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.
oil and gas News
Eni CEO Forecasts Green Profits to Rival Oil and Gas by 2035, Surpass by 2040
Eni's CEO Claudio Descalzi projects that green business profits will match oil and gas by 2035 and exceed them by 2040, marking a significant shift towards renewable energy despite...
President Trump Announces New Tariffs on Oil and Gas Imports by February 18
President Donald Trump has announced new tariffs on steel, aluminum, copper, and energy imports, with oil and gas tariffs effective by February 18. This move aims to reduce trade d...
Equinor Exits Nigeria and Azerbaijan with $2 Billion Asset Sale
Equinor has finalized the sale of its assets in Nigeria and Azerbaijan for a combined total of up to $2 billion, marking the end of its operations in these two countries after near...
