Tag: Oil and gas industry
Promoting Low-Carbon Investment Relief for Oil and Gas Industry
The Treasury's announcement of promoting low-carbon investment relief for the oil and gas industry has sparked both relief and concern within the sector. Chancellor Rachel Reeves' plan to expand the levy on energy industry...
TotalEnergies Maintains Investor Payouts Amidst Weak Outlook
TotalEnergies SE, a French energy giant, made headlines by maintaining its commitment to investor payouts and project investments despite facing a profit miss and a challenging outlook for oil markets. While other companies in...
Shell Continues Buyback Program Despite Profit Decline
Shell Plc, a London-based oil and gas major, made headlines as it continued its share buyback program despite a decline in profits. The company reported a drop in profit, attributed to a weak trading...
Wall Street Challenges Trump’s US Oil Surge Plan: Shale Bosses
**Wall Street Challenges Trump's US Oil Surge Plan: Shale Bosses**In a bold move that has sent shockwaves through the oil industry, Wall Street is challenging President Trump's ambitious plan to increase US oil production....