BP Surprises Market with $1.6 Billion Q2 Profit Amidst Energy Sector Volatility
BP plc announces a remarkable Q2 profit of $1.6 billion for 2025, reversing last year's loss, with strategic projects and discoveries paving the way for future growth.
energy sector News
LG Energy Solution Lands Massive $4.3 Billion Deal for LFP Batteries with Mystery Giant
LG Energy Solution Ltd. has announced a $4.3 billion deal to supply lithium iron phosphate (LFP) batteries to an unnamed large corporation from 2027 to 2030, with potential extensi...
Oil India Ltd and Gail Seal Historic 15-Year Natural Gas Deal, Boosting India's Energy Sector
Oil India Ltd and Gail have signed a 15-year agreement for the supply of natural gas from Rajasthan, enhancing India's energy infrastructure and domestic gas distribution.
Vietnam's Overseas Investment Soars by 3.5 Times in First Half of 2025, Led by Energy Sector
Vietnam's outbound investment surged 3.5 times in H1 2025, led by the energy sector with $111.2 million. Laos, the Philippines, and Indonesia were top destinations, showcasing Viet...
Eurozone and EU Witness a Significant 1.6% Drop in Producer Prices in March
In March, the Eurozone and EU saw a 1.6% drop in producer prices, with energy prices leading the decline. Annual figures, however, showed a rise, indicating mixed economic signals.
March Sees a Sharp 1.6% Drop in Eurozone Producer Prices, Energy Sector Hit Hardest
In March, the Eurozone and EU saw a 1.6% monthly drop in producer prices, with energy prices falling the most. Annually, prices rose by 1.9% in the euro area and 2.1% in the EU. Se...
March Sees a Significant 1.6% Drop in Eurozone Producer Prices, Energy Sector Hit Hardest
The producer price index in the Eurozone and EU fell by 1.6% in March, with energy prices experiencing the sharpest decline. Annual figures show a slight increase, highlighting sec...
Eurozone and EU Witness a Significant 1.6% Drop in Producer Prices in March, Energy Sector Hit Hardest
In March, the Eurozone and EU saw a 1.6% drop in producer prices, with energy prices falling sharply. Despite this, annual growth was positive, indicating fluctuating economic cond...
March Sees a Sharp 1.6% Drop in Eurozone Producer Prices, Energy Sector Hit Hardest
In March, the Eurozone and EU saw a 1.6% decrease in producer prices, with energy prices dropping the most. Annually, prices increased slightly, with variations across different se...
Eurozone and EU Witness a Significant 1.6% Drop in Producer Prices in March
In March, the Eurozone and EU saw a 1.6% monthly drop in producer prices, with energy prices falling sharply by 5.8% and 5.5% respectively. Annually, prices rose slightly by 1.9% i...
March Sees a 1.6% Drop in Eurozone Producer Prices, Energy Sector Hit Hardest
In March, the Eurozone and EU saw a 1.6% drop in producer prices, with energy prices falling the most. Annual increases were noted at 1.9% and 2.1% respectively, with varying secto...
Eurozone and EU Producer Prices See Significant Drop in March, Energy Sector Hit Hardest
In March, the Eurozone and EU saw a 1.6% drop in producer prices, with energy prices falling the most by 5.8% in the Eurozone and 5.5% in the EU. Annually, prices increased slightl...
TotalEnergies Faces a 33% Plunge in Net Income: A Deep Dive into Q1 2025 Financials
TotalEnergies SE experiences a 33% drop in net income to $3.85 billion in Q1 2025, with adjusted figures also showing declines. CEO Patrick Pouyanne comments on the resilience of t...
TotalEnergies Faces a 33% Plunge in Net Income, Reporting $3.8B in Q1 2025
TotalEnergies SE reports a 33% year-on-year drop in net income to $3.85 billion for Q1 2025, with adjusted figures also showing significant declines. CEO Pouyanne comments on the r...
TotalEnergies Faces a 33% Plunge in Net Income, What's Next for the Energy Giant?
TotalEnergies SE reports a 33% drop in net income to $3.85 billion in Q1 2025, with adjusted figures also showing significant declines. CEO Patrick Pouyanne comments on the results...
TotalEnergies Faces a Challenging Quarter: Net Income Plummets by 33% to $3.8B
TotalEnergies SE reports a 33% drop in net income to $3.85 billion in Q1 2025, with adjusted figures and EBITDA also declining. Cash flow and earnings per share show significant de...
TotalEnergies Faces a Challenging Quarter: Net Income Plummets by 33% to $3.8B
TotalEnergies SE reports a 33% drop in net income to $3.85 billion in Q1 2025, with adjusted net income and EBITDA also declining. Cash flow and earnings per share have decreased s...
BP's First Quarter Profits Take a Dramatic 69% Dive to $687 Million Amid Market Challenges
BP plc reports a 69% plunge in Q1 2025 profits to $687 million, citing lower operating cash flow and weak gas trading. Despite challenges, the company increases dividends and highl...
Halliburton Reports a 6.9% Drop in Q1 Revenue to $5.4B Amid Global Market Challenges
Halliburton's Q1 fiscal 2025 revenue fell 6.9% to $5.4B, with net income dropping 66% to $203M. Despite challenges, CEO Jeff Miller highlights strong international tender activity ...
UK Industrial Sector Shows Robust Growth: February Sees a 1.5% Surge in Production
The UK's industrial production increased by 1.5% in February, with manufacturing and energy sectors leading the growth, while mining and quarrying saw a decline.
Breaking News: CATL Secures Hong Kong Stock Exchange Listing Approval for Global Expansion
CATL, a leading name in the energy sector, has secured approval for its HKEX listing, aiming to issue up to 220 million shares. The funds will support global expansion and operatio...
Breaking: CATL Secures Green Light for Highly Anticipated Hong Kong Stock Exchange Listing
CATL has reportedly secured approval for its Hong Kong Stock Exchange listing, planning to issue up to 220 million shares to fund global expansion and operational needs.
CATL Secures Hong Kong Stock Exchange Approval for Global Expansion Through Listing
CATL has been approved for a Hong Kong Stock Exchange listing, aiming to issue up to 220 million shares for global expansion, including overseas capacity and business development.
Italy's Industrial Production Takes a Hit: A 0.9% Drop in February Sparks Concerns
Italy's industrial production saw a 0.9% decline in February, with significant drops in capital, intermediate, and consumer goods. The energy sector, however, experienced a 4% incr...
US Oil Rig Count Rises to 489: A Weekly Increase Signals Shifting Energy Dynamics
The US oil rig count increased to 489, up by 5 from the previous week, while gas rigs declined by 7 to 96. Overall, the total rig count decreased by 2 to 590, marking a significant...
BP Chairman Helge Lund Announces Planned Departure in 2026, Succession Process Begins
BP plc announces the start of a search for a new chairman as Helge Lund plans to step down in 2026, aiming for a smooth transition to continue the company's strategic goals and sha...
RWE AG Reports a Staggering 43% Drop in Net Income for 2024, Falling to €2.32 Billion
RWE AG experienced a 43% plunge in net income for 2024, totaling €2.32 billion. This significant downturn highlights potential challenges within the company and the energy sector a...
Surprising 3.2% Surge in Italy's Industrial Output Signals Economic Revival
Italy's industrial production rose by 3.2% in January, signaling potential economic recovery. Sector-wise, capital goods led the growth, while energy output declined. Year-on-year,...
US Natural Gas Storage Drops by 62 Bcf: A Significant Shift in Energy Dynamics
The US has experienced a 62 Bcf decrease in natural gas inventories for the week ending March 7, as reported by the EIA. This marks a significant year-on-year decrease and a notabl...
Breaking New Ground: Private Sector Leader Takes Helm at State-Run Oil Giant HPCL
Vikas Kaushal becomes the first private sector leader to head a state-run oil company in India, marking a significant shift in the government's approach to leadership in the energy...
Breaking: Vikas Kaushal Appointed as HPCL Chairman, Marking a Historic Shift in Leadership
Vikas Kaushal, former India head of Kearney, has been appointed as the chairman of HPCL, marking a historic shift in leadership by bringing private sector expertise to a state-run ...
Eurozone's Producer Prices Surge by 0.8% in January: A Detailed Analysis
The Eurozone's producer prices increased by 0.8% in January, with the energy sector leading the growth. This article provides a detailed analysis of the monthly and annual changes ...
