Oil and Gas
bp first-quarter 2026 earnings increase driven by trading and refining
BP doubled its quarterly earnings driven by oil trading and refining.
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Oil and Gas
United Arab Emirates leaves OPEC amid Hormuz Strait crisis
The United Arab Emirates' departure from OPEC impacts the balance of the global oil market amid geopolitical tensions.
Oil and Gas
ADNOC L&S takes delivery of the Al Taweelah, its sixth LNG carrier with lubrication technology.
The delivery of the Al Taweelah is no small feat on ADNOC Logistics & Services‘ roadmap. This vessel represents the sixth and final piece…
Oil and Gas
Egypt and EAGA consortium sign agreement to produce green ammonia in Ras Banas
This approach ensures that the infrastructure does not put pressure on domestic supply, using a hybrid system that combines solar and wind power with…
Oil and Gas
Renewable energies cushion energy crisis due to Iran war
Renewable energies are acting as a shield against rising energy prices caused by the war in Iran.
Oil and Gas
JERA profits rise despite lower revenues and Middle East risk
JERA raised its 2025 profit despite lower revenues and greater uncertainty in LNG supply.
Oil and Gas
Shell strengthens its presence in Canada with the purchase of ARC Resources
Shell agrees to purchase ARC Resources to expand oil and gas production in Canada.
Oil and Gas
Origin Energy reduces LNG revenues, adjusts Octopus Energy forecasts
Origin Energy reports lower LNG revenue and adjusts downward earnings expectations at Octopus Energy.
Oil and Gas
Pakistan seeks alternative fuel from Russia, Nigeria and Venezuela due to supply crisis
Pakistan diversifies crude oil and LNG suppliers to mitigate power outages and pressure on energy imports.
Oil and Gas
Eni increases share repurchase on higher oil and gas prices
Although net income fell below expectations, Eni decided to almost double its share buyback.
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