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Caterpillar, Chevron Share Gains Lead Dow's 150-Point Jump
This article was automatically generated by MarketWatch using technology from Automated Insights. Buoyed by positive growth for shares of Caterpillar and Chevron, the Dow Jones Industrial Average is
Rumor has it that Shell (SHEL.US) plans to withdraw from the South African business to adapt to the energy transition trend
Global energy giant Shell is reportedly planning to withdraw its retail, transportation, and refining operations in South Africa.
Shell Confirms Intention to Exit South Africa Operations, DM Says
Shell Plc intends to exit shareholdings in its South African retail, transport and refining operations, Daily Maverick reported.
Scotiabank Reaffirms Their Hold Rating on Exxon Mobil (XOM)
Analysts Offer Insights on Energy Companies: Precision Drilling (PDS) and Exxon Mobil (XOM)
Shell Pumps The Brakes in Malaysia, Gas Station Network Reportedly Up for Sale For $1B
Shell plc (NYSE:SHEL) is reportedly in talks with Saudi Arabia's state-owned oil & gas giant, Saudi Aramco, to sell its gas station business in Malaysia.The deal for the second-largest gas station net
Exclusive-Colombia's Ecopetrol Exploring Participation in Offshore Wind Auction
Rumor has it that Shell (SHEL.US) is negotiating with Saudi Aramco to sell the Malaysian gas station business with a transaction value of up to 1 billion US dollars
The Zhitong Finance App learned that, according to four industry sources familiar with related negotiations, energy giant Shell (SHEL.US) is in negotiations with Saudi Aramco, which is owned by Saudi Arabia, to sell its gas station business in Malaysia. The business is the second-largest petrol station network in Malaysia, and the transaction value could be as high as $1 billion. Shell declined to comment on the negotiations, but said Malaysia is an important country for the company. Saudi Aramco also declined to comment. According to Shell's website, the company wholly owns about 950 gas stations in Southeast Asian countries, second only to Malaysian National Petroleum
JPMorgan Adjusts Price Target on Exxon Mobil to $127 From $123, Keeps Overweight Rating
Exxon Mobil (XOM) has an average rating of outperform and price targets ranging from $110 to $150, according to analysts polled by Capital IQ. Price: 116.86, Change: +0.86, Percent Change: +0.74
Chevron Corp Subsidiary Chevron Pipe Line Company and American Aerospace Technologies Bag US Federal Aviation Administration Permit to Fly Unmanned Aircraft in San Joaquin Valley
Chevron Pipe Line Company (CPL), a subsidiary of Chevron Corporation, and American Aerospace Technologies, Inc. (AATI) received a first-of-its-kind waiver from the U.S. Federal Aviation Administration
Shell In Talks With Saudi Aramco To Sell Gas Station Business In Malaysia For Up To $1B
Shell In Talks With Saudi Aramco To Sell Gas Station Business In Malaysia For Up To $1B
Evercore ISI Downgrades Exxon Mobil to In Line From Outperform, Adjusts Price Target to $243 From $135
Evercore ISI Downgrades Exxon Mobil to In Line From Outperform, Adjusts Price Target to $243 From $135.
Will Earnings Cheer Continue This Week? All Eyes On Disney, Palantir, Robinhood While Reddit Gears Up For Debut Quarterly Report
Earnings reports and a dovish stance from the Federal Reserve lifted stocks last week. Major indices reacted positively, particularly to earnings from high-profile companies that hold significant weig
Are production cuts defending oil prices or forcing competition to increase production? OPEC+ is in a “dilemma”
OPEC+ will meet on June 1 to discuss whether to continue cutting production in the second half of the year.
Apple, Berkshire Hathaway, Perficient, Vistra, Luminar, Palantir, and More Stock Market Movers
Apple stock falls after gaining 6% on Friday, first-quarter operating profit at Warren Buffett's Berkshire Hathaway jumps 39%, and Perficient is being acquired by Sweden's EQT for about $3 billion. Palantir reports earnings after the closing bell Monday.
Tanzanian LNG Project Delayed as Government Seeks to Change Terms, Sources Say
BP Profit to Fall Amid Soft Gas Prices -- Earnings Preview
By Christian Moess Laursen BP is scheduled to report results for the first quarter on Tuesday. Here is what you need to know. UNDERLYING REPLACEMENT COST PROFIT FORECAST: BP is expected to post an u
Does Saudi Arabia have an “iron heart” to support oil prices? Raising the official price in June, sales in Asia increased more than expected
① Saudi Aramco's statement on Sunday showed that Saudi Arabia raised the official selling price (OSP) of Arabian light crude oil in June; ② the price increase for Asia was raised for the third month in a row; ③ industry insiders pointed out that Saudi Arabia's current price increase highlights that Saudi Arabia is still trying to keep the crude oil market tight at a time when the risk of conflict in the Middle East subsides.
Market Chatter: Investors Expect BP to Amend Production Guidance in Climate Target Shift
BP (BP.L) shareholders expect the company to change its guidance on oil production as it further scales back its climate targets, London's Financial Times reported Monday, citing investors oil and gas
AI will fuel the gas boom! Multiple Reports Sing Too Many: Electricity Demand Will Surge By 2030
① The huge energy demand from artificial intelligence and data centers has brought huge upside to the natural gas industry; ② Wells Fargo's report indicates that US electricity demand is expected to grow 20% by 2030; ③ industry figures point out that renewable energy alone may not meet electricity demand, and natural gas will be needed to supplement it at that time.