5 million barrels per day (bpd) of Iranian crude from global markets, a U.S. State Department official said on Wednesday.
HOUSTON (Reuters) – Exxon Mobil Corp is considering exploring for oil and gas in Israel, said a person with direct knowledge of the matter, in what would make Exxon the first oil major to operate in the country still technically at war with Gulf Arab states.
World’s most profitable company posts net profits of $16.64bn for first quarter
WASHINGTON (Reuters) – The Trump administration has nearly completed a long-awaited Israeli-Palestinian peace plan but is still struggling to decide how and when to roll it out, a senior White House official said, acknowledging that Washington faces a “disconnect” with Palestinians over its planned U.S. embassy move to Jerusalem.
NEW YORK (Reuters) – A group of investors led by SoftBank Group Corp and Toyota Motor Corp is in talks to invest $1 billion or more into Uber Technologies Inc’s self-driving vehicle unit, which would value the unit at $5 billion to $10 billion, said two people familiar with the talks.
DUBAI/SINGAPORE/BEIJING (Reuters) – Rising Russian and U.S. competition has pushed Saudi Aramco to find new buyers for its oil in China, encouraging a shift toward independent refiners and newcomers to the business.
DUBAI (Reuters) – Saudi Arabian airline flyadeal will wait until investigations into two Boeing 737…
HOUSTON (Reuters) – A glance at the attendee list at one of the world’s largest energy industry events in Houston this week left little question about the growing influence of the United States over global oil politics.