(Reuters) U.S. refiner Marathon Petroleum Corp reported a 63% drop in second-quarter profit on Tuesday, as improved fuel supplies and slowing economic activity compressed its margins. Despite resilient fuel demand in the U.S., an increase […]
HOUSTON, Aug 3 (Reuters) – Top U.S. liquefied natural gas exporter Cheniere Energy Inc on Thursday reported second-quarter earnings that topped Wall Street forecasts, and raised its full-year profit outlook. The better-than-expected results came despite […]
After lagging for most of this year, the energy sector made a strong comeback on oil price surge. Oil price logged in the best month since January 2022 with crude oil rising more than 15% […]
HOUSTON (Reuters) -U.S. oil and gas producer ConocoPhillips slightly raised its full-year output expectations on Thursday, even as it posted a lower-than-expected quarterly profit. Earnings at U.S. oil producers have been dented by weak oil […]
The British Government has agreed a partnership with Zambia covering clean energy and critical mineral supply worth more than $3.7bn (£2.91bn). Under the clean energy and green investment partnership, the UK will aim to generate […]
The Crown Estate has revealed that it is partnering with a range of UK-wide expert bodies to launch four research projects to support nature recovery and the coexistence of offshore wind farms with marine life. […]
OPEC+ leaders Saudi Arabia and Russia are set to keep tightening the oil market into the autumn, announcing Aug. 3 they will extend their supply cuts through at least September. Saudi Arabia will continue the […]
Microsoft’s billionaire founder Bill Gates is financially backing the development of sun-dimming technology that aims to spray calcium carbonate (CaCO3) dust into the atmosphere to block the sun, triggering a global cooling effect. Dubbed Stratospheric […]
It was always unrealistic to imagine that BRICS is an alliance of completely sovereign countries that have united due to their shared hatred of the West and are thus plotting to topple the dollar’s dominance […]
(WO) — The American Petroleum Institute and Energy Workforce & Technology Council joined with 17 energy trade groups representing all sectors of the U.S. natural gas and oil industry in calling on the Biden administration […]
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