Finance News – Big Oil
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US woman brings first-ever wrongful death lawsuit against big oil
This landmark legal case could influence future liability risks for energy corporations, potentially impacting their financial stability and increasing costs related to climate cha...
Read Full Article →Bye-bye buybacks? Big Oil's record-breaking shareholder payouts are under threat
A prolonged decline in oil prices has raised concerns about the continued ability of major oil companies to maintain their historically high levels of cash distributions to investo...
Read Full Article →Oil major Shell launches $3.5 billion share buyback after first-quarter profit beat
Shell announced a $3.5 billion share buyback following better-than-expected first-quarter profits, even as the broader oil industry experiences a decline in earnings compared to th...
Read Full Article →Investors fear U.S. Big Oil could cut share buybacks as crude prices slump
Concerns about potential reductions in share buybacks from major oil companies amid declining crude prices may impact investor sentiment, despite expectations of increased first-qu...
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