BBCNEWS Talking Business June 4, 2024 22:37:00
Is produce more oil. in recent weeks some of the big oil companies have been distributing these record profits to shareholders. what is driving them to do that, rather than investing more of it into green technologies, refineries, exploration? investors are demanding access to this capital and equity that they get their rate of return on their investment. it is not a bad way to reward investors through buy—backs, it is better than dividends, because dividends create the expectation that they will continue. part of what is going on here is the industry is reflecting the demands of the stockho...