TAG: Big Oil
Oil majors BP and Shell face headwinds as Q2 earnings approach
As BP and Shell prepare to report their second quarter (Q2) results, both oil giants are grappling with challenges in their refining businesses and shifting market dynamics. Here's what investors can expect. BP braces for significant hit BP has warne...
2 months ago
Big oil’s buyback bonanza for investors has a sustainability issue
When John D Rockefeller wanted to punish a rival, he cut prices to force them to operate at a loss. The father of the modern oil industry had a name for it: a “good sweating.” A century later, OPEC+ is giving Big Oil the modern equivalent of Rockefeller’s...
1 month ago