The United States, Britain, Europe and Canada blocked ‘certain’ Russian banks from accessing the Swift international payment system on Saturday as part of another round of sanctions against Moscow.
Share Talk Weekly Energy Sector News Round-Up, 12th February 2022
Oil and gas rig counts, which are early indicators of future output, increased 22 in the week ending February 11, making it the largest increase since February 2018.
BP profits reach an 8-year high thanks to its support for low carbon plans
BP’s 2021 profits were the highest since 2008, thanks to soaring oil and gas prices. The company also increased share repurchases and accelerated its plans to reduce emissions through higher
FTSE 100 opens higher, Pound rallies, Russia halted gas flows to Europe via a key pipeline
The FTSE 100 has made significant gains at the open, erasing most of yesterday’s losses in uncertainty surrounding new Covid restrictions.
Share Talk Weekly Energy Sector News – 31st October 2021
Oil prices extended pre-weekend gains on Monday to hit multi-year highs, lifted by tight global supply and strengthening fuel demand in the United States and beyond as economies recover from
Shell & BP paid zero corporation taxes on North Sea oil and gas production in three years.
According to company filings, Shell and BP have not paid any corporation taxes on North Sea oil and gas production over the past three years.
Shell’s third-quarter adjusted earnings fell 25% to $4.1bn
Unaudited results were reported by the company, but its shareholders lost out due to their large payday.
Gas crisis leads to another big player, BP announcing a $500 million windfall
Two sources familiar with BP’s trading results stated that BP’s trading team earned at least $500million in the third quarter 2021. This was due to a gas crisis that left
Despite the gas price crisis, Shell and BP oil giants reap huge profits
After the global rise in gas prices, Oil giants like Shell and BP expect to make huge profits.
Record High oil prices fuel London markets
BP and Shell were buoyed this morning by oil prices rising to a seven-year high above $80 per barrel, a record.
Share Talk Weekly Energy Sector News – 4th September 2021
Highlights from the small-cap Oil & Gas sector this week