Shell, Equinor to create UK’s largest independent oil and gas company

Shell, Equinor to create UK’s largest independent oil and gas company

The Equinor ASA offshore oil drilling platform on Johan Sverdrup oil field in the North Sea off the coast of Norway, on Monday, Feb. 13, 2023. Bloomberg | Bloomberg | Getty Images Oil major Shell and Norway’s Equinor on Thursday announced plans to combine their British offshore oil and gas assets to create a jointly … Read more

British oil giant BP posts $2.3 billion in third-quarter profit

British oil giant BP posts .3 billion in third-quarter profit

British oil and gasoline company BP (British Petroleum) signage is being pictured in Warsaw, Poland, on July 29, 2024. Nurphoto | Nurphoto | Getty Images British oil major BP on Tuesday reported its weakest quarterly earnings in nearly four years, weighed down by a slump in crude prices and lower refining margins. The energy firm posted underlying replacement … Read more

BP beats profit expectations after warning of weaker oil refining

BP beats profit expectations after warning of weaker oil refining

A general view of the BP logo and petrol station forecourt sign on January 22, 2024 in Southend, United Kingdom. John Keeble | Getty Images News | Getty Images British oil giant BP on Tuesday reported stronger-than-expected net profit for the second quarter and raised its dividend despite previously warning of significantly lower refining margins. The oil … Read more

Shell beats profit estimates, launches $3.5 billion share buyback

Shell beats profit estimates, launches .5 billion share buyback

The Shell logo is displayed outside a petrol station in Radstock on February 17, 2024 in Somerset, England. Matt Cardy | Getty Images News | Getty Images British oil giant Shell on Thursday reported stronger-than-expected first-quarter profit, boosted by higher refining margins and robust oil trading. Shell reported adjusted earnings of $7.7 billion for the … Read more