Exxon Stock Is Up. Oil Is Down. Something’s Gotta Give.
Saturday, 26 November 2022, 01:51:00
Exxon shares don’t look expensive at 10 times projected 2023 profits of $11.50 a share. But there could be a risk to 2023 earnings if oil holds around current levels. You might want to consider another Big Oil stock.
— Barron”s
BP Snags Contract To Market Guyana’s Share Of Exxon’s Offshore Oil | OilPrice.com
Friday, 25 November 2022, 19:30:00
The UK’s largest energy company has won a contract to market Guyana’s share of the oil produced from two offshore production platforms
— OilPrice com
Industrial Alcohol Global Market Report 2022: Ukraine-Russia War Impact
Friday, 25 November 2022, 14:30:00
NEW YORK, Nov. 25, 2022 /PRNewswire/ — Major players in the industrial alcohol market are Cargill Incorporated U.S, Cristalco, Raizen Energia, MGP INGREDIENTS, Green plains Inc, Sigma-aldrich, Grain Millers Inc., The Andersons Inc, BASF, Royal Dutch shell plc, Exxon mobil corporation,…
— PR Newswire
Qatar’s GDP forecasts rapid growth in Q4
Friday, 25 November 2022, 07:52:36
Qatar’s Gross Domestic Product (GDP) is expected to increase significantly due to the rising extortionate foreign investments, especially in the Liquid Natural Gas (LNG) infrastructure in the country, according to a recent report by Fitch Solutions.
Fitch Solutions is optimistic of a potential increase of the Gross Domestic Product (GDP) from 4.3 percent to 4.6 percent in Q4 this year. The report’s key spotlight was on the upswing of Qatar’s economy and the impact it will have on investors around the globe.
The recent quarterly data shows that the economy of the Arab State plunged by 6.4 percent year-on-year in Q2 2022. This palpably is one of the highest growth rates since Q4 2014 as immense contribution comes from non-oil industries.
A buoyant economy was witnessed during this year’s Q3 and the GDP anticipates a momentous escalation in Q4 conspicuously in relation to the ongoing sporting tournament. “We believe that economic momentum has remained strong in Q322 and that real GDP growth will witness even faster growth in Q422, especially amid stronger consumption and services exports during the FIFA World Cup, which runs from November to December 2022,” it said.
The swift growth is a magnificent turnout eventually boosting the economy with a mixture of major investments in gas and oil in addition to the outpouring number of visitors next year.
— The Peninsula Qatar
Exxon Is Emerging As An Unlikely Supporter Of America’s Decarbonization Efforts
Thursday, 24 November 2022, 23:00:00
Unlikely supporters of U.S. decarbonization efforts are gaining increasing approval from the Biden administration as Big Oil begins to invest heavily in carbon capture and storage technology. Already experts in energy, it seems that industries are turning to Exxon and other oil majors to help decarbonize in the race to net-zero emissions. ExxonMobil announced last month that it had once again seen positive quarterly earnings, of $19.7 billion for the third quarter of 2022. By this point, Exxon had made $15.2 billion in investments in 2022,…
— OilPrice com
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