Two projects worth $45 billion announced this month show the world’s largest oil companies are regaining the confidence to make big investments, emboldened by rising crude prices and low costs that promise to trigger more expansion ahead.
As oil and gas companies cut ever-deeper into the bone to weather their worst downturn in decades, boards have adopted contrasting strategies to lead them out of the crisis.
Crude prices have tumbled around 70 per cent over the pa
As debate rises in Washington over the first thaw in relations between Iran and the United States in decades, powerful oil companies - known for theirs strong Capitol Hill presence on every issue from taxes to pollution rules to international tr
The world's biggest oil firms are hoping the past will be no guide to the future when they bid on Tuesday for six of Iraq's biggest oilfields and two gas fields in the war-shattered country's first major tender since 2003.