Tag: Chevron

Oil majors have had to weather rockbottom demand and prices as a result of Covid-19

Weaker oil prices have affected the profits of the oil majors.

The merger of Peugeot and Fiat Chrysler heads a number of collaborative enterprises in the auto & lubes sectors.

Asia and Africa are seeing an expansion of lubricants manufacture and blending. 

Many of the oil majors are taking a greener approach to product development and how they run their businesses.

BP continues to move into the mobility sector with purchase of a city transportation app.

The oil majors delivered disappointing short-term news to thier shareholders after earning and profits were hit across the board as a result of lower oil prices and increased costs.

A mixed set of Q2 2019 reports from the oil majors and lubes producers including Shell, BP, ExxonMobil and Fuchs. 

A generally volatile market has led to slightly depressed numbers for most of the oil majors at the start of the year, but their CEOs are confident of being able to manage the volatility.

BP's highest quarterly results for more than five years demonstrates the trend of increased profits and revenue for oil majors.