Oil and gas companies to invest over $1 trillion in the next decade expanding productionA report from climate campaign group Global Witness reveals that the fossil fuel sector is antici pated to allocate more than $1 trillion worldwide over the next decade for the expansion of natural gas ...
Even with this new focus on core business, oil and gas companies are still pouring cash into the energy transition.Producers of crude oil and natural gas will invest more in their business next year amid a stumbling transition away from hydrocarbons. The development may come as a surprise in ...
Smaller oil and gas companies in the United States have financed themselves with external borrowing from private equity and other sources of financing, which typically has a time horizon of three to five years. Under the timeline of those investments, investors are now ready to get their money b...
Many oil and gas companies are well positioned to become leaders in the energy transition. This is not only because of their global scale, the risk appetite of their investors, their large balance sheet and cash positions, and their long-standing relationships...
BERLIN, Oct. 29 (Xinhua) -- BASF has signed a memorandum of understanding (MoU) with Chinese oil and gas producer SINOPEC to further strengthen an existing partnership of the two companies in upstream and downstream chemical production in China, the German chemicals giant announced on Monday. ...
This concerns Top Gear because it’s also about cars. It’s not just energy for homes and public buildings and offices and industry. The oil companies are dragging their feet in switching to powering electric cars. Indeed most big carmakers have felt the need to invest in charging networks ...
The oil & gas industry includes all the companies involved in the process of finding, drilling, extracting, refining, and distributing the commodity. The industry comprises three categories: upstream, midstream, and downstream. Valuation methods include using discounted cash flow to find the net prese...
Oil and gas companies are in a competitive field. To continue to grow and stay ahead of their competitors, they often need to find ways to reduce expenses. Reducing expenses allows them to grow their profit margins, which they can then invest in methods that will grow the business. If you...
A review of the annual reports of the five oil companies shows that, from 2006 to 2010, earnings were used for the following purposes: Investing $660 billion in upstream oil and gas exploration and production 4 Spending $210 billion in stock buybacks ...
Investors may purchase two types of oil contracts: spot contracts andfutures contracts. To the individual investor, oil can be a speculative asset, a portfolio diversifier, or a hedge against related positions.1516 Large financial institutions and energy companies can also invest in oil and gas pro...