Trump's two primary campaign promises,…
Researchers have successfully combined two…
Chinese leader Xi Jinping's upcoming…
Four expatriate workers lost their lives, and two others sustained injuries in a recent drone attack on the Khor Mor gas field in Iraq's Kurdistan region. This attack, reported by…
TotalEnergies (NYSE: TTE) saw its first-quarter adjusted net income drop by 22% from a year ago, but the French supermajor’s adjusted earnings beat the consensus estimate. Stable…
TotalEnergies CEO, Patrick Pouyanne, disclosed plans for a potential New York listing during an analyst briefing on Friday, citing the desire to attract a larger share of U.S. investors. With…
Mining giant Anglo American has rejected BHP Group’s £31.1bn proposal after it concluded the plan would undervalue its future prospects. The talk of a…
The Hammerfest LNG export plant offshore Norway is expected to remain offline until Saturday, April 27, following a gas leak earlier this week, according to the latest data from…
Chevron Corporation (NYSE: CVX) booked slightly higher earnings for the first quarter than analysts had expected, thanks to higher oil and gas production that offset part of…
ExxonMobil (NYSE: XOM) reported on Friday underwhelming earnings for the first quarter that were lower than consensus estimates, due to declining natural gas prices and refining margins…
Phillips 66 (NYSE: PSX) reported lower-than-forecast profits for the first quarter of the year, as refining margins halved from the year-ago period and refinery maintenance affected product…
The fact that a record 90% share of all new car sales in Norway are electric has failed to make any impact on the country’s oil demand, indicating that hopes…
The global economy is likely to continue on its current strong course, according to a poll among economists conducted by Reuters. While this is bullish for oil, some of…
China’s dominance over EV supply chains risks making U.S. subsidies for the industry unusable, South Korea has said. Subsidies for EV manufacturing, including components, under the Inflation Reduction Act seek…
Crude oil prices may end this week in the green as the U.S. Treasury suggested the weak first-quarter GDP data may be revisable and as supply concerns persisted.…
Chevron launched its first production at its Tengiz oilfield expansion project in Kazakhstan on Thursday, with completion of the final phase of the expansion set for the first half of…
Saudi Aramco has sealed a sponsorship deal with FIFA, the International Federation of Association Football, through 2027, after winning a bidding process last October in which it was…
Energy firms held by Czech billionaire Daniel Kretinsky have reported core earnings of $7.8 billion (7.3 billion euros) for 2023, Reuters reported on Thursday. The energy…
Hertz Global Holdings Inc (NASDAQ: HTZ) has raised the number of electric vehicles it plans to sell this year as it is cutting its EV fleet to…
Hess Corporation (NYSE: HES) reported on Thursday much higher-than-expected net income for the first quarter of 2024 amid soaring oil and gas production, as the planned acquisition…
Russian pipeline operator Transneft has warned Kazakhstan’s oil companies that ship crude to Germany via Transneft’s Druzhba pipeline that the customers of the Kazakh firms have until June to pay…
The U.S. Environmental Protection Agency (EPA) announced on Thursday final rules on emissions reductions of power plants which would force coal-fired power plants that plan to run in the…
One of the largest U.S. refiners, Valero Energy (NYSE: VLO), saw its adjusted net income more than halve in the first quarter compared to a year earlier,…