Oil tanker crisis intensifies as Red Sea attacks divert trade
The oil tanker industry’s old warnings about a shortage of new ships are now impacting the market due to Houthi…
Browsing Tag
oil industry
ExxonMobil agrees to buy Pioneer in $59.5bln deal
ExxonMobil agreed on Wednesday to buy Pioneer Natural Resources, operating in shale oil industry, in a deal worth…
Shell to sell 37.5% stake in PCK Schwedt refinery – sources
Shell in talks to 37.5 percent stake in Germany's PCK Schwedt refinery to Poland's Unimot without specifying a…
BP profit declines by 70% in Q2 of 2023 – report
UK oil and gas major BP has reported on Tuesday a decline in profits by 70 percent to record $2.6 billion (£2…
