Western energy majors are expected to report combined record profits of $200 billion in 2022, driven by volatile oil and gas prices following Russia's Ukraine invasion, with strong earnings projected to continue into 2023.
Venture Global expanded its 20-year LNG supply agreement with Greek joint venture Atlantic-SEE, doubling annual commitments to 1.0 MTPA for Central and Eastern European delivery via new Greek regasification infrastructure.
CSN inicia processo de venda de ativos de infraestrutura avaliados em US$ 1 bilhão, incluindo terminal portuário e participação em ferroviária, para reduzir dívida de R$ 18 bilhões.
KPMG reports India's ethanol can evolve from fuel blending component to transport energy backbone, reducing vulnerability to global oil price volatility through adaptive fuel systems and flex-fuel vehicles.
Businesses are prioritizing electrification following energy disruptions, with most expecting operations to go electric by 2035. Green equipment finance demand is surging as companies replace diesel with battery-powered alternatives.
El Gobierno dominicano implementó nuevos aumentos de entre 3 y 6 pesos por galón en gasolinas y gasoil para la semana del 13 al 19 de junio, mientras mantiene congelado el precio del GLP.
An investigative report reveals how exploitation of Cabo Delgado's ruby, timber, and gas reserves—combined with corruption and security force abuses—has fueled a decade-long Islamist insurgency that has displaced over 1 million people.
Governments worldwide are accumulating strategic oil reserves to mitigate future energy crises, a response to recent supply disruptions that will likely sustain elevated crude prices for an extended period.
India's government has banned industrial, commercial, and institutional users from buying petrol and diesel at retail pumps, forcing them to use bulk purchase channels. The move addresses abnormal demand shifts caused by significant price gaps between retail and bulk pricing.
Venezuela autoriza a la empresa británica Shell a explorar y explotar un campo de gas bajo la nueva Ley de Hidrocarburos, marcando los primeros acuerdos bajo este marco regulatorio.
China begins building a 271,000 cubic meter LNG carrier, the largest class vessel, reinforcing its dominance in advanced shipbuilding with 56% of global ship deliveries in 2025.
The US announced new sanctions against Cuba's state-owned petroleum company CUPET, escalating economic pressure on the island amid rising US-Cuba tensions under the Trump administration.
Pocketbook mussels in the Ohio River use aggressive mimicry to trick fish into inhaling their larvae, which then parasitize the fish's gills until mature enough to settle independently.
Venezuela and French oil services company SLB (Schlumberger) signed a memorandum of understanding to explore cooperation in petroleum and gas sectors using advanced technology, marking a strategic shift toward foreign investment.
Fox News explores five fan theories about The Sopranos that deepen viewer engagement on rewatches, from Christopher being a rat to Carmine Jr. secretly orchestrating mob conflicts.
Shell Nigeria Gas emphasizes that expanding gas distribution infrastructure and strengthening market-making roles are essential to transforming Nigeria's gas resources into an industrial growth driver, citing two decades of successful operations in the Agbara-Ota corridor.
Asia faces unprecedented energy vulnerability as Strait of Hormuz disruption drives oil to $138/barrel and LNG prices surge 108%, threatening regional economies with $80B+ fuel subsidy costs and agricultural collapse.
Florida-based Vanguard Energy is in advanced negotiations to send Cuba its largest US fuel shipment since 1960, comprising 250,000 barrels of diesel and gasoline destined for the private sector amid the island's severe energy crisis.
Brazil's environmental agency IBAMA rejected a R$5 billion natural gas power plant in São Paulo state, citing incomplete environmental studies, exposing tensions between energy security and environmental protection in the country's energy transition.
Brazil faces a paradoxical energy crisis where supply and demand imbalances coexist, with the National Operator of the Electrical System (ONS) struggling to manage the situation effectively.
A McDonald's employee in California sustained severe burns to the face and body after being attacked by a coworker who threw boiling oil during a shift.
Fitch Ratings forecasts Brent crude will fall from $100-110 to $70 per barrel if the Strait of Hormuz reopens by July, driven by easing geopolitical tensions rather than supply fundamentals.
Security vendors confuse product demonstrations with proof-of-concept engagements, stalling pipelines. Clear definitions and structured POC frameworks with success criteria are essential for closing deals efficiently.
A covert operation extracted 13 kg of enriched uranium from Venezuela, according to BBC reporting. The operation's details and parties involved remain undisclosed.
A Yuba City McDonald's manager was rushed to ICU with second-degree burns after a coworker allegedly threw scalding hot oil on him during a workplace incident.
