Shell boss sees ‘room for spending’ on upstream projects in 2021
Shell’s boss said today that the recent “strong recovery” in oil prices meant the supermajor would have “room to spend” cash on upstream projects, including in the North Sea.
Dividends
Dwindling dividends could encourage oil and gas investors to favour renewables
Low prices and dwindling dividends could encourage more investors to move away from oil and gas in favour of renewables, according to a leading oil and gas lawyer.
Analysts predict historic BP dividend cut, all majors to post Q2 losses
For the first time since the West’s five energy supermajors were created in the early 2000s, all of them are set to post a quarterly loss.
Big Oil’s big crisis: Saving sacred dividends from collapse
To understand the crisis engulfing the world’s largest oil companies, just look at their dividend yields.