Tag: Oil and gas industry
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....
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...