A weaker crude price environment has ramped up the pressure on Big Oil’s commitment to allocating cash to shareholders.
The chemical works in Fife will be fully decommissioned with the process expected to be completed by early 2028.
The Unite trade union has criticised oil giant ExxonMobil as it shuttered its Mossmorran plant. The Fife Ethylene Plant was ...
Lower oil prices are squeezing Big Oil earnings, with crude around $60 per barrel undermining the sustainability of ...
ExxonMobil has closed its Mossmorran plastics plant in Scotland two weeks early with the loss of 400 jobs. The Fife Ethylene Plant (FEP), one of Europe’s largest and most modern ethylene plants which ...
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High-yield Chevron is built to be reliable in an industry known for volatility.
Chevron Nigeria and state-owned NNPC have announced a fresh hydrocarbon discovery in the Niger Delta, marking the American ...
According to Lokpobiri, the transformation of the sector under Tinubu’s administration marked a decisive break from years of ...
Nigeria's government has approved 28 new Field Development Plans valued at $18.2 billion, aiming to unlock 1.4 billion ...
Some of the liquefied natural gas industry’s biggest companies are skipping a key conference in Qatar due to fears that ...
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Activist shareholder ACCR, pension funds urge BP to show shift to oil and gas will deliver value
LONDON, Feb 3 (Reuters) - UK and European pension funds and activist shareholder ACCR are pushing BP to publish more information to prove its strategy of shifting spending from low-carbon to oil and ...
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