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-Conocophillips on Tuesday reported a third-quarter profit that blew past Wall Street expectations, thanks to a rebound in crude prices to pre-pandemic levels after more than a year of depressed fuel...
ConocoPhillips has reported third-quarter 2021 earnings of $2.4 billion compared with a third-quarter 2020 loss of $0.5 billion. Excluding special items, third-quarter 2021 adjusted earnings were $2.4 billion compared with a third-quarter 2020 adjusted loss of $0.3 billion.
The surprise win earlier this year by activist firm Engine No. 1 of board seats at Exxon Mobil was a watershed event in Big Oil’s ability to control the climate narrative as investors push for change. But the stake revealed this week in Royal Dutch Shell by Dan Loeb’s Third Point Management activist investor firm ...
Dan Loeb says Royal Dutch Shell needs to break up its fossil fuels and renewable energy arms. The idea is central to the future business model of energy giants.
Written by rjs, MarketWatch 666Here are some selected news articles from the week ended 07 August 2021. Part 2 is available here.