OIL

ExxonMobil Digs Deeper into Shale with $60 Billion Pioneer Purchase!

ExxonMobil, a giant in the oil industry, has struck a deal to acquire Pioneer Natural Resources, a major shale oil…

1 year ago

Shell Ads Axed Over Misleading Clean Energy Claims

Oil and gas titan Shell has faced a ban on some of its advertisements due to misleading claims about the…

2 years ago

Oil Prices Bounce Back as Saudi Arabia Announces Major Output Cuts

Oil prices have shot upwards following Saudi Arabia's announcement to cut oil production by a million barrels per day (bpd)…

2 years ago

Saudi Aramco profits increase by almost 300%

Saudi Aramco, a state-owned energy company in Saudi Arabia and the world’s most valuable company, has seen year-on-year profits almost…

4 years ago

VAT to be tripled in Saudi Arabia to 15%

Saudi Arabia, the second largest oil producing nation in the world, has for the last few years been trying desperately…

5 years ago

Oil prices go negative in the US – how and why?

Since the outbreak of the coronavirus in January this year, there have been numerous economic events which have been simply…

5 years ago

Global oil production to drop by 10% as OPEC agrees on an historic deal

The market for oil could be set to rebound following the announcement from OPEC that a deal had been reached…

5 years ago

Crude Oil takes a 30% dive as Saudi Arabia gears up for a price war

The world awoke to the largest drop in oil prices in 29 years today as Saudi Arabia, the world’s second…

5 years ago

Oil prices make a 2% comeback after a 5-day slump

After 5-days of significant loss, oil prices made a comeback on Wednesday with prices increasing by just over 2%. Reports…

5 years ago