Big Oil Has $150 Billion in Cash and Investors Want a Share

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Shell and BP’s Hidden Spark

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European Oil Stocks Rise After OPEC+ Production Cut

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Big Oil Prepares for Upheaval at the Gas Station

[ad_1] TotalEnergies sale of its European service stations shows a more cautious approach to the growth of electric vehicles than at peers Shell and BP. [ad_2] Source link

BP Slows Transition to Renewable Energy as Oil Bonanza Continues

[ad_1] The company said it would slow its transition to lower-carbon energy, as oil-and-gas production helped push the company to a record profit last year.  [ad_2] Source link

Oil Industry’s Windfall Fails to Excite Wall Street

[ad_1] The biggest Western oil companies, Exxon, Chevron and Shell, have delivered record profits, but investors are still wary. [ad_2] Source link

In the Big-Oil Buyback Splurge, Shell Is Especially Generous

[ad_1] Oil-and-gas giants are printing cash as energy prices stay high. Based on the share of its market value it is handing back to shareholders, Shell appears particularly enticing. [ad_2]…

Shell Adds $41 Billion in Profit to Record Annual Haul From Oil Majors

[ad_1] Business Earnings The results bring to more than $132 billion the combined profit last year of the three big majors [ad_2] Source link

Energy Bulls Are Getting Paid to Stay Calm

[ad_1] Markets Heard on the Street Oil and gas stocks are holding steady despite weaker energy prices. Lavish share buybacks may be one reason. [ad_2] Source link

Shell Expects Natural-Gas Profit Rebounded in Fourth Quarter

[ad_1] Business Earnings Oil giant says additional $2 billion impact from European Union and U.K. energy-profit taxes won’t hurt quarterly adjusted earnings [ad_2] Source link