Big five oil companies to reward shareholders with record payouts ...Middle East

TOP world News today - News
Big five oil companies to reward shareholders with record payouts
The world’s five largest listed oil companies are expected to reward their investors with record payouts of more than $100bn (£79bn) for 2023 against a backdrop of growing public outrage at fossil fuel profits. The five “super-majors” – BP, Shell, Chevron, ExxonMobil and TotalEnergies – showered shareholders with dividend payments and share buybacks worth $104bn in the 2022 calendar year, according to the Institute for Energy Economics and Financial Analysis (IEEFA). The bumper payouts followed a year of record profits for big oil and gas companies after Russia’s invasion of Ukraine upended global energy markets, triggering a rise in the international price of Brent crude and record gas pr

Hence then, the article about big five oil companies to reward shareholders with record payouts was published today ( ) and is available on TOP world News today ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( Big five oil companies to reward shareholders with record payouts )

Apple Storegoogle play

Last updated :

Also on site :

Most viewed in News