Equinor ASA

Big Oil’s Record-Breaking Shareholder Payouts Face Uncertainty as Oil Prices Slump in 2025

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Houston, TX, Could 24, 2025 – Large Oil’s unprecedented shareholder payouts, which reached a staggering $119 billion in 2024, are below vital risk in 2025 as crude oil costs hover round $60 per barrel, a pointy decline from latest years. Based on Rystad Power, main oil firms like ExxonMobil, Chevron, Shell, BP, TotalEnergies, and Eni … Read more

Mining giant Fortescue says Big Oil is getting it wrong on renewables

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Mining Giant Fortescue Slams Big Oil for Misstep on Renewables Transition Perth, Australia – March 24, 2025 – Fortescue Metals Group, one of the world’s largest iron ore producers, has publicly criticized Big Oil companies for their sluggish approach to renewable energy adoption, accusing them of prioritizing short-term profits over long-term sustainability. Speaking at a … Read more