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Quarterly results signal pullback from bumper earnings in past two years
The $40mn pay packet for Darren Woods comes amid debate in London about transatlantic valuation gap
Darren Woods explains ‘business is business’ as US supermajor pursues case that threatens $53bn Hess deal
Top US supermajor says it wants to protect rights to 30% Hess stake in valuable offshore field
Law of averages could catch up with explorers, as typical success rate for a series of offshore wells is around a third
Plus, Shein considers London for its IPO and Blackstone strikes a deal with Barclays
Both sides are in the midst of negotiations over stake in the Stabroek deepwater field that could end up in arbitration
US’s biggest supermajor and China’s Cnooc highlight right of first refusal in Guyana project stake central to acquisition
Oil executives hit out at administration’s move to pause approvals for LNG export terminals
Surging US oil production boosts earnings despite slide in prices after record 2022
US oil major’s shares lag those of ExxonMobil as analysts question production and climate trends
Oil major takes $3.5bn-$4bn impairment charge amid deepening rift with state lawmakers
Oil major’s $54bn Gorgon natural gas project has failed to meet targets for capturing CO₂
Acquisitions will allow more room to manoeuvre if energy transition picks up pace
Forecasts show that demand for oil is reaching its peak, so why are US supermajors doubling down?
The two banks are the biggest winners on Wall Street as energy industry bucks M&A downturn
US supermajors open a controversial fossil fuel frontier in one of Latin America’s poorest nations
Quarterly profits at oil group and rival Chevron miss Wall Street expectations
Plus, Orcel strikes his first deal at UniCredit and the crisis at Atos begins to snowball
The $53bn deal has sparked speculation that BP and Shell may feel forced to respond
All-stock deal comes after ExxonMobil acquired Pioneer Natural Resources earlier this month
Chevron is banking on Hess’s output spiking ever upwards in coming years, as it is projected to do
Oil and gas executive says he will defy critics to make a ‘real world’ case for fossil fuels
Civil action seeks damages to help mitigate costs of global warming caused by fossil fuels
News of strikes at liquefied natural gas facilities stoke fears of global supply disruption
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