HOUSTON (Reuters) – ExxonMobil Corp is facing losses of about સુધીમાં 48 billion by 2021 amid a bad-time stakes on rising demand, according to Reuters’ Tally and Wall Street estimates that the situation in the U.S. The top oil company will have to make deep cuts. To its staff and …
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WINNIPEG, Manitoba / TORONTO (Reuters) – Canadian energy companies have about Cdn $ 6 billion ($ 4.42 billion) in refinancing needs this year, the Bank of Canada says. FILE PHOTO: Oil pipeline warning signs are seen on a fence in “Refinery Row” outside of the facilities managed by Enbridge, Kinder …
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WINNIPEG, Manitoba / TORONTO (Reuters) – Six years ago, Canadian oil services firm Calfrac Well Services (CFW.TO) had a market value of C $ 2.1 billion ($ 1.55 billion) and was ready for expansion in the US. FILE PHOTO: An oil and gas pump jack is seen near Granum, Alberta, …
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LONDON (Reuters) – BP (BP.L) agreed to sell its global petrochemicals business to billionaire Jim Ratcliffe’s Ineos for $ 5 billion, leaving a sector widely seen as a key driver of growth in oil demand in the coming decades. FILE PHOTO: A BP logo at a service station in London, …
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WASHINGTON, June 25 (Reuters) – The Attorney General for the District of Columbia filed a lawsuit Thursday against Exxon Mobil Corp, BP Plc, Chevron Corp and Royal Dutch Shell Plc for “systematically and intentionally misleading” consumers about the role of their Products play to cause climate change, the latest action …
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