Saudi Arabia’s state-owned oil and gas company, Abacic Oil, operates an oil-processing facility in Saudi Arabia. Stanislav Krasilnikov | TASS | Getty Images Oil giant Saudi Aramco reported a 44% drop in 2020 results, but retained its billion 1 trillion dividend payments, with CEO Amin Nasser calling the last 12 …
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Pump jacks are found in California’s Midway Sunset Oilfield. Lucy Nicholson | Reuters The International Energy Agency (IEA) warned on Tuesday that the devastation caused by global oil demand would not be rolled out quickly this month to fight the coronavirus epidemic. “The perceived joy surrounding the launch of vaccination …
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File photo: Coronavirus disease (Covid-19) breaks out in France Reuters U.S. Stock futures stabilized, pointing to further losses above Wall Street, while in Europe, the Stocks 50 index of top eurozone stocks fell to a four-month low. Rising cases in France could lead to another national lockdown, hitting the euro, …
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The BP Company logo is displayed on the fuel pump at the front of a gas station operated by BP PLC in London, UK. Chris Ratcliffe | Bloomberg | Getty Images LONDON – Energy giant BPA posted a modest third-quarter profit on Tuesday, beating analyst expectations as the company benefited …
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Peter Cade | Stone | Getty Images The International Energy Agency said in its annual World Energy Outlook report on Tuesday that the world’s response to Covid-19 could “reshape the future of energy energy” in the coming years. I.E.A. The most important is how the crisis will ultimately affect the …
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