Exxon Plans $100B in Capex Through 2030, CEO Tells CNBC
ExxonMobil Holdings Corp. plans to invest more than $100 billion over the next few years to help augment global energy supplies, Chief Executive Officer Darren Woods told CNBC.
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BP Makes New Discovery offshore Brazil
BP announced a new hydrocarbon discovery in Brazil's Santos Basin, in the deepwater Tupinamba block.
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Chevron Exceeds Forecasts
Chevron Corp. surpassed analysts' estimates.
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Bodies Discovered After Rig Sinks Offshore Gabon
'An underwater remotely operated vehicle has located the bodies of three individuals', Borr Drilling revealed.
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Eni Reactivates 'Supergiant' Venezuelan Oilfield
Junin-5 restarted operations following the execution of the new license between Eni and Venezuela, under which the heavy oil field is planned to increase production to 200,000 barrels per day by 2028.
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Ineos Responds to UK Budget
The UK's Autumn Budget was described by global chemical company Ineos as 'a major missed opportunity to save British manufacturing'.
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Equinor Doubles Estimate for Afrodite Gas Discovery
An appraisal well showed that the Afrodite discovery near the Kvitebjorn field on Norway's side of the North Sea potentially holds 77-180 million barrels of oil equivalent recoverable natural gas and condensate.
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BP Posts Highest Quarterly Profit in 18 Years
BP said profit surged to the highest in 18 years as soaring refining margins boosted earnings, while a sharp drop in net debt moved the British energy major closer to a position where it could restart buybacks.
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Oil Wavers on Conflicting Reports of USA Military Moves
Oil fluctuated in a choppy session as traders weighed conflicting signals on the direction of U.S. military strategy in Iran.
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Sinopec's Q3 Profits Soar on Higher Oil Prices
Sinopec, China's biggest oil refiner, posted higher third-quarter profits.