Big Oil CEOs Blame 'Uncertainties' for Lower First-Quarter Results
05-05-2025 08:56 via industrialinfo.com

Big Oil CEOs Blame 'Uncertainties' for Lower First-Quarter Results

Lower oil prices, rising economic uncertainties and growing pessimism among consumers lowered first-quarter financial results from four large integrated oil supermajors: Exxon Mobil Corporation (NYSE:XOM) (Spring, Texas), Chevron Corporation (NYSE:CVX) (Houston, Texas), Shell plc (NYSE:SHEL) (London, England) and BP (NYSE:BP) (London, England).
Read more »

Production & Industry news



Technip Racks Up Backlog Wins from U.S. LNG, E-Fuel Projects
Technip Racks Up Backlog Wins from U.S. LNG, E-Fuel Projects
IIR Energy's First-Quarter 2025 Data Insight: U.S. Power Plants Under Construction
IIR Energy's First-Quarter 2025 Data Insight: U.S. Power Plants Under Construction
Dallas Fed Sees Tariff Pressures on Break-Evens
Dallas Fed Sees Tariff Pressures on Break-Evens
Venture Global Secures Funding for CP2
Venture Global Secures Funding for CP2
Brazil's Petrobras Reports Flat Hydrocarbon Production in Q1, Drop in Product Sales
Brazil's Petrobras Reports Flat Hydrocarbon Production in Q1, Drop in Product Sales
Imperial Oil, Swift Current Energy:  Your Daily Energy News
Imperial Oil, Swift Current Energy: Your Daily Energy News
Major Irish Data Center Project Approved
Major Irish Data Center Project Approved
Southern Energy Receives LNG Export, RIGI Approval in Argentina
Southern Energy Receives LNG Export, RIGI Approval in Argentina
U.S., Ukraine Agree to Minerals Deal More Favorable to Ukraine
U.S., Ukraine Agree to Minerals Deal More Favorable to Ukraine
ONEOK Reaps Rewards from Permian Acquisitions, Preps Expansions
ONEOK Reaps Rewards from Permian Acquisitions, Preps Expansions
First Solar Earnings Fall Amid 'Uncertainties' in U.S. Solar Market
First Solar Earnings Fall Amid 'Uncertainties' in U.S. Solar Market
U.S. Manufacturing Activity Continues Contraction Amid Tariff Environment
U.S. Manufacturing Activity Continues Contraction Amid Tariff Environment
U.S. Data Show February Was a Record-Setter for Natural Gas
U.S. Data Show February Was a Record-Setter for Natural Gas
Become an Energy Superpower, Canadian Companies Tell Parliament
Become an Energy Superpower, Canadian Companies Tell Parliament
Desktop versie