Shell Starts $3.5-Billion Share Buyback as Q1 Profits Trump Estimates
Shell smashed earnings estimates for the first quarter of 2024 and announced a $3.5 billion share buyback.
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Shell smashed earnings estimates for the first quarter of 2024 and announced a $3.5 billion share buyback.
Equinor reported consensus-beating earnings for the first quarter of 2024 on the back of higher production in Norway and rising oil prices
(Reuters) -Exxon Mobil Chief Executive Darren Woods received $36.9 million in total compensation for 2023, up nearly 3% from a year earlier, the oil major said in a regulatory filing on Thursday. And in proxy filing ahead of its May 29 annual meeting of shareholders, Exxon recommended its investors vote against all proposals submitted by a minority of shareholders. Exxon has successfully blocked proposals by activist investors after filing a complaint in court.
Chevron has left Myanmar by transferring its stake in a natural gas field and an associated pipeline to its former partners in the country.
Oil and gas giant PetroChina has seen its stock soar 42% since the start of the year, making it the second-largest company in China by market value.