Big Oil’s Big Payouts Under Strain As Energy Prices Fall

By Ron Bousso Oil majors paid shareholders $272 bln last year Lower oil prices, refining margins to curb profits Some companies to borrow, others to cut payouts, analysts say LONDON, Oct 1 (Reuters) – Major energy companies are set to borrow billions to maintain shareholder payouts or cut the rate of share repurchases in the … Read more