Oil Companies Aren't Out Of The Woods Yet

It wasn't long ago that the steepest plunge in demand in history erased profits at big oil companies and forced them to dramatically cut costs.

Topics:  oil companies   
BING NEWS:
  • How just 57 companies caused the climate crisis
    The influence of just a small number of companies on global warming is stark and disproportionate. Recent data reveals that only 57 companies, primarily in the oil, gas, coal, and cement ...
    04/17/2024 - 11:40 am | View Link
  • Iraqi, US companies sign agreements to capture, burn gas for power
    Iraqi and U.S. companies signed a series of agreements on Wednesday to capture natural gas traditionally flared from Iraq's oilfields and use it to produce domestic power while reducing dependence on ...
    04/17/2024 - 10:56 am | View Link
  • U.S. Says Oil Companies in Venezuela Can Still Operate Despite Regime Oppression
    Firms that entered Venezuela after U.S. lifted sanctions must apply for licenses on a case-by-case basis to remain in the country.
    04/17/2024 - 8:52 am | View Link
  • Family-owned companies see allure in take-private deals
    Zoom out: Globally, there were 224 take-private transactions last year, up from 191, according to Dealogic data. Leading the charge are Blackstone, Thoma Bravo, CPP Investments, Apollo Global ...
    04/17/2024 - 3:00 am | View Link
  • Tanker companies enjoy an earnings boom
    In 2023, Scorpio Tankers Inc., generated a revenue of US$1.34Bn in 2023, a decrease from the previous year’s US$1.56Bn, marking a year-over-year change of -14.18%. The 2023 net income was US$570M, and ...
    04/16/2024 - 11:57 pm | View Link
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BING SEARCH:
  • International Oil Companies
    Maersk Oil (Danish: Mærsk Olie og Gas A/S) is a Danish oil and gas company owned by the A. P. Moller-Maersk Group. The company was established in 1962 when Maersk Group was awarded a concession for oil and gas exploration and production in the Danish sector of the North Sea. In 1986, Maersk Oil took over the operation of the Dansk Undergrunds ...
    04/16/2024 - 7:37 pm | View Website
  • Ranked: The Largest Oil and Gas Companies in the World
    Using data from CompaniesMarketCap.com, the above infographic ranks the top 20 oil and gas companies by market cap as of October 7, 2021. Big Oil: The Largest Oil and Gas Companies by Market Cap. Given that we often see their logos at gas stations, the largest oil and gas companies are generally quite well-known.
    04/16/2024 - 2:29 pm | View Website
  • 15 Biggest Oil Companies in USA
    Despite the global push towards renewable energy and price fluctuations, the oil industry is expected to thrive for years to come, with major oil companies like Devon Energy (NYSE:DVN),...
    04/16/2024 - 11:23 am | View Website
  • List of largest oil and gas companies by revenue
    Annual ranking of the world's 100 largest oil companies 2021by Petroleum Intelligence Weekly. The Biggest Oil and Gas Companies in the World in 2020by Statista. World's Biggest Oil Companies in 2015by Forbes. Largest oil and gas companies by market capitalization.
    04/15/2024 - 10:30 pm | View Website
  • 4 oil companies had total sales of $1 trillion last year
    MoneyWatch. 4 oil companies had total sales of $1 trillion last year. By Irina Ivanova. February 2, 2023 / 4:36 PM EST / MoneyWatch. Global oil companies have rebounded since the pandemic...
    04/15/2024 - 8:35 pm | View Website
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