President Macron is securing France's…
Gold prices have plummeted due…
China's decision to limit graphite…
Berkshire Hathaway (BRKA: BRKB) has expanded its stake in Occidental Petroleum (OXY) with a purchase of another 3.9 million shares this week, according to a Securities and Exchange Commission
TotalEnergies and Qatar could divert to other countries LNG cargoes bound for France after 2026 for 27 years, according to the chief executive of the French supermajor. Earlier this month,…
As merger-mania in the American shale patch continues to gain momentum, ConocoPhillips is now said to be considering an offer for Permian basin producer CrownRock LP, Reuters reports, citing…
Spanish energy group Repsol reported on Thursday a 14% lower net income for January to September, due to lower crude oil and gas prices than in the year-ago period,…
Lower prices for turbines amid a price war in China have resulted in a 98% plunge in the net profit of the top Chinese wind turbine maker, Xinjiang Goldwind Science…
French energy major TotalEnergies (NYSE: TTE) reported on Thursday a third-quarter net income above expectations, thanks to higher oil prices and stronger refining margins in…
Valero Energy (NYSE: VLO), the second largest U.S. refiner by capacity, reported on Thursday higher-than-expected profits for the third quarter of 2023, amid continued strong…
China Petroleum & Chemical Corporation, or Sinopec, said on Thursday that it booked an increase of 34% in its net profit for the third quarter…
Access to financing has become more complicated for oil refiners as banks are increasingly looking to reduce their exposure to fossil fuel projects, according to refining executives. “If…
Baker Hughes reported expectation-beating financial results for the third quarter in the latest sign that the oilfield service industry is healing nicely after the pandemic and the oil…
An Australian hydrogen company will build a campus in New Mexico where it will work on proprietary technology to use hydrogen for heating. That’s according to the AP,…
The price of coal in China is falling. The trend has been enabled by record-high production of the hydrocarbon fuel at home as well as rising imports. Per…
As GM redirects its focus toward making a profit amid grim earnings outlooks, strikes and rising costs, the U.S. auto giant has announced it is ditching a $5-billion…
Libya’s eastern-based House of Representatives (HoR) has called for the immediate exit of ambassadors supporting Israel amid airstrikes on the Gaza Strip and demanded that Libyan oil exports to those…
The United States is likely to tighten the sanction enforcement on Iran’s crude oil exports over the Hamas-Israel war and the Iranian backing of Hamas, Helima Croft, the head of…
The Federation Council, the upper chamber of the Russian parliament, has voted in favor of legislation to revoke Moscow’s ratification of the Comprehensive Nuclear-Test-Ban Treaty (CTBT).
Amid expected higher demand at the start of the heating season, LNG imports into northwest Europe are expected to soar by 30% in November compared to October, Montel…
Shell plans to cut 15% of the 1,300 jobs in its Low Carbon Solutions business as it scales back some green energy ambitions and focuses on profitable projects including in…
Ukraine is ready to allow non-resident traders to use up to half of its natural gas storage capacity, the country’s Prime Minister Denys Shmyhal told…
Hess Corporation reported on Wednesday earnings for the third quarter that beat analyst estimates, after announcing earlier this week it had agreed to be acquired…