French oil company TotalEnergies SE and Norway’s Equinor ASA are exiting a key venture in Venezuela, adding to an exodus of foreign firms in recent years as the country’s energy industry has withered. SourceContinue Reading

APA Corporation announced drilling success and updated the status of its appraisal program offshore Suriname in Block 58. The primary objective of the first phase of the appraisal drilling program is to deliver a fast-track, black oil development. SourceContinue Reading

Shell Reports $5.5 Billion Net Profit And Hikes Dividends | OilPrice.com Irina Slav Irina is a writer for Oilprice.com with over a decade of experience writing on the oil and gas industry. More Info Premium Content By Irina Slav – Jul 29, 2021, 9:00 AM CDT Anglo-Dutch Shell reported a net profit of $5.5 billion...Continue Reading

French oil company TotalEnergies SE and Norway’s Equinor ASA are exiting a key venture in Venezuela, adding to an exodus of foreign firms in recent years as the country’s energy industry has withered. SourceContinue Reading

Royal Dutch Shell raised its dividend by almost 40% and said it will buy back $2 billion of shares, continuing an effort to win back investors as stronger oil prices and a buoyant chemicals market lifted earnings. SourceContinue Reading

Shrinking Global Populations Poses An Existential Threat To Oil | OilPrice.com Alex Kimani Alex Kimani is a veteran finance writer, investor, engineer and researcher for Safehaven.com.  More Info Premium Content By Alex Kimani – Jul 28, 2021, 7:00 PM CDT About a week ago, Saudi Energy Minister Prince Abdulaziz bin Salman made waves in the...Continue Reading

Oil Majors Are Primed For A Massive Earnings Season | OilPrice.com Alex Kimani Alex Kimani is a veteran finance writer, investor, engineer and researcher for Safehaven.com.  More Info Premium Content By Alex Kimani – Jul 28, 2021, 6:00 PM CDT Earnings season is here with us once again, with a quarter of S&P 500 companies...Continue Reading

Why Exxon Is Doubling Down On Guyana’s Offshore Oil Boom | OilPrice.com Matthew Smith Matthew Smith is Oilprice.com’s Latin-America correspondent. Matthew is a veteran investor and investment management professional. He obtained a Master of Law degree and is currently located… More Info Premium Content By Matthew Smith – Jul 28, 2021, 5:00 PM CDT Global oil...Continue Reading

Why Won’t Foreign Investors Back Kazakhstan’s Renewable Revolution? | OilPrice.com Eurasianet Eurasianet is an independent news organization that covers news from and about the South Caucasus and Central Asia, providing on-the-ground reporting and critical perspectives on… More Info Related News By Eurasianet – Jul 28, 2021, 4:30 PM CDT In May, Kazakhstan’s president upped the...Continue Reading

Why Norway Won’t Give Up On Oil & Gas | OilPrice.com Tsvetana Paraskova Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews.  More Info Premium Content By Tsvetana Paraskova – Jul 28, 2021, 4:00 PM CDT Norway doesn’t have any second thoughts about...Continue Reading