Western energy majors are expected to report combined record profits of $200 billion in 2022, driven by volatile oil and gas prices following Russia's Ukraine invasion, with strong earnings projected to continue into 2023.
Mitsui OSK Lines ha consolidado seis filiales especializadas en gestión marítima bajo MOL Global Ship Management, centralizando la supervisión de más de 200 embarcaciones globales e implementando inteligencia artificial para optimizar operaciones.
ONGC planea invertir aproximadamente Rs1 billón hasta 2031 en exploración en aguas profundas para añadir 5.600 millones de toneladas de reservas de petróleo, mientras negocia su participación en proyectos petroleros en Venezuela.
OPEC and allied nations agreed to keep oil output unchanged in October amid geopolitical tensions including U.S.-Iran strikes, maintaining current production quotas.
Venezuelan opposition groups express concern that new U.S. oil agreements with Caracas may legitimize the authoritarian regime and delay democratic reforms.
EU gas storage facilities are only 65% full at the start of September, a historic low for this time of year, as Middle East conflict disrupts supply and prices surge, threatening winter energy security.
A US official revealed that the US structured its Venezuela oil position to shield it from dilution, indicating strategic financial maneuvering around Venezuelan assets.
At least 37 people died attempting to illegally siphon crude oil from a vessel in Nigeria's Niger Delta, mostly from inhaling hazardous fumes. Nigerian authorities acknowledged the incident but gave fewer details as investigations continued.
US oil giant Chevron confirms expansion of operations in Venezuela, marking a significant shift in US energy policy toward the sanctions-hit nation.
Alejandro Betancourt, a prominent oil baron, is central to a US-Venezuela oil agreement involving major energy companies. The deal raises questions about feasibility and geopolitical implications.
Chevron, the largest foreign oil operator in Venezuela, is expanding its operations following a recent U.S.-Venezuela oil agreement amid ongoing political and economic instability.
Shell y Wison New Energies formalizaron un acuerdo para integrar la tecnología de refrigerante mixto dual (DMR) de Shell en unidades de gas natural licuado flotante, abriendo soluciones previamente exclusivas al mercado independiente.
Canada-based Methanex will close its 32-year-old Taranaki methanol plant by February 2027, citing New Zealand's declining natural gas supply. The closure will eliminate over 200 jobs and impact regional support industries.
Trump is meeting with oil refinery executives and accusing them of price gouging as diesel and gasoline prices remain elevated despite industry cost pressures.
A Capsur cortou em 88% o valor da Loggi em sua carteira de investimentos, refletindo desvalorização significativa da empresa de logística.
Flash flooding damaged 40% of Grand Canyon's critical water pipeline, forcing park closures and water restrictions while complicating a $200 million upgrade project already underway.
US-Iran military exchanges pushed Brent crude above $90, prompting investors to buy energy stocks including ExxonMobil, Chevron, and SLB amid concerns over Strait of Hormuz disruptions.
Oil prices rise as renewed Middle East fighting raises concerns about potential supply disruptions in a region critical to global energy markets.
A US firm is set to take over Venezuelan oilfields previously operated by Chinese and Russian companies, marking a significant shift in control of Venezuela's oil resources.
Dietitians identify one cooking oil as particularly beneficial for brain, heart, and gut health, offering guidance on nutritional cooking choices.
Vinci adquire controle da Faro Energy e avança estratégia de consolidação no segmento de geração distribuída de energia.
Hundreds of participants in London's Notting Hill Carnival don devil horns and motor oil for the dawn Jab Jab parade, a Grenadian masquerade tradition marking the festival's start.
The US is reportedly acquiring a 35% stake in an oil venture controlled by Venezuelan mogul Betancourt, marking a significant shift in US-Venezuela energy relations.
Ekaterina Moskovskova from Renvyle won gold at the Reach for the Stars astrophotography competition for her aurora and beach image. A second Galway photographer received recognition in the awards.
A deal granting the U.S. majority control of Venezuela's vast oil reserves has sparked nationalist backlash, with critics characterizing it as a form of modern colonialism threatening national sovereignty.
