The small South American country has become a hot prospect for oil companies looking to produce fossil fuels while spending less.
Tag: Prices (Fares, Fees and Rates)
Saudi Aramco Says Profit Fell 73 Percent as Demand for Oil Shrank
The coronavirus pandemic took a major toll on the oil giant’s earnings, but Aramco will maintain its hefty dividend for shareholders.
A Hedge Fund Bailout Highlights How Regulators Ignored Big Risks
The Dodd-Frank financial law succeeded at making banks safer, but empowered shadowy corners of finance that nearly wrecked the system in March.
Chevron Deal for Oil and Gas Fields May Set Off New Wave of Mergers
With a $5 billion play for Noble Energy, the oil giant is set to acquire properties around the world for a relative bargain. Other companies might make similar moves.
Our Cash-Free Future Is Getting Closer
The pandemic is propelling a shift toward a cashless society in ways that no other single event has. Experts say that’s not necessarily a good thing.
As Energy Prices Tumble, Developing Countries Trim Subsidies
Trying to cut spending as the pandemic reduces tax revenue, governments are finding it easier to lift restraints on what consumers pay for fuel.
Coronavirus Turns a Spanish Sea Delicacy Back Into Daily Fare
With high-end restaurants closed, the price of prawns has tumbled, allowing fishmongers to pick up the shellfish at a discount and offer them to a much broader clientele.
Natural Gas Exports Slow as Pandemic Reduces Global Demand
Businesses in the United States, Israel and other countries were planning to invest billions in export terminals. Now, those projects are being canceled or delayed.
U.S. Businesses Take Steps to Reopen
The latest on stock market and business news during the coronavirus outbreak.
‘I’m Just Living a Nightmare’: Oil Industry Braces for Devastation
Across the United States, companies are laying off workers, shutting down wells and preparing for a prolonged slump as oil prices tumble.