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oil companies

Oil prices settle higher

Oil prices settle higher

Published 10 Oct, 2026 04:39am
HOUSTON: Oil prices settled higher on Friday as Hurricane Isaias churned toward the northern Gulf of Mexico and oil...
POL, HSD prices remain unchanged

POL, HSD prices remain unchanged

Published 16 Jan, 2026 05:52am
ISLAMABAD: The federal government has opted to keep petrol and high-speed diesel (HSD) prices unchanged for the...
California sues oil giants

California sues oil giants

Published 18 Sep, 2023 06:32am
LOS ANGELES: The US state of California sued five of the world’s largest oil companies on Friday, alleging the...
Indian rupee ends flat

Indian rupee ends flat

Published 19 Oct, 2022 05:54am
MUMBAI: The Indian rupee closed little changed against the US dollar on Tuesday, as strong demand for dollars from...
Petroleum sales upbeat

Petroleum sales upbeat

Published 03 Feb, 2022 07:43am
After the seven months of the current fiscal year – 7MFY22, the petroleum consumption in the country is up as seen...
Chevron profit drops on weaker refining margins, storm hit

Chevron profit drops on weaker refining margins, storm hit

Published 30 Apr, 2021 06:48pm
  • Chevron, the second-largest US oil producer, reported a profit of $1.72 billion, or 90 cents per share, compared with $2.45 billion, or $1.31 per share, a year earlier. Year-ago results included about $680 million in asset sales and favorable tax items.
  • Net profit was $1.4 billion, or 72 cents a share, down from $3.6 billion, or $1.93 cents a share, a year earlier.
Russian oil producers struggle to contain gas flaring: document

Russian oil producers struggle to contain gas flaring: document

Published 09 Apr, 2021 07:33pm
  • Flaring, or the combustion of gas generated by various processes in the oil industry, generates carbon dioxide emissions.
  • Climate change poses a series challenge for Russia, with the economy heavily reliant on oil and gas production, as well as mining, and the government is under pressure to cut emissions.
Chevron falls to fourth-quarter loss on weak refining, charges

Chevron falls to fourth-quarter loss on weak refining, charges

Published 29 Jan, 2021 07:49pm
  • Oil companies are expected to benefit from a bounce-back in oil and gas prices after a one-two punch of falling demand and prices put the industry in a tailspin last year.
  • While we're optimistic about vaccines and getting on a pathway to recovery, we're not there right now,
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