BP Plc plans to sell oil refining and chemical assets in Germany, as the company scales back operations in the country due to ...
Refining: Earnings from gasoline and diesel production dropped sharply to $323 million from $3.2 billion a year earlier due ...
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Lower corporate costs also enabled the company to beat profit estimates, said RBC Capital Markets analyst Biraj Borkhataria.
Annual profits fell, but the oil giants made record distributions to shareholders as production rose to historic levels in ...
The launch of the energy-efficient DeepSeek chatbot roiled tech and power markets in late January. But supermajors Exxon ...
ExxonMobil surpassed earnings expectations, but revenue fell short, highlighting the fourth quarter's achievements and challenges. ExxonMobil is a major integrated energy company, principally ...
Business transformation drove industry-leading 2024 financial performance1 Delivered $33.7 billion in earnings and $55.0 billion in cash flow from operations – third best year in a decade Achieved ...
Exxon and Chevron are still trying to strip ... hit by weaker refining margins and accelerated depreciation of its Los Angeles refinery, which it plans to close later this year.
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