Laura Hurst

Business, Equipment, Fuel

Shell to Make First Profit From Oil Output Since Pandemic

Shell Daniel Acker/Bloomberg News

Royal Dutch Shell Plc expects to make its first profit from pumping oil since the start of the pandemic, the petroleum giant said.

Laura Hurst | Bloomberg News
April 7, 2021
Business, Fuel

Shell Doubled Oil-Trading Profit to $2.6 Billion Last Year

Shell Callaghan O'Hare/Bloomberg News

Royal Dutch Shell Plc disclosed the profitability of its sprawling and secretive oil-trading unit for the first time, saying it almost doubled to $2.6 billion last year.

Laura Hurst | Bloomberg News
March 12, 2021
Business, Fuel

BP Swaps High Returns for a Cleaner Future With Unproven Profits

A train passes a BP Plc petrol station in London A train passes a BP Plc petrol station in London. (Chris J. Ratcliffe/Bloomberg News)

One week and two deals later, BP Plc has cemented the view that for an oil and gas company to go green, it must sacrifice profits.

Laura Hurst | Bloomberg News
February 8, 2021
Business, Fuel

OPEC Focuses on Shrinking Stockpiles to Pave the Way for $60 Oil

Lisi Niesner/Bloomberg News

OPEC’s first production cuts in eight years are intended to shrink the world’s bloated oil stockpiles back to a normal level, paving the way for prices to rise to more than $60 a barrel.

Laura Hurst | Bloomberg News
December 1, 2016
Business, Fuel

Trains, Trucks and Two Tankers Involved in Perhaps Most Logistically Complex US Oil Trade Yet

Daniel Acker/Bloomberg News

Mercuria Energy Group has engineered perhaps the most logistically complex trade yet to export U.S. oil since a four-decade ban on sales was lifted.

Andy Hoffman | Bloomberg News
Javier Blas | Bloomberg News
Sheela Tobben | Bloomberg News
Laura Hurst | Bloomberg News
August 25, 2016