5 May 2020
French firm Total keeps dividend stable despite fall in profits
French energy major Total has kept its dividend stable despite reporting a sharp drop in first-quarter (Q1 2020) net adjusted profit.
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4 May 2020
Imperial Oil reports significant loss in amid Covid-19 crisis
Canadian firm Imperial Oil has reported a loss of C$188m ($133.24m) or $0.25 per share in the first quarter of this year, compared with the net income of C$293m ($208m)...
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4 May 2020
Chevron to cut 2020 capital spending by additional $2bn
US oil company Chevron has reduced its 2020 capital expenditure (capex) budget by another $2bn to $14bn, but has posted a healthy net profit of $3.6bn in this year's first...
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1 May 2020
India’s Reliance Industries reports slump in Q1 2020 profits
Indian operator Reliance Industries (RIL) has reported a 39% drop in its first quarter profits due to the fall in oil prices and weak demand caused by the Covid-19 pandemic.
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1 May 2020
Shell confirms dividend cut as Q1 2020 earnings nearly halve
Oil major Shell has reduced its first-quarter dividend as revenue decreased by 28% to $60.0bn.
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28 April 2020
Australian firm Worley cuts 3,000 jobs amid Covid-19 crisis
Australia-based engineering services provider Worley has cut 3,000 jobs and secured an extra $465m in loans after collapsing oil prices and the coronavirus pandemic dented its project pipeline.
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27 April 2020
Italian firm Eni reports slump in Q1 2020 profits
Italian oil and gas firm Eni has registered an adjusted operating profit of €1.31bn ($1.41bn) in the first quarter of this year, a 44% fall compared to the first quarter...
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27 April 2020
French firm Total confirms Covid-19 cases in Congo
French oil and gas company Total has reported 14 cases of Covid-19 in its operations in Congo.
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27 April 2020
FDI in a pandemic: How low will the inflows go?
The coronavirus crisis will undoubtedly have a major effect on foreign direct investment (FDI), but which sectors and regions are likely to bear the brunt?
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23 April 2020
Covid-19 impact: Kinder Morgan slashes 2020 capex
US-based pipeline operator Kinder Morgan has reported a smaller-than-expected quarterly profit and has cut its adjusted core earnings forecast this year following a decline in fuel demand sparked by coronavirus...