File photo: An aerial view on January 31, 2019, off the coast of Haifa, Israel, in the Mediterranean Sea, showing the newly arrived base platform of the Leviathan natural gas field. By Mark Israel Salem / Pool, Rears / File Photo HOUSTON (Reuters) – Noble Energy shareholders on Friday approved …
Read More »Exclusive: Exxon shapes global empire as Wall Street worries about dividends
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 …
Read More »US refineries to record worst second-quarter results in a decade
(Reuters) – U.S. oil refineries are expected in the next few days to report the worst second-quarter results in a decade, with output exceeding demand, while pandemic-related closings have undermined trips by summer. FILE PHOTO: Valero Energy Corp. service station shown in El Cajon, California, USA, August 8, 2017. REUTERS …
Read More »China imports more oil from Saudi Arabia than any other country in June
BEIJING (Reuters) – China’s crude oil imports from Saudi Arabia increased 15% in June from a year ago, as refineries ordered record volumes of fuel in March and April when oil prices fell, solidifying the position of the kingdom as the main supplier of oil to China. FILE PHOTO: An …
Read More »Reliance-Google smartphone deal in India threatens Chinese companies
NEW DELHI (Reuters) – A $ 4.5 billion settlement under which Alphabet’s (GOOGL.O) Google will collaborate with Reliance Industries of India (RELI.NS) On a new smartphone it probably heralds a major shake-up for the world’s second-largest mobile market, industry executives and analysts say. FILE PHOTO: The Reliance Industries logo is …
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