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.
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.
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’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
The FTSE 100 has made significant gains at the open, erasing most of yesterday’s losses in uncertainty surrounding new Covid restrictions.
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
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.
Unaudited results were reported by the company, but its shareholders lost out due to their large payday.
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
After the global rise in gas prices, Oil giants like Shell and BP expect to make huge profits.
BP and Shell were buoyed this morning by oil prices rising to a seven-year high above $80 per barrel, a record.
Highlights from the small-cap Oil & Gas sector this week