Oil and gas company Total has maintained a stable dividend despite a sharp decline in first-quarter net profit as oil prices plummeted to historic lows following a drop in demand due to the coronavirus crisis
Industry
Oil back to losses as demand fears return, says Rystad Energy
Oil prices fell on Monday as the market realised demand does not rebound as quick as supply needs to balance or even to keep storage from filling, despite the OPEC+ cuts
Sahara Energy COO calls for greater resilience in global energy market
Stakeholders in the global energy market need to work more collaboratively to shore up the market’s resilience in the face of the economic and supply chain disruption caused by the COVID-19 pandemic, Andrew Laven, chief operating officer (COO), Sahara Energy Resources DMCC, Dubai has said
Shell slashes dividend, freeing up US$10bn
Anglo-Dutch supermajor Shell has slashed its dividend by 66 per cent, the first time the company has cut cash distributions to shareholders since World War II
Increased investment in renewables vital for oil companies, says GlobalData
Following the release of Q1 results from several oil and gas companies, Ella Benson Easton, thematic analyst at data and analytics company GlobalData, has offered her view
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