Oil companies

Hungarian oil company MOL has been given the green light from the European Commission to take over OMV Slovenija filling stations after committing to sell 39 stations in Slovenia to the British Shell Group.

ExxonMobil has settled a long-running lawsuit brought by Indonesian villagers who alleged human rights violations by Indonesian military officials providing security to the oil giant.

The two sides agreed to resolve "all matters," said a joint filing from the opposing counsel that did not disclose terms of the agreement.

British energy giant BP reported Tuesday a net profit of $8.2 billion for the first quarter, recovering from a record loss a year earlier as it ended operations in Russia after the Ukraine invasion.

Chevron is preparing to issue a tender to lease a drilling ship to explore for natural gas off Cyprus, Egypt and Israel, it said on Monday.

Reuters this month cited sources saying that the US company had issued a tender seeking a drilling vessel in 2024 for a year with an option to extend for several years.

Saudi Aramco reported yesterday that profits jumped 46 percent last year, highlighting how a surge in oil prices after Russia invaded Ukraine spurred growth in the world's biggest crude exporter.

The Norwegian state raked in record oil and gas revenues last year after the war in Ukraine sent energy prices soaring, official figures showed yesterday.

Norway earned 1.5 trillion kroner ($140 billion) in revenues from oil and gas, according to estimates by Statistics Norway (SSB).

Alamy Photo

ExxonMobil reported record annual profits of $55.7 billion in 2022 on Jan. 31, reflecting higher commodity prices amid recovering demand and the impacts of Russia's invasion of Ukraine.

In the fourth quarter, profits rose 43.7 percent to $12.8 billion, thanks to higher oil and natural gas prices and better refining margins compared with the year-ago period.

The UK's Royal Opera House announced on Jan. 25 that it had ended its 33-year sponsorship deal with energy giant BP following pressure and protests from environmentalists.

A Greece-flagged vessel is among two tankers chartered by Chevron Corp to load Venezuelan heavy crude at the South American country and should depart in coming days for the United States, according to shipping documents and sources.

Τhe seismic data ExxonMobil's Sanco Swift research vessel has collected so far offer clear indications of the existence of an important hydrocarbon field in the area south of Crete.