oil and gas

oil and gas Articles

The International Energy Agency cut its first-quarter and full-year estimates of demand growth for crude oil. The coronavirus outbreak continues to hit the oil market hard.
BP on Wednesday announced plans to become a net zero emitter of carbon dioxide by 2050. Details won't be announced until September.
Crude oil prices have fallen since the outbreak of coronavirus in China was revealed in early January. Short sellers have been selective with their bets and continue to be so.
According to the U.S. Energy Information Administration, things may be getting worse for the price of oil before they get better.
Russia continues to resist moving up a March meeting of OPEC+ oil ministers to deal with the falling demand for crude caused by the coronavirus outbreak. There are several reasons for that.
Norway's state-controlled oil giant, Equinor, announced Thursday that it plans to cut its carbon intensity by 50% over the next 30 years. Success depends on lowering the company's dependence on oil...
The International Monetary Fund has a new study on the impact of declining demand for oil on the economies of six Persian Gulf nations. Continuing to depend on revenue from oil sales threatens the...
Merrill Lynch suggests that investors look at more defensive energy companies, and these five make sense now for long-term growth investors with some risk tolerance.
U.K.-based BP reported both a profit and revenue beat for the quarter and for the year Tuesday morning. The company also boosted its dividend.
A Fitch Ratings report points out that the coronavirus outbreak could curb oil demand growth if it continues to spread.
Chevron reported a quarterly net loss before markets opened Friday. Impairment charges had been revealed, but weaker pricing contributed to the poor showing.
Exxon Mobil reported estimated fourth-quarter and full-year results early Friday, and investors are not liking what the company had to say. Had it not been for asset sales, the company's report would...
Oil and natural gas producer Chesapeake Energy released preliminary fourth-quarter operational data Wednesday that has given the shares a real shot in the arm.
These four top energy companies pay rich dependable dividends and should continue to battle through the weakness in the sector until we get to the summer driving and travel season.
Short interest has increased on four of six energy stocks we track. Crude prices have been hit hard by worries over the impact of the coronavirus outbreak on demand for oil. Short interest in a...