Profits dip at ExxonMobil, Chevron on lower crude prices
New York (AFP) - US oil giants ExxonMobil and Chevron reported lower earnings Friday as the decline in oil prices ...
Tuesday, May 5, 2026
Tag: oil industry
Shell’s net profit jumps despite lower oil prices
London (AFP) - British oil and gas giant Shell on Thursday said its net profit rose 24 percent in the ...
As US blows up drug boats, Venezuelan oil sets sail
Caracas (AFP) - While the American military blows up boats it claims are transporting drugs from Venezuela, observers say tankers ...
Russia’s Lukoil to sell overseas assets after US sanctions
Moscow (AFP) - Russian oil giant Lukoil will sell its overseas assets, the company said late Monday, after it was ...
US oil giants produce mainly at home but send more tax dollars overseas
Washington (AFP) - US fossil fuel giants produce most of their oil and gas domestically but pay billions more in ...
Brazil greenlights oil drilling in sensitive Amazon region
Rio de Janeiro (Brazil) (AFP) - Petrobras said Monday it had received a license to drill for oil near the ...
Putin says Russia a top oil producer, despite ‘unfair’ pressure
Moscow (AFP) - Russian President Vladimir Putin said Thursday that his country was still among the world's top oil producers, ...
US sanctions on Serbian oil firm will start October 1: Vucic
Belgrade (AFP) - US sanctions on Serbia's largest oil producer, which is majority Russian-owned, will finally come into force on ...
IEA says more oil and gas investment may be needed
Paris (AFP) - New oil and gas projects may be necessary to maintain current production levels, the IEA said Tuesday, ...
Five things to know about Nigeria’s oil sector
Lagos (AFP) - Africa's biggest oil refinery will on Friday start direct and free shipping of fuel to retailers in ...
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