To free up cash, BP is eyeing $20 billion in asset sales by 2027, with Castrol ... a return to oil-driven profits will win back investors. But with Elliott Management in the picture, this could ...

Per barrel, BP logs around $50 in opex ... having to look back only as far as 2010s GoM oil spill from which the company is still recovering financially and which forced it to divest some of ...

BP said on Wednesday it would increase annual oil and gas investment to ... The company was reviewing its lubricants business, Castrol, and targeting $20 billion in divestments by 2027. (Only the ...

Those rising cash returns could help give ConocoPhillips the fuel to produce strong total returns for its investors this year if oil continues to hover around $70 a barrel. Devon Energy has ...

BP boosts oil and gas investment to $10 bln annually Cuts annual transition spending by over $5 billion Reviewing Castrol ... 2.3 million and 2.5 million barrels of oil equivalent per day ...

THE price of Nigeria’s Bonny Light crude oil fell by 10.6 per cent to $73.53 per barrel from $84.02 per barrel on January 15th, fuelling fears over achievement of the Federal Government’s ...

with U.S. waterborne crude oil imports dropping to a four-year low in February, driven by a fall in Canadian barrels shipped to the East Coast, according to ship tracking data, as refinery ...

settled at $69.46 a barrel on ICE Futures Europe, up 16 cents, or 0.2%. -- Back on Nymex, April gasoline RBJ25 fell 1.7% to $2.1012 a gallon, while April heating oil HOJ25 shed 0.8% to finish at $ ...

The prices of Brent crude oil have slipped below the $70 a barrel mark while the WTI crude trades around $66 a barrel. US President’s call for tariffs on Canada and Mexico coupled with push for ...

The report indicated that crude inventories increased by 4.1 million barrels ... oil for reserves. Domestic oil production increased from 13.478 million bpd to 13.494 million bpd. From a big ...

Last year the state oil giant produced 705,000 tons, or 5.15 million barrels of shale oil. Following a call from the central government to boost domestic energy security, China's national oil ...