{"id":3259,"date":"2020-05-12T18:20:33","date_gmt":"2020-05-12T18:20:33","guid":{"rendered":"https:\/\/madaresharghi.ir\/en\/?p=3259"},"modified":"2020-05-12T18:23:19","modified_gmt":"2020-05-12T18:23:19","slug":"big-oil-earnings-battered-by-virus","status":"publish","type":"post","link":"https:\/\/madaresharghi.ir\/en\/big-oil-earnings-battered-by-virus\/","title":{"rendered":"Big Oil Earnings Battered By Virus"},"content":{"rendered":"\n<figure class=\"wp-block-image\"><img loading=\"lazy\" width=\"1000\" height=\"360\" src=\"https:\/\/madaresharghi.ir\/en\/wp-content\/uploads\/03_big_oil-1.jpg\" alt=\"\" class=\"wp-image-3262\" srcset=\"https:\/\/madaresharghi.ir\/en\/wp-content\/uploads\/03_big_oil-1.jpg 1000w, https:\/\/madaresharghi.ir\/en\/wp-content\/uploads\/03_big_oil-1-300x108.jpg 300w, https:\/\/madaresharghi.ir\/en\/wp-content\/uploads\/03_big_oil-1-768x276.jpg 768w\" sizes=\"(max-width: 1000px) 100vw, 1000px\" \/><\/figure>\n\n\n\n<p>ig Oil emerged from first-quarter earnings battered and bruised, but things are only going to get uglier.<\/p>\n\n\n\n<p>\n\tMajor oil and gas producers from Norway to the US saw profit plunge in \nthe opening three months of the year. Exxon Mobil Corp. reported its \nfirst loss in over 30 years, Royal Dutch Shell Plc cut its dividend for \nthe first time since the Second World War, Bloomberg reported.<\/p>\n\n\n\n<p>\n\tAnd that was only the result of the initial spread of the coronavirus. \nThings have got even worse since as the global pandemic caused an \nunprecedented oil-market slump.&nbsp;<\/p>\n\n\n\n<p>\n\tThere are some signs of recovery on the horizon, but companies were \nunited in their warnings that the current quarter will be tougher than \nthe first.<\/p>\n\n\n\n<p>\n\tA few key takeaways show which companies can endure another three \nmonths of pain, and those that will struggle: Exxon and Chevron said \nthey remain unwavering in their commitment to the dividend.&nbsp;<\/p>\n\n\n\n<p>\n\tBP Plc CEO Bernard Looney was more equivocal, saying his board would review the payout on a quarterly basis.<\/p>\n\n\n\n<p>\n\tEni SpA boss Claudio Descalzi refused to give guidance on his dividend \nuntil July, when the company will be able to evaluate the impact of \ncost-cutting measures.<\/p>\n\n\n\n<p>\n\tBig Oil\u2019s generous dividends have long been its main attraction to \ninvestors. But thanks to Shell Chief Executive Officer Ben van Beurden \nthey are no longer sacrosanct, after he slashed his company\u2019s payout by \ntwo thirds.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>ig Oil emerged from first-quarter earnings battered and bruised, but things are only going to get uglier. Major oil and gas producers from Norway to the US saw profit plunge in the opening three months of the year. Exxon Mobil Corp. reported its first loss in over 30 years, Royal Dutch Shell Plc cut its [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":3260,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[2,8,6],"tags":[118,639,178,56,213,27],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v15.7 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Big Oil Earnings Battered By Virus - madaresharghi | An Analytical Look at Middle Eastern Developments<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/madaresharghi.ir\/en\/big-oil-earnings-battered-by-virus\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Big Oil Earnings Battered By Virus - madaresharghi | An Analytical Look at Middle Eastern Developments\" \/>\n<meta property=\"og:description\" content=\"ig Oil emerged from first-quarter earnings battered and bruised, but things are only going to get uglier. Major oil and gas producers from Norway to the US saw profit plunge in the opening three months of the year. Exxon Mobil Corp. reported its first loss in over 30 years, Royal Dutch Shell Plc cut its [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/madaresharghi.ir\/en\/big-oil-earnings-battered-by-virus\/\" \/>\n<meta property=\"og:site_name\" content=\"madaresharghi | An Analytical Look at Middle Eastern Developments\" \/>\n<meta property=\"article:published_time\" content=\"2020-05-12T18:20:33+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2020-05-12T18:23:19+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/madaresharghi.ir\/en\/wp-content\/uploads\/03_big_oil.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1000\" \/>\n\t<meta property=\"og:image:height\" content=\"360\" \/>\n<meta name=\"twitter:card\" content=\"summary\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading time\">\n\t<meta name=\"twitter:data1\" content=\"1 minute\">\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebSite\",\"@id\":\"https:\/\/madaresharghi.ir\/en\/#website\",\"url\":\"https:\/\/madaresharghi.ir\/en\/\",\"name\":\"madaresharghi | An Analytical Look at Middle Eastern Developments\",\"description\":\"madaresharghi | An Analytical Look at Middle Eastern Developments\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":\"https:\/\/madaresharghi.ir\/en\/?s={search_term_string}\",\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"ImageObject\",\"@id\":\"https:\/\/madaresharghi.ir\/en\/big-oil-earnings-battered-by-virus\/#primaryimage\",\"inLanguage\":\"en-US\",\"url\":\"https:\/\/madaresharghi.ir\/en\/wp-content\/uploads\/03_big_oil.jpg\",\"width\":1000,\"height\":360,\"caption\":\"oil madaresharghi\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/madaresharghi.ir\/en\/big-oil-earnings-battered-by-virus\/#webpage\",\"url\":\"https:\/\/madaresharghi.ir\/en\/big-oil-earnings-battered-by-virus\/\",\"name\":\"Big Oil Earnings Battered By Virus - madaresharghi | An Analytical Look at Middle Eastern Developments\",\"isPartOf\":{\"@id\":\"https:\/\/madaresharghi.ir\/en\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/madaresharghi.ir\/en\/big-oil-earnings-battered-by-virus\/#primaryimage\"},\"datePublished\":\"2020-05-12T18:20:33+00:00\",\"dateModified\":\"2020-05-12T18:23:19+00:00\",\"author\":{\"@id\":\"https:\/\/madaresharghi.ir\/en\/#\/schema\/person\/c52e345120843d5f259215c4e809cdd2\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/madaresharghi.ir\/en\/big-oil-earnings-battered-by-virus\/\"]}]},{\"@type\":\"Person\",\"@id\":\"https:\/\/madaresharghi.ir\/en\/#\/schema\/person\/c52e345120843d5f259215c4e809cdd2\",\"name\":\"administrator\",\"image\":{\"@type\":\"ImageObject\",\"@id\":\"https:\/\/madaresharghi.ir\/en\/#personlogo\",\"inLanguage\":\"en-US\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/901309319175b0d219e688b01909d220?s=96&d=mm&r=g\",\"caption\":\"administrator\"}}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","_links":{"self":[{"href":"https:\/\/madaresharghi.ir\/en\/wp-json\/wp\/v2\/posts\/3259"}],"collection":[{"href":"https:\/\/madaresharghi.ir\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/madaresharghi.ir\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/madaresharghi.ir\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/madaresharghi.ir\/en\/wp-json\/wp\/v2\/comments?post=3259"}],"version-history":[{"count":2,"href":"https:\/\/madaresharghi.ir\/en\/wp-json\/wp\/v2\/posts\/3259\/revisions"}],"predecessor-version":[{"id":3263,"href":"https:\/\/madaresharghi.ir\/en\/wp-json\/wp\/v2\/posts\/3259\/revisions\/3263"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/madaresharghi.ir\/en\/wp-json\/wp\/v2\/media\/3260"}],"wp:attachment":[{"href":"https:\/\/madaresharghi.ir\/en\/wp-json\/wp\/v2\/media?parent=3259"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/madaresharghi.ir\/en\/wp-json\/wp\/v2\/categories?post=3259"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/madaresharghi.ir\/en\/wp-json\/wp\/v2\/tags?post=3259"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}