UK: SHEL

When BP leaves Russia, other oil companies are in danger.

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Text size Shell plays a key role in the Russian Liquid Natural Gas Project. Jeff J. Mitchell / Getty Images Oil companies have not been financially strong for decades. Nor were they politically vulnerable. BPBP’s decision to skip its stake in a Russian energy company this weekend Rosneft It shows just how much oil prices … Read more

Exxon, Chevron: Gushers of Cash as Big Oil Companies Backward Investors

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The world’s largest oil companies have been reviving interest rates, with crude oil prices rising sharply over the years. Exxon Mobil Corporation XOM 6.41% On Tuesday, it reported a $ 23 billion profit for 2021, the highest since 2014, including $ 8.9 billion in the fourth quarter. Last week, Chevron Corporation CVX 2.63% It reported … Read more