Hints and tips:
Showing results for Citco Oil Company
Related Special Reports
...But Equinor is still first and foremost an oil and gas company....
...Ithaca Energy has agreed a deal to acquire almost all of Eni’s UK oil and gasfields in a transaction worth about £750mn that will turn the London-listed company into one of the North Sea’s largest producers...
...Bringing this oil to market will cost billions of dollars. It may well sell down its stake to an international oil company....
...oil sector....
...The short-term swings on Friday showed the markets were in an “agitated” state, said Viktor Katona, head of oil analysis at Kpler, an energy data and research company....
...His views are significant as the oil fund is one of the largest single investors in the world, owning on average 1.5 per cent of every listed company globally and 2.5 per cent of every European equity....
...Europe is less hard-working, less ambitious, more regulated and more risk-averse than the US, according to the boss of Norway’s giant oil fund, with the gap between the two continents only getting wider....
...Between 2019 and last year, Raízen’s revenues more than doubled to BRL$245bn ($47bn) from BR$120bn, according to company figures, placing it 394th on the latest FT-Statista list of the fastest-growing companies...
...Some of the world’s biggest investors including Norway’s oil fund and a Canadian pension giant have failed in a bid to push Samsung’s de facto holding company to increase dividends and share buybacks....
...Worse, banks have cut specialised loans to oil and gas companies as a direct result of the tax....
...But sharp falls in natural gas prices and reduced oil refinery margins dented their earnings in the first three months of the year, causing both companies’ shares to dip in early trading....
...A dozen of the world’s biggest oil and gas companies are expanding a satellite monitoring campaign to detect methane emissions in emerging economies following detection of 26 large leaks of the planet-warming...
...The deal would make Ithaca one of the biggest independent oil producers in the North Sea and could spur further consolidation, as companies seek scale to fund investment and the cost of decommissioning legacy...
...In 2022, the company turned a net profit of around $6bn for the first time in a decade thanks to higher oil prices and a reduced tax burden....
...While more oil could come on line this summer from Opec, which next meets to discuss quotas in June, Sen predicted that oil prices would have to rise further first....
...Van Beurden spent 39 years at the oil major. Daniel Berenbaum joins US fuel cell company Bloom Energy as chief financial officer, succeeding Greg Cameron....
...The revision comes after the company pledged to devote a higher proportion of spending to oil and gas last year, and other oil groups such as BP have slowed their retreat from oil....
...It noticed further emissions nearby, which turned out to be an oil and gas facility. The company contacted SRON, the Dutch space research institute, which verified the findings using an ESA satellite....
...Oil majors and state-owned companies are behind the majority of new discoveries and approvals....
...The company’s market capitalisation has collapsed from more than $4bn in 2017 — when shares traded for more than $20 — to less than $500mn on Tuesday....
...Oil companies make more money today at $90 than they did 10 years ago, when it comes to the long term.”...
...Rising tensions in the Middle East probably also supported prices, along with reports that Mexico’s state-controlled oil company Pemex would limit exports....
...Among companies taking advantage is London-based oil supply company Prax Group, which in December agreed to buy a 37.5 per cent stake in the PCK refinery in Schwedt, north-east Germany, from Shell....
...Barrack also warned that, depending on what the cartel does, the oil market could experience “extraordinary” volatility....
International Edition