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.
Cuba experienced its third nationwide power cut this year, sparking rare public protests despite risks of severe punishment. The crisis stems from fuel shortages worsened by US sanctions and an oil blockade.
Researchers from Wales and Uganda have developed an affordable mosquito repellent from locally grown catnip that matches DEET effectiveness while providing economic opportunities for rural communities fighting malaria.
Fresh attacks near the Strait of Hormuz have failed to spike oil prices as traders distinguish between geopolitical headlines and actual supply threats, with ample crude supplies and uninterrupted shipping maintaining market stability.
A newly discovered rare mineral containing uranium, vanadium and thallium has been named spanoite in honor of mineralogist Tyler Spano, recognizing her contributions to the field and her expertise in uranium minerals.
Alberta and Ontario governments unveiled plans for a 2,050-mile 'Northern Shield' pipeline to transport western Canadian oil eastward, aiming to reduce reliance on US energy imports and boost domestic energy security.
Aegea afirma que necessitará de novo aporte dos acionistas para participar de processos de concessão, enquanto busca reduzir alavancagem de 3,78x para 3x nos próximos 12 meses.
A Cuban national zoo celebrates the birth of four Bengal tiger cubs, including a rare white tiger, as a morale boost for workers struggling with severe fuel and medicine shortages amid the island's energy crisis.
JERA Nex bp formalizó la compra de activos de Sumitomo Corporation en los parques eólicos marinos Northwester 2 y Nobelwind, alcanzando el 100% y 80,1% de participación respectivamente.
Indian benchmark indices signal a marginally lower open despite positive global cues, as investors balance easing crude oil prices and earnings season optimism against recent domestic equity gains.
Seven OPEC+ member nations agreed to modestly increase monthly oil production despite falling global prices, signaling continued market management efforts amid economic pressures.
Citroën apresenta Dark Edition do Basalt para 2027 com motor 1.0 Firefly, posicionada entre versões Feel e Turbo 200, com design escuro e equipamentos modernos.
Michael Rugari completed a two-year restoration of his 1997 Nissan 200SX S14, a bucket-list car, transforming it from a damaged shell into a fully modified performance vehicle that earned Top 10 at the Black Label Invitational.
Voyager 1, launched in 1977, remains operational 25 billion kilometers away in interstellar space, transmitting data via nuclear power despite declining energy reserves.
Rising oil supply from multiple sources is pushing prices lower, reigniting concerns about a global oversupply that could destabilize energy markets and producer economies.
Dangote Refinery imported 40.4 million barrels of crude oil in May-June 2026 for $4.48bn, with landed costs falling 24% from $124.80 to $95.25 per barrel as global pricing eased.
The DOJ and FTC are urging states to investigate and enforce laws against illegal activity driving high gas prices, including potential price-fixing by oil companies.
Russia is reportedly purchasing gasoline produced by India's Nayara Energy through international traders to address fuel shortages from Ukrainian attacks, circumventing EU sanctions through intermediaries.
A gestora do BTG Pactual adquire participação da Leste no WTC Sheraton São Paulo, atingindo 80% do empreendimento avaliado em R$ 1,4 bilhão, que inclui hotel, shopping e torre corporativa.
German prosecutors have charged a Ukrainian national in connection with the Nord Stream pipeline explosions. The case marks a significant development in the investigation of the 2022 sabotage that disrupted European energy supplies.
The UAE ended its 59-year OPEC membership in May 2026, citing production quota constraints and geopolitical tensions with Iran. The exit marks the cartel's most significant defection and signals potential volatility in global oil markets.
Nepal redujo precios de gasolina, diésel y gas doméstico hasta 17% tras caída del crudo internacional y mejora en negociaciones entre Irán y Estados Unidos que estabilizan suministro global.
Bureau Veritas vende su división Oil & Petrochemicals a Triton Partners por €470M, operando en 45 países con 320 instalaciones, como parte de su estrategia LEAP | 28 de reorientación hacia negocios de mayor crecimiento.
A fintech argentina Cocos Capital compra a Warren, plataforma brasileira fundada por ex-executivos da XP, em operação que marca a primeira expansão internacional da empresa e reforça estratégia de consolidação regional.
Nayara Energy reduced petrol by ₹5/litre and diesel by ₹3/litre across 7,000+ stations, marking the first retail fuel price cut in over two years following declining global crude prices.
