“Oil and gas companies are becoming energy companies,” said BP’s Bob Dudley. BP even changed the logo.
How to prevent its shares from dropping below €0.01?
Systematic “Petro-Plunder,” as we’ve come to call it, eats into Mexico’s energy sector.
And why was coal left behind?
The death of the petrodollar has been delayed.
This time was supposed to be different.
“Even a small deterioration” in its perceived credit risk could take a big financial toll on Mexico itself.
Saudi Arabia appears to have scuttled its plans for the largest IPO ever — a move that may be explained partly by higher oil prices and partly by more dubious reasons.
“There’s a really big gap between what foreign governments are saying and what companies are saying.”
Tectonic shifts and clouds of uncertainty after Sunday’s election.