Shell said it is planning to grow its upstream ... invest more in oil and gas in a pivot away from its low-carbon strategy Shell also raised the potential of selling its chemical assets as part ...

Exxon Mobil Corp. engages in the exploration, development, and distribution of oil, gas, and petroleum products. It operates through the following segments: Upstream, Energy Products, Chemical ...

Exxon Mobil (NYSE:XOM) said Thursday that a rise in oil and natural gas prices could contribute as much as $800 million to its first-quarter upstream ... results in the chemical unit are expected ...

Exxon expects each oil ... gas price changes to boost Q1 upstream earnings by up to $0.4 billion. Industry margin shifts may add up to $0.7 billion to energy products earnings but weigh on ...

AUSTIN New data from the Texas Workforce Commission (TWC) indicate that upstream oil and natural gas employment grew by 2,500 in January 2025 compared to December 2024. This is growth on top of ...

Hiring in the upstream sector, which includes activities related to drilling and producing oil, can serve as an indicator of the health of the oil and gas industry. Companies bringing on more ...

In a strategy reset last month, BP said it is increasing its investment in upstream oil and gas to $10 billion per year while slashing spending on clean energy by more than $5 billion a year.

The oil giant anticipates changes in oil prices to add first-quarter Upstream earnings quarter-over-quarter by $0.0 billion to $0.4 billion. Also, changes in gas prices are expected to add to its ...