Mexican billionaire Carlos Slim plans to invest $5 billion this year while avoiding new ventures with state oil company Pemex. Despite his existing energy portfolio, he labeled ultra-deepwater drillin
Tullow Oil shares surged over 9% after West African crude hit a record $130 per barrel due to Middle East tensions. The firm projects robust 2026 output and improved cash flow amidst the price rally.
Tullow Oil's annual profit fell 87% to $7 million amid lower production and delayed Ghana government payments. The company plans a capital overhaul and asset sales to stabilize operations after produc
Carlos Slim’s investment vehicle sold approximately $500 million in US oil stocks, including stakes in PBF Energy and Talos Energy, capitalizing on share price surges driven by geopolitical tensions a
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