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Oil & Gas

Child income tax credits, oil and gas lease rates

SANTA FE, N.M. (KRQE) – Tuesday, February 7, New Mexico’s legislators will tackle several bills with implications for finances across the state. One on the schedule...

OEUK: Calls for UK windfall tax on oil & gas player’s global profits ‘deliberately misleading’

The release of BP and Shell’s profits announcements gave rise to calls for windfall taxes on energy producers’ global profits...

What Big Oil’s bumper profits mean for the energy transition

In 2022, the six largest western oil companies made more money than in any year in the history of the industry: over $200bn, largely...

Enbridge books Q4 loss due to goodwill impairment charge

Oil Price Canada’s pipeline operator Enbridge (NYSE: ENB) reported on Friday a loss for the fourth quarter of 2022, compared to a profit for the...

The First Major Oil Supply Disruption Of 2023

In what is set to be the first major supply disruption of 2023, Russia has announced a 500,000 bpd voluntary...

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