Post Tagged with: "payouts"

Source: Reuters

US energy firm payouts to oil investors top exploration spending for first time

Nasdaq


HOUSTON – Top U.S. energy companies last year paid out more of their earnings to shareholders than they invested in new oil and gas fields for the first time, according to a report released on Tuesday.

The outlook for …

Source: Reuters

Exclusive: Russia’s tainted oil dispute drags on as buyers fight for payouts

Reuters


MOSCOW  – Four major buyers of Russian oil are contesting the amount of compensation pipeline monopoly Transneft TRNF_p.MM has offered over the supply of tainted barrels more than a year ago, three sources told Reuters, raising the prospect of …