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Big Oil majors posted strong earnings on higher prices but are not increasing production despite a major supply shortfall. Companies are prioritizing dividends, buybacks, and debt reduction instead of ...
It is profit season again, and Big Oil is raking it in, both in Europe and in the U.S., as soaring oil and gas prices boost earnings. What they are not boosting, however, is production. Big Oil is ...
Rs 200 crore unit targets import substitution and export opportunities while strengthening margins and aligning with global supply chains under PLI scheme Eveready Industries CEO Anirban Banerjee ...
Shell said it has agreed to buy Canada’s ARC Resources in a deal valued at $16.4 billion. The transaction is expected to boost Shell’s long-term oil and gas production. ARC Resources is a company ...
Google rebrands Vertex AI platform under Gemini Enterprise banner AI agents are focal point at annual Google Cloud conference New AI coding features coming in May, Google exec says LAS VEGAS, April 22 ...
Zero1 to launch new finance channels focused on education Short-form content on Instagram to counter misinformation Offline events shift to skill-based workshops and panel talks Did our AI summary ...
Exxon Mobil and Chevron said they will not alter production plans despite the Trump administration’s push to increase U.S. oil output amid soaring energy prices from the Iran war. The companies cited ...
Efforts by President Donald Trump to lower energy prices before the midterms have stalled as Exxon Mobil and Chevron refuse to ramp up production, citing existing strategies. The rejection comes amid ...