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Monthly Archives: October, 2020

Botswana rough diamond exports down 66% in third quarter

Botswana's rough diamond exports plunged around 66% in the third quarter compared with the same period last year, data showed on Friday, as the...

PetroChina Q3 profit surges on recovering oil prices, pipeline spin-off

PetroChina Co 601857.SS, 0857.HK, Asia’s largest oil and gas producer, reported a surge of around 350% in third-quarter profit versus a year earlier, owing...

Libya oil production currently at 680,000 barrels per day – source

Libyan oil production currently stands at 680,000 barrels per day, a Libyan oil source told Reuters on condition of anonymity. Libya’s National Oil Corp (NOC)...

Shell reports third quarter results

Shell today announced a cash allocation framework that will enable it to reduce debt, increase distributions to shareholders, and allow for disciplined growth as...

Chevron posts profit on deep cost cuts, improved oil prices

Chevron Corp CVX.N on Friday posted a surprise third-quarter profit as oil prices recovered from spring lows and spending cuts benefited operating results. Chevron and...

Total confirms resilience at $40 billion and maintains dividend

Total SE’s Board of Directors met on October 29, 2020, under the chairmanship of CEO Patrick Pouyanné to approve the Group’s third quarter 2020...

Exxon Mobil’s fading star: no longer the biggest U.S. energy company

Exxon Mobil Corp XOM.N was once the largest U.S. publicly traded company by market value in the United States. Now, the oil major is...

Oil firm whistleblower trapped in Croatian holiday hell

In other circumstances, Jonathan Taylor would be living the dream. Who could say no to an extended stay in the ancient city of Dubrovnik,...

Newmont posts historic Q3 results

The world’s largest gold producer, Newmont has reported the best quarterly results in its history, CEO Tom Palmer has said.. Adjusted net income...

Gold price to climb regardless of election result, analysts say

Gold prices could perform well regardless of who wins the upcoming presidential election, analysts say, pointing to low-interest-rate policy and potential pandemic-related stimulus. While there are...

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