Tag: INVESTMENTS

Exxon scales back shale ambitions to focus on lower costs, dividend preservation

Exxon Mobil Corp is lowering its ambitions for oil and gas output, as it focuses on cutting costs and preserving dividends to win back investors that have soured on the company after years of overspending

Iberdrola to invest $88 billion in ‘energy revolution’ by 2025

Spanish wind energy group Iberdrola plans to invest 75 billion euros ($88 billion) in its renewable energy production, grids and retail operations by 2025 to capitalise on growing global demand for clean power

Israeli pipeline company signs deal to bring UAE oil to Europe

Israeli pipeline company EAPC said it had signed a preliminary deal to help transport oil from the United Arab Emirates to Europe via a pipeline that connects the Red Sea city of Eilat and the Mediterranean port of Ashkelon

YPF plans investments of u$s2,800 million for 2020

The figure represents a decrease of 20% compared to the previous year, due to the inconveniences that the state oil company and the sector faced during the past year