For a long time, oil and gas companies have provided substantial dividends to investors by allocating a significant portion ...
Investors have overlooked the longterm impacts of an oil market meltdown, it said, which is causing US companies to abandon "growth as a strategy" and marks the end of a business model "that broke ...
the oil companies have announced huge quarterly profits and a bumper year overall. In fact, 2022 has been the most profitable year in history for Big Oil. For example, the largest US oil producer ...
demand for oil and gas remains high. While some companies, including Shell, BP, Total and Equinor, have increased their spending on renewable energy and introduced carbon reduction targets. The sector ...