BP reported a stronger-than-expected net profit for the second quarter, beating analyst expectations. The energy firm announced a 10% increase to its dividend and hiked its share buyback program to the fourth quarter. BP’s low […]
Protesters took to the streets across Venezuela on Tuesday (30 July), demanding that President Nicolás Maduro acknowledge he lost Sunday’s election to the opposition, as a major international observer concluded the vote was undemocratic. […]
A unit of China National Offshore Oil Company (CNOOC) has completed lifting the roof on one 270,000-cbm tank as part of an expansion project at its Ningbo LNG import facility in the Chinese province of […]
Abu Dhabi’s national oil company ADNOC has raised the production capacity at one of its offshore oilfields by 25% using AI technology as the United Arab Emirates looks to boost its total crude oil production […]
Russian seaborne crude oil exports have dropped to their lowest level since August 2023, as Russia’s refinery runs are rising and Moscow is working to comply with its OPEC+ production quota, tanker-tracking data monitored by […]
Oil prices continued to fall on Tuesday morning, ignoring the rising geopolitical risk in the Middle East and the potential of a supply disruption in Venezuela. Concerns about global demand continue to drive bearish sentiment […]
U.S. oil and gas industry thrived under Biden, with major oil companies doubling profits and energy shares up 117%. Harris likely to continue Biden’s policies, while Trump may push for deregulation and increased production, potentially […]
“Why don’t they turn the wind turbines up?” -Inquiring minds want to know There is a truism among wind and solar advocates that these resources are never to blame for anything bad that happens on […]
Kamala Harris is oblivious to humanity’s addiction to oil as she is to these two basic facts: (1) No one uses crude oil in its raw form. “Big Oil” only exists because of humanity’s addiction to the […]
The treasury secretary said the global transition to a low-carbon economy would cost $78 trillion, calling it a top priority of Biden-Harris. U.S. Treasury Secretary Janet Yellen said during a speech in Belem, Brazil, on […]
Copyright © 2025 | Sandstone Group