Big Oil resists urge to spend despite crude’s recovery

28 October 2018, Oslo/New York — Forget “Drill, baby, drill!” The world’s biggest oil companies aren’t returning to their spendthrift ways, despite crude’s recovery. Equinor ASA and ConocoPhillips kicked off the earnings season for the energy majors on Thursday with an emphasis on restraint despite reporting their highest profits in four years, a possible indication … More »