Q4 2024 Management View CEO Murray Auchincloss highlighted significant strategic progress in 2024, including 10 new final investment decisions (FIDs), such as Kaskida and Tangguh, new access in Iraq ...

This phenomenon, known as an "economic moat," doesn't just keep rivals ... Thus, beyond doing your own analysis, one way to see where one major firm is placing its bets on the "moat"-ness of ...

Iran's oil minister said imposing unilateral sanctions on crude producers would destabilise energy markets, the ministry's ...

Baker Hughes Company (NASDAQ:BKR), a leading energy technology company, has been making significant strides in positioning itself for growth in an evolving energy landscape. With a market ...

China Petroleum ... does not earn an economic moat. From 2014-23, Sinopec has failed to earn returns that are above its cost of capital, supporting our view. Sinopec’s upstream portfolio ...

Sinopec’s 2024 oil and gas output rose 2.2% year on year ... the weak performance of downstream divisions highlights concerns about China's economic growth and the demand for refining products.

The forecast for 2025 is broadly unchanged from that in the October 2024 World Economic Outlook (WEO), primarily on account of an upward revision in the United States offsetting downward revisions in ...

On January 8, the oil giant stated that it anticipates changes in oil prices to reduce fourth-quarter upstream earnings Q/Q by $(0.9) billion to $(0.5) billion. On the other hand, Exxon Mobil ...

[SMM Analysis: Petroleum Coke Market Prices Continue to Rise, Tight Supply and Demand Drive Short-Term Fluctuation at Highs] In the petroleum coke market, downstream carbon enterprises actively ...

The refiner on average gets 16-17 cargoes of Russian oil in a month, which cover about 35% of its needs. Like other Indian refiners it saw a drop in January, coming three cargoes short, and now faces ...

This would increase the inflow of capex in upstream and add to global supplies," said Mukesh Surana, CEO, Ratnagiri Refinery & Petrochemicals Ltd. In the long term, higher US oil output can "moderate ...

Oil demand generally tracks economic growth. A robust economy can support rising oil prices and oil producer profitability. However, geopolitics and capital allocation also play crucial roles in ...