Oil Industry

Saudi Aramco Reports 23% Decline in Q3 Profits Due to Lower Crude Prices and Volumes

In the latest financial report, Saudi Arabia's state-owned oil behemoth, Aramco, revealed a 23% decrease in net profit for the…

1 year ago

Chevron’s $53 Billion Acquisition of Hess Corp Marks Major Oil Merger

In a significant move within the oil industry, Chevron has announced its acquisition of Hess Corp for a staggering $53…

1 year ago