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 ...

Smaller producers will likely pull back on activity if oil prices fall below $60 a barrel, Fred Forthuber, president of OXY ...

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 ...

According to the data published by the NUPRC, Nigeria’s crude oil production stood at 1.737 million barrels per day in ... malfeasance in Africa. Using photos, text, and video dynamically ...

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 ...

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 ...

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 ...

Oil gained as much as 1% on Friday amid supply worries after Treasury Secretary Scott Bessent told Fox Business, "We are committed to bringing the Iranians to going back to 100,000 barrels per day ...

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 $ ...