Topic
Energy Sector
31 stories related to this topic, newest first.
business5 hrs ago
Economist Report Defends Marinus Link as National Interest Project
Abc reported that independent economist Saul Eslake released a report defending the Marinus Link interconnector. The analysis argues the project will boost Tasmania's energy sector and break a decade-long deadlock in generation and demand.
MarketWatchfinance5 days ago
Oil Stocks Track Energy Sector Moves
Oil and gas companies span upstream exploration, midstream transport and downstream refining. Investors evaluate debt levels, dividend stability and cash reserves when selecting holdings in the sector.
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citizen.co.zapolitics5 days ago
G7 Leaders Agree to Increase Weapons Deliveries to Ukraine
G7 leaders adopted a joint statement committing to more air defence and long-range weapons for Ukraine. They also signaled readiness to tighten sanctions on Russia's energy sector.
rigzone.comfinance10 days ago
Iraq Moves to Centralize Energy Exports
Iraq is attempting to reassert federal control over its energy sector by centralizing exports, revenues, and infrastructure. Renewed cooperation between Baghdad and the Kurdistan Regional Government has revived exports through the Kirkuk-Ceyhan pipeline. Political obstacles inclu…
ai-cio.combusiness25 days ago
World Energy Investment 2026 Report Scheduled for Release
The International Energy Agency will publish its annual World Energy Investment report on May 28. The document reviews spending patterns across energy sectors and regions during an ongoing supply shortfall.
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MarketWatchfinance33 days ago
Investors Shift Toward Energy Sector Holdings
A veteran wealth manager says investors should increase exposure to energy companies. The recommendation comes as some see stronger returns than technology stocks.
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ibtimes.co.ukpolitics36 days ago
U.S. Senators Urge Administration Not to Extend Russian Oil Sanctions Waiver
Two senators sent a letter to the Trump administration opposing any extension of a sanctions waiver that allows imports of Russian oil into countries that purchase it. The waiver, first issued under the former Biden administration, is set to expire soon. The senators argued that…
marketwatch.comfinance37 days ago
Berkshire Sells $8 Billion in Chevron Shares During First Quarter
The company sold about $8 billion worth of Chevron shares in the first quarter as the oil producer's stock reached a record high. The sales occurred during a period when energy sector performance drew investor attention. The move reduced the company's holdings in the oil giant.
BBC Newspolitics40 days ago
Ukraine Anti-Corruption Officials Charge Former Presidential Chief of Staff Andriy Yermak With Money Laundering
Anti-corruption officials charged Andriy Yermak on May 12, 2026, naming him a suspect in a scheme that laundered UAH 460 million on an elite housing project. Yermak appeared in a Kyiv court the same day as prosecutors sought preventive detention or $4 million bail. The case forms…
rte.iefinance47 days ago
Equinor Posts Q1 2026 Profits Above Expectations Driven by High Oil and Gas Prices
Equinor announced profits exceeding expectations for the first quarter of 2026. The results were driven by higher oil and gas prices linked to the Iran war. @business reported the details in its coverage of energy sector earnings.
Al Jazeeraworld48 days ago
IEA: Energy Sector Methane Emissions Near Record Highs in 2025
The International Energy Agency's Global Methane Tracker 2026 shows methane emissions from the energy sector remained near record highs in 2025, with little progress in reductions despite known mitigation strategies. Tackling these emissions could free up significant natural gas…
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thehindu.comfinance49 days ago
IEA: Global Methane Emissions Plateau Near Record Highs in 2025
The International Energy Agency reported that methane emissions from the energy sector plateaued at near record highs in 2025. Abatement measures could make up to 200 billion cubic metres of natural gas available annually, potentially doubling volumes trapped by the Strait of Hor…
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medium.comfinance52 days ago
Tech Firms Report Strong Q1 2026 Earnings
Major technology companies reported robust first-quarter 2026 results, with cloud computing and overall revenue exceeding estimates. Energy sector earnings showed mixed performance, while global oil prices reached a four-year high due to ongoing conflict in the Middle East. Japan…
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Earthworks / Wikimedia (CC BY 3.0)finance53 days ago
Marathon Petroleum Shares Rise Following Dividend Announcement and Energy Sector Gains
Marathon Petroleum Corp. shares increased in overnight trading after the company declared a quarterly dividend. The rise followed a broader surge in the energy sector amid reports of discussions on sustaining an Iran blockade. Shares of other companies like Chevron and Exxon Mobi…
thehindu.comfinance54 days ago
French Oil Major Total Reports 29% Profit Increase Amid Oil Price Surge
Total, a French oil company, announced a 29% rise in profits due to higher oil prices and trading gains linked to a recent conflict. The company increased production outside the Gulf region to offset shutdowns caused by the war. This development reflects the impact of geopolitica…
Cnbcfinance55 days agoUpdated
BP Reports Quarterly Earnings More Than Doubled Due to Oil Market Volatility
BP announced that its quarterly earnings more than doubled, driven by its oil traders benefiting from market volatility. The volatility was linked to the war with Iran. The report highlights the impact of global events on energy sector performance.
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ecns.cnworld56 days ago
Guangdong Brokers Cancel Factory Supply Deals as Spot Prices Rise
Power market brokers in China's Guangdong province are canceling long-term supply deals with factories. The move comes as the Iran war drives a surge in spot prices, eroding brokers' margins. The cancellations highlight pressures in the industrial hub's energy sector.
techjuice.pkworld59 days ago
Investment Bank Projects Swift Oil Production Recovery Amid Market Pressures
An investment bank's analysis forecasts a quick return to prior oil production levels if no additional disruptions occur. This could ease global oil market strains stemming from a recent closure. Energy sector stakeholders are closely watching for signs of sustained recovery.
Substrate placeholder — needs reviewworld60 days ago
South Korea's Lee Meets Vietnam's Hung to Strengthen Energy and Infrastructure Ties
South Korean President Lee Jae Myung met with Vietnamese Prime Minister Le Minh Hung in Hanoi to discuss enhanced cooperation in nuclear energy, infrastructure, and broader energy sectors. Lee expressed South Korea's intent to support Vietnam's development goals for 2030 and 2045…
businessnews.com.aufinance60 days ago
Chevron Australia Restores Full Production at Wheatstone LNG After Cyclone Repairs
Chevron Australia has completed repairs at the Wheatstone LNG facility, bringing production back to full capacity. The repairs followed disruptions caused by Tropical Cyclone Narelle. The development was reported amid ongoing energy sector monitoring in the region.
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realclearmarkets.comworld61 days ago
Iran War Disrupts Gulf Energy Supplies and Accelerates Regional Economic Shifts
The ongoing U.S.-Israeli war against Iran has caused major disruptions to global oil and LNG supplies through the Strait of Hormuz. Gulf states are adapting by diversifying their economies and energy roles. This conflict highlights evolving partnerships in the global energy secto…
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U.S. Energy Information Administration (E.I.A.) / Wikimedia (Public domain)world71 days ago
Rebuilding Iran's Energy Infrastructure to Take Years After Cease-Fire
A cease-fire in the war in Iran has been announced, but reconstruction of the damaged energy infrastructure will require years. Henry Tugendhat, a fellow at the Center for a New American Security, stated that the wealthiest individuals will pay premium prices for remaining energy…
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Substrate placeholder — needs reviewfinance72 days ago
Indonesia's Advantages in Critical Minerals and Energy for AI Economy
Indonesia possesses advantages in critical minerals, energy resources, and population scale that position it for potential roles in the AI and energy sectors. The country's ability to achieve economic leadership in these areas depends on effective governance and execution. This a…
Riedel, Augusto (1836-1877?) / Wikimedia (Public domain)world72 days ago
Brazilian Lawmaker Proposes Bill for State-Run Company on Rare Earths and Critical Minerals
A Brazilian lawmaker has introduced a bill to establish a state-run company dedicated to rare earths and critical minerals. The proposal aims to secure domestic supply chains for these resources, which are essential for technology and energy sectors. The bill's progress depends o…
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Substrate placeholder — needs reviewworld72 days ago
Engie Prepares Divestments in US and France to Fund UK Power-Distribution Acquisition
French energy company Engie is arranging asset sales in the United States and France to raise capital for acquiring a power-distribution business in the United Kingdom. Sources familiar with the matter indicated the divestments are in preparation. The move aligns with Engie's str…
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Substrate placeholder — needs reviewfinance73 days ago
Russian Government Considers Increasing Domestic Fuel Supplies, Deputy Prime Minister Novak Says
Russian Deputy Prime Minister Alexander Novak stated that the government is examining options to boost fuel supplies to the domestic market. This move aims to address potential shortages amid ongoing economic pressures. The announcement comes as Russia manages its energy sector u…
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Substrate placeholder — needs reviewfinance73 days ago
Mexico's President Sheinbaum Announces Support for Shale Gas Development
Mexican President Claudia Sheinbaum, a trained climate scientist, has indicated support for developing the country's shale gas deposits. This position involves hydraulic fracturing, though the term was not used in the announcement. The policy shift occurs amid Mexico's energy sec…
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Substrate placeholder — needs reviewfinance74 days ago
Financial Experts Discuss Market Resilience Amid Geopolitical Tensions and Energy Sector Outlook
Market analysts from Truist, Hightower Advisors, and Morgan Stanley appeared on CNBC's Power Lunch to address the U.S. stock market's response to recent ceasefire developments and rising energy prices. They highlighted high profit margins as a factor in market stability. Discussi…
Palindromedairy / Wikimedia (CC BY-SA 4.0)world75 days ago
Major Declines Reported in US Crude Oil, Brent Crude, Gasoline and Heating Oil Prices
Energy prices experienced significant drops on the reported day, with US crude oil falling 14 percent. Brent crude oil declined 13 percent, gasoline 10 percent, and heating oil 17 percent. These changes reflect current market conditions in the energy sector.
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Substrate placeholder — needs reviewfinance77 days ago
US Oil Futures Prices Rise Above $114 Per Barrel on Market Reopening After Holiday Weekend
US oil futures prices exceeded $114 per barrel as trading resumed following a three-day weekend. The surge occurred in the reopening of US market futures. This development reflects activity in the energy sector amid standard market operations.
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Jeff Schmaltz, MODIS Land Rapid Response Team, NASA GSFC / Wikimedia (Public domain)finance77 days ago
Libya's Oil Production Reaches 1.43 Million Barrels Per Day, Highest in Over a Decade
The head of Libya's National Oil Corporation announced that the country's oil output has increased to approximately 1.43 million barrels per day. This marks the highest production level in more than a decade. The announcement highlights a recovery in Libya's energy sector amid on…
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