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Oil giants

Oil giants

PetroChina May Exit Some Foreign Projects to Cut Losses

PetroChina may exit natural gas projects in Australia and oil sands in Canada to focus on sites in Africa, Middle…

2 years ago

India’s ONGC to Invest $4bn in New Oil and Gas Searches

India, the world's third biggest oil importer and consumer, ships in over 80% of its needs and wants to monetise…

2 years ago

Oil Majors Face Backlash as Era of Big Profits Returns

Critics call for an end to favourable tax regimes for oil giants, which are again recording multi-billion-dollar profits while 'pushing…

2 years ago