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World s Largest Oil Companies Rake in $281 Billion Profit

World s Largest Oil Companies Rake in $281 Billion Profit
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Abuja federal capital territoryUnited kingdomPatrick galeyEmmanuel addehWood mackenzieAlex beekerShell plcExxon mobilOccidental petroleumInstitute for energy economicsUnited kingdom basedGuardian united kingdomGlobal witnessEnergy economicsFinancial analysis

Oil Majors Pursue Projects with $30 per Barrel Breakeven

Oil majors are now hedging their bets by targeting new oilfields that can be profitable even at $30 per barrel oil

United statesDemerara mahaicaEagle fordWood mackenzieGarrett fowlerAlex beekerHess corpExxon mobil corpOccidental petroleumShell plcChevron corpPioneer natural resourcesMidland basinMidland basinsStabroek blockPasses reversal of biden

Oil majors rejigger portfolios with $30-per-barrel price in mind

The latest oil and gas news, dedicated to all things oil and gas: people, technologies, transactions, trends, and macro-economic analysis that impact commodity prices.

United statesSaudi arabiaNorth seaOceans generalWood mackenziePeter mcnallyPierre breberKathryn mikellsAlex beekerExxon mobilSaudi aramcoOccidental petroleumThird bridgeExxon chief financial officer kathryn mikellsGreat depression

Oil majors reshape portfolios with $30-per-barrel price in mind

The shift to fields with favourable break-even points follows deeper and more frequent boom-cycles in the last decade

United statesNorth seaOceans generalSaudi arabiaWood mackenzieAlex beekerKathryn mikellsPeter mcnallyPierre breberOccidental petroleumExxon mobilSaudi aramcoLog increate freeThird bridgeExxon chief financial officer kathryn mikellsGreat depression

Oil majors rejigger portfolios with $30-per-barrel price in mind

Oil majors are targeting new oilfields that can be profitable even if oil prices fall to about $30 per barrel, using a third year of rising demand to reshape portfolios amid uncertainty over the.

United statesNorth seaOceans generalSaudi arabiaMatthew lewisAlex beekerKathryn mikellsWood mackenzieSabrina vallePeter mcnallyPierre breberExxon mobilOccidental petroleumSaudi aramcoThird bridgeExxon chief financial officer kathryn mikells

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