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Big oil’s $45bn new projects signal spending revivalTwo projects worth $45 billion announced this month show the world’s largest oil companies are regaining the confidence to make big investments, emboldened by rising crude prices and low costs that promise to trigger more expansion ahead. More… |
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As Big Oil shrinks, boards plot paths out of crisisAs oil and gas companies cut ever-deeper into the bone to weather their worst downturn in decades, boards have adopted contrasting strategies to lead them out of the crisis. Crude prices have tumbled around 70 per cent over the pa More… |
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Big Oil sits out lobbying on Iran as Congress stands firmAs debate rises in Washington over the first thaw in relations between Iran and the United States in decades, powerful oil companies - known for theirs strong Capitol Hill presence on every issue from taxes to pollution rules to international tr More… |
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Big oil steels for worst, hopes for best, in IraqThe world's biggest oil firms are hoping the past will be no guide to the future when they bid on Tuesday for six of Iraq's biggest oilfields and two gas fields in the war-shattered country's first major tender since 2003. Thirty-two forei More… |
