Articles

  • 1 week ago | businesslive.co.za | Sheila Dang |Shadia Nasralla

    Houston/London — Big Oil’s first-quarter earnings have shown a split in how companies are positioned to weather the downturn sparked by a slump in oil prices to a four-year low in April. Investors were focused on whether companies would cut share repurchases, since lower crude prices would leave them with less cash to fund the programmes. Buybacks and dividends are important to investor interest in the industry. US oil producer ExxonMobil and UK-based Shell kept the pace of share buybacks.

  • 1 week ago | money.usnews.com | Sheila Dang |Shadia Nasralla

    ReutersFILE PHOTO: A pump jack operates near a crude oil reserve in the Permian Basin oil field near Midland, Texas, U.S. February 18, 2025. REUTERS/Eli Hartman/File PhotoBy Sheila Dang and Shadia NasrallaHOUSTON/LONDON (Reuters) -Big Oil's first-quarter earnings have shown a clear split in how companies are positioned to weather the downturn sparked by a slump in oil prices to a four-year low in April.

  • 2 weeks ago | ajot.com | Shadia Nasralla

    Shell exceeded analyst expectations on Friday, reporting a 28% drop in first-quarter net profit to $5.58 billion, while holding steady the pace of its share buyback program despite falling oil prices and lower refining margins. That contrasts with rival BP that cut its buybacks this year to try to strengthen its balance sheet and win back investor confidence. "The main (opportunity) for me is, at the moment, the ability to buy back my shares," finance chief Sinead Gorman said in a call.

  • 2 weeks ago | theglobeandmail.com | Shadia Nasralla

  • 2 weeks ago | lanacion.com.ar | Shadia Nasralla

    By Shadia NasrallaLONDRES, 2 mayo (Reuters) - Shell comunicó elviernes unos beneficios ajustados —su definición del beneficioneto— de 5.580 millones de dólares en el primer trimestre, porencima de una previsión media de 4.960 millones de dólares enuna encuesta entre analistas realizada por la empresa.

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Shadia Nasralla
Shadia Nasralla @NasrallaShadia
18 May 23

Shell set for acrimonious annual meeting next week trying to balance investor pressure to capture profits from oil and gas and a vocal minority saying it must move faster to tackle #climate change. #oott with @ronbousso1 .https://t.co/KdJQ6qYnT3

Shadia Nasralla
Shadia Nasralla @NasrallaShadia
18 May 23

Yep, you've read that right. #oott #exxon #climate #emissions https://t.co/xpsJNGWXLE https://t.co/XaZUviVbuH

Shadia Nasralla
Shadia Nasralla @NasrallaShadia
9 May 23

RT @ReutersScience: EU set for tough talks after lawmakers back stricter methane rules https://t.co/y0D0IolziK