Oil & Gas Shell profits could ‘come at a cost’ in form of ‘further windfall taxes’, warn analysts 02/02/2023 By Hamish Penman News of Shell (LON: SHEL) recording record annual profits could come back to bite the oil and gas giant, as well as its counterparts.
Oil & Gas OPEC slashes production, Biden talks tough 05/10/2022 By Ed Reed OPEC has taken the decision to cut production by 2 million barrels per day from its August target, amid growing concerns over weak pricing.
Europe China among the leading contenders to snap up BP’s stake in oil company Rosneft 02/03/2022By Hamish Penman & Damon Evans There is general consensus amongst analysts that oil giant BP will face an uphill struggle to find a buyer for its stake in Rosneft.
Oil & Gas City experts debate when oil prices may rise 19/02/2016 By Phil Allan Aberdeen's oil and gas community heard that crude prices will bounce back to $60 per barrel by the end of the year - then again, they may not.