The number of Western companies looking to exit from Russia is growing with energy giants BP, Shell, HSBC and the world’s biggest aircraft leasing firm AerCap joining the list. Following Russia’s invasion of Ukraine, Western countries have slapped punitive economic… Read More ›
The United States has imposed sanctions on the company in charge of building Russia’s Nord Stream 2 gas pipeline, in a move that expands US sanctions on Moscow. The sanctions, which target the Nord Stream 2 AG company and its… Read More ›
On Wednesday, Royal Dutch Shell said, it expects its first-quarter adjusted earnings to take a hit of up to $200 million due to an extreme cold snap in Texas in the quarter. In a guidance update ahead of its first-quarter… Read More ›
According to three sources familiar with the matter at hand, Chevron Corp has emerged as a leading contender to acquire one of Royal Dutch Shell Plc’s refineries in the U.S. Pacific Northwest. Shell has been trying to sell its 145,000… Read More ›
Large oil firms, including BP and Shell are expected to benefit from changes made to the U.S tax code. On Tuesday, BP stated it expects a positive outcome from the recent changes in the U.S. tax law on its future… Read More ›
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