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.
Nayara Energy reduced petrol by Rs 5/litre and diesel by Rs 3/litre following declining international crude prices, marking the first retail fuel cut in over two years. State-run OMCs maintained unchanged rates despite easing West Asia tensions.
Oil marketing companies cut commercial LPG cylinder prices by ₹183.50 from July 1, while private retailer Nayara Energy reduced petrol and diesel prices, citing easing West Asia tensions and declining crude oil costs.
Nayara Energy reduces petrol by ₹5 and diesel by ₹3 per litre across 7,000 stations from July 1, following government revisions to fuel export duties and LPG price cuts.
Nayara Energy reduces petrol by Rs 5/litre and diesel by Rs 3/litre, marking the first fuel price cut in over two years as Middle East tensions ease and crude oil prices decline.
Singapore is pioneering plurilateral trade agreements on supply-chain resilience and digital trade, establishing itself as a norm entrepreneur that shapes global legal standards through flexible, incremental approaches rather than coercion.
State-owned oil marketing companies reduced 19-kg commercial LPG cylinder prices by up to Rs 183.5 across major Indian cities, providing relief to restaurants and hotels after global energy price volatility.
Private fuel retailer Nayara Energy cuts petrol by Rs 5/litre and diesel by Rs 3/litre following easing West Asia tensions and falling global crude prices, while state-owned competitors maintain higher rates.
Nayara Energy reduced petrol by Rs 5/litre and diesel by Rs 3/litre, marking the first retail fuel price cut in over two years following eased West Asia tensions and restored maritime trade routes.
Nayara Energy reduced petrol by Rs 5/litre and diesel by Rs 3/litre across 7,000+ stations, becoming the first retailer in over two years to cut prices as international crude softened following West Asia tensions easing.
Nayara Energy reduced petrol by Rs 5 and diesel by Rs 3 per litre, becoming the first retailer to cut prices in over two years following easing West Asia tensions and declining global crude oil prices.
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 eased West Asia tensions and restored maritime routes.
Nayara Energy reduces petrol by ₹5/litre and diesel by ₹3/litre, marking the first retail fuel price cut in over two years as West Asian tensions ease and global crude prices fall.
QatarEnergy has extended force majeure on four additional LNG cargoes to Edison, bringing total undelivered volumes to 21 cargoes (2.7 bn cubic meters) since April. Deliveries delayed until early September 2026.
A Saudi Aramco helicopter crashed in Saudi Arabia, killing all 14 people on board near a major oil refinery. The incident occurs amid regional tensions as Gulf ceasefire efforts show signs of strain.
Um helicóptero da petrolífera estatal Saudi Aramco caiu na Arábia Saudita, resultando em 14 mortes, segundo agência estatal saudita.
A helicopter operated by Saudi oil giant Aramco crashed in Ras Tanura, killing all 14 people on board. The cause remains under investigation.
Um helicóptero da petrolífera Saudi Aramco caiu na Arábia Saudita, resultando em 14 mortes, conforme confirmado por agência estatal saudita.
Aramco's Field Deployment Program trains young Saudi engineers and foremen through hands-on experience, emphasizing safety, technical expertise, and real-time decision-making in complex drilling operations.
Chevron highlights Southern Louisiana workers supporting offshore Gulf oil and gas operations that supply 14% of U.S. crude oil, emphasizing safe asset retirement and aviation safety.
Trump directs DOJ to investigate major oil companies for price gouging despite their $100M campaign support. Industry signals no immediate relief for consumers.
US and Qatar warn that EU's strict methane regulations risk deterring American liquefied natural gas exports to Europe, potentially undermining energy security amid ongoing supply concerns.
Trump directs the DOJ to immediately investigate alleged price gouging by oil companies, claiming gas prices aren't declining proportionally with crude oil prices.
Researchers developed ultrathin polymer membranes that separate hydrocarbons with unprecedented efficiency while using far less energy than conventional thermal distillation, potentially transforming global refining processes.
Morgan Stanley acelera processo de venda da Farm, mas Roberto Jatahy condiciona aprovação a renegociação societária que resolva conflito com Alexandre Birman.
