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Oil & Gas Trade
Brazil's Petrobras First Quarter Oil Production Rises by 4.4%
A general view of the tanks of Brazil's state-run Petrobras oil company following the announcement of updated fuel prices at at the Brazilian oil company Pe…
Oil & Gas Supply
Pakistan Refiners Warn $6 Bln Upgrades at Risk Due to Fuel Price Deregulation Plan
Pakistan's plans to deregulate fuel prices could lead refiners to halt planned upgrades worth up to $6 billion and force some refineries to close, some of t…
Oil Price
Cuba Reschedules Five-Fold Retail Fuel Price Hike for March 1
People stand in line with their cars to fill up on fuel after Cuba's government put off a five-fold increase in gasoline prices planned for February 1 due t…
Energy Investment
Brazil's Petrobras Hikes Fuel Prices After 'Abrupt' Global Spike
A logo of Brazil's state-run Petrobras oil company is seen at their headquarters in Rio de Janeiro, Brazil October 16, 2019. REUTERS/Sergio Moraes/ Acquire …
Oil Price
Oil Major BP Posts 70% Drop In Second-Quarter Profit, Raises Dividend by 10%
Oil major BP on Tuesday reported a nearly 70% year-on-year drop in second-quarter profits on the back of weaker fossil fuel prices, echoing a trend observed acr…
Solar Panel
Renewable Power on Course to Shatter More Records as Countries Around the World Speed up Deployment
Global additions of renewable power capacity are expected to jump by a third this year as growing policy momentum, higher fossil fuel prices and energy security…
Wind Farm
Renewable Power on Course to Shatter More Records as Countries Around the World Speed up Deployment
Global additions of renewable power capacity are expected to jump by a third this year as growing policy momentum, higher fossil fuel prices and energy security…
Oil & Gas Trade
BP Posts Record Profit and Raises Dividend on Oil Price Boost
Fuel prices at a BP filling station in Liverpool. BP will invest up to $1 billion a year in 'high quality' oil and gas projects. PAOil company BP has po…
Energy Transition
How Southeast Asia Can Futureproof Its Energy Sector
Southeast Asia is experiencing unprecedented fuel price increases and volatility, increasing demand for power, and exposure to the intensifying impacts of clima…
Crude Oil
Argentina Agrees Fuel Price Rise Caps with Firms, Pledges FX Access
Argentina on Monday reached an agreement with major oil firms operating in the country to put a cap on fuel price increases in a bid to keep costs at the pump d…
Oil Price
U.S. Could Sell Oil From Emergency Reserve This Week -Sources
The Biden administration plans to sell oil from the Strategic Petroleum Reserve in a bid to dampen fuel prices before next month's congressional elections, thre…
Oil Refinery
U.S. Oil Refiners, Pipeline Companies Expect Strong Demand for Rest of 2022
U.S. oil refiners and pipeline operators expect energy consumption to be strong for the second half of 2022, even though analysts and industry watchers have wor…
Nuclear Power Plant
Nuclear Power on the Upswing, Numerous Projects Take Shape Around the World
The International Energy Agency (IEA) says momentum is building for nuclear power in many countries amid soaring fuel prices and growing energy security concern…
Oil Price
Why Is There a Worldwide Oil-Refining Crunch?
Drivers around the world are feeling pain at the pump with fuel prices soaring, and costs are surging for heating buildings, power generation and industrial pro…
Oil Price
Boris – Fuel Prices to Remain High for a While to Come
The plan to boost offshore wind and nuclear will be “immensely beneficial” for Britons, the Prime Minister has said.
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