Topic
Energy sector
60 stories related to this topic, newest first.
manilatimes.netfinance26 days ago
Philippine Government Publishes 2026 Strategic Investment Priority Plan
The 2026 SIPP was published June 2 and takes effect in 15 days. It lists activities eligible for tax incentives under the CREATE MORE Act through 2028.
Financial Timesfinance32 days ago
BP Begins Search for New Chair After Recent Appointment Ended
The company has started a process to find a replacement chair. Its senior independent director previously led the selection of the prior appointee.
japantimes.co.jpworld33 days ago
Officials Plan Talks With Oil Executives Over Foreign Tax Rules
Government officials have called meetings with oil company executives to discuss proposed changes to tax treatment of foreign operations. The discussions focus on closing certain overseas tax provisions.
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Washington Examinerpolitics33 days ago
Exxon Mobil Shareholders Vote to Reincorporate in Texas
Shareholders voted 71.3% in favor of reincorporating in Texas despite recommendations against the move from ISS and Glass Lewis. The decision follows years of declining support for ESG proposals and sustained outflows from sustainable funds.
insidermonkey.comfinance36 days ago
OilPrice.com Article Discusses Small-Cap Energy Stocks
An OilPrice.com article examines two small-cap energy stocks presented as potential long-term holdings. The piece notes that energy investments carry both demand stability and economic sensitivity.
foxbusiness.combusiness36 days ago
BP Reports Former Chairman Disputes Dismissal Account
Albert Manifold stated he was dismissed without explanation less than a year after appointment. The company had previously described the departure differently.
The Independentworld39 days ago
BP Dismisses Chair Albert Manifold Over Governance and Conduct Concerns
BP removed chair Albert Manifold after the board cited governance oversight and conduct issues. The departure follows earlier leadership changes at the company and comes amid shareholder pressure.
foxbusiness.comworld39 days ago
BP Removes Chairman Albert Manifold Over Governance Concerns
BP has removed its chairman Albert Manifold after the board cited serious concerns over governance, oversight, and conduct. Senior independent director Amanda Blanc said the board was surprised and disappointed by the issues uncovered.
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insidestory.org.aupolitics42 days ago
Victoria Labor Conference to Consider Apprenticeships and Cannabis Decriminalization
Officials plan to announce 2,000 apprenticeships at a revived government electricity body during the final state Labor conference before the election. The conference will also address decriminalizing cannabis.
businesstoday.inpolitics43 days ago
ExxonMobil Seeks Shareholder Vote on Moving Legal Domicile to Texas
ExxonMobil shareholders will vote on May 27 on a proposal to relocate the company's legal domicile from New Jersey to Texas. Proxy advisory firms Glass Lewis and ISS have recommended against the move.
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benzinga.comworld44 days ago
Exxon Mobil Challenges Two Proxy Advisory Firms Over Texas Move
Exxon Mobil is responding to opposition from two proxy advisory firms regarding its plan to change its legal headquarters from New Jersey to Texas. The company is taking steps to address the firms' recommendations to shareholders.
deadline.comfinance44 days ago
Shell Awards Performance Shares to Two Executives
Shell plc granted conditional awards of performance shares under its 2023 share plan to two persons discharging managerial responsibilities on May 20, 2026. The awards are subject to performance conditions set by the Remuneration Committee.
MarketWatchfinance45 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.ukpolitics48 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…
rediff.comtechnology49 days ago
Iranian Hackers Suspected of Accessing Unprotected US Gas Station Tank Monitors
Hackers accessed unprotected automatic tank gauge systems in multiple states and altered some display readings though not actual fuel levels. No physical damage occurred but the intrusions have prompted safety concerns over potential undetected gas leaks. CNN reported the breache…
South China Morning Postpolitics50 days ago
US and China Accelerate Competing Sanctions and Regulations
The United States and China have intensified efforts to issue rival legal and regulatory measures on trade, technology and security issues. Companies from multiple countries report they face conflicting requirements that make compliance with one side likely to violate the other.…
Rapplerworld51 days ago
Lopez Majority Withdraws Resolution to Oust Piki Lopez as Lopez Inc. President and CEO
The group controlling 71% of Lopez Inc. reversed its February decision to oust Federico “Piki” Lopez during a board meeting on May 14, 2026. The move opens the door for family discussions and a potential fair resolution to the intra-corporate dispute. The Lopez majority cited har…
manilatimes.netpolitics59 days ago
International Petroleum Corporation Releases 2026 Annual Meeting Vote Results
International Petroleum Corporation held its annual general meeting on May 6, 2026, in Calgary, Alberta. The company issued a release detailing shareholder votes on director nominees and related matters. The corporation trades under the symbol IPCO on the Toronto Stock Exchange a…
thehindu.comfinance59 days ago
ReNew Energy Reduces Solar Output in India Amid Grid Capacity Limits
ReNew Energy is reducing its solar power production amid challenges with India's grid infrastructure. This curtailment puts the company's profits at risk. The grid struggles to handle renewables during peak hours, according to reports.
naturalnews.comfinance59 days ago
U.S. Officials Hold Talks on Iran Ceasefire and Vatican Meeting
Defense officials stated the ceasefire with Iran remains in effect and urged prudence, while energy experts highlighted risks to global markets from potential disruptions in the Strait of Hormuz. Discussions also touched on opportunities in electricity and nuclear energy amid ris…
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livemint.comfinance60 days ago
Global Oil Liftings Recover to Pre-War Levels Driven by Surge in Americas
Global oil liftings into tankers have returned to their pre-war levels, according to a 7-day moving average chart from Vortexa. The recovery stems from increased liftings in the Americas. This data highlights a rebound in global oil movements as of May 5, 2026.
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eco-business.comworld60 days ago
First Gen Delayed Disclosure of P23.5-Billion Penalty Clause in Energy Deal
First Gen Corporation announced a P75-billion deal on February 13 without mentioning a P23.5-billion penalty clause. The clause was disclosed 60 days later amid a Lopez family dispute. Regulatory filings show the clause ties to CEO Federico Lopez's continued employment.
thegoodinvestors.sgfinance61 days ago
Seeking Alpha Highlights Positive Outlook for GE Vernova Stock Due to Power Demand Growth
Seekingalpha.com reported a bullish outlook for GE Vernova shares, citing factors such as gas turbines and electrification growth. The analysis points to rising power demand as a key driver. Additional catalysts include developments in wind and small nuclear sectors.
rte.iefinance61 days ago
TotalEnergies Reports 51% Profit Rise Amid Calls for European Oil Tax
TotalEnergies announced a 51% increase in first-quarter net profit to $5.8 billion amid rising oil prices linked to the Middle East war. Proposals have emerged across Europe to tax energy companies' profits. France is considering joining an initiative by five countries for a coor…
globalresearch.cafinance61 days ago
China Directs Firms to Bypass U.S. Sanctions on Iranian Oil-Linked Refiners
China has directed its companies not to comply with U.S. sanctions on private refiners linked to Iranian oil trade, deploying a 2021 blocking measure. The order targets sanctions on firms including Hengli Petrochemical, imposed last month. This comes ahead of a meeting between Pr…
thehindu.comfinance61 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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france24.comfinance61 days ago
Trump Issues Presidential Permit for Enbridge's Line 5 Pipeline at Michigan-Ontario Border
Enbridge, the world's largest oil and gas pipeline company by market cap, received a presidential permit from President Donald Trump for its Line 5 pipeline at the St. Clair River crossing between Michigan and Ontario. The Calgary-based firm continues to expand operations across…
ibtimes.co.ukfinance63 days ago
U.S. Stocks Close Mixed; Chevron Reports Q1 Earnings
U.S. stock indices ended the day with mixed results, as the NASDAQ climbed over 1% while the Dow dipped slightly. Chevron reported first-quarter earnings that beat adjusted profit estimates but missed on revenue. Energy stocks led sector declines, while information technology sha…
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koreatimes.co.krworld64 days ago
Chevron CEO Addresses Q1 Earnings and Middle East Conflict's Impact on Oil Supply
Chevron's chief executive officer appeared on CNBC's 'Squawk Box' to review the company's first-quarter earnings. The executive highlighted portfolio resilience and addressed production impacts from the Middle East conflict and Iran war. A key concern raised was the potential nee…
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Substrate placeholder — needs reviewworld64 days ago
Direct Commercial Flights Resume Between US and Venezuela
American Airlines operated the first direct commercial flight from Miami to Caracas since 2019, carrying passengers including US officials. The resumption follows the US capture of former Venezuelan President Nicolás Maduro in January and the restoration of diplomatic ties.
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macstories.netfinance64 days ago
Apple Reports Record Q2 Revenue
Spirit Airlines is set to cease operations as early as tonight amid low bailout odds, while Apple reported $111.2 billion in second-quarter revenue, exceeding expectations in its first results since announcing CEO Tim Cook's departure. Separate developments include GameStop's pot…
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Earthworks / Wikimedia (CC BY 3.0)finance65 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…
BBC Newsfinance66 days ago
Brent Crude Reaches $119.50; BP and TotalEnergies Report Higher Profits
Brent crude oil prices reached their highest level since 2022 at $119.50 per barrel due to disruptions from the Iran war, marking what the International Energy Agency called the biggest energy security threat in history. Energy companies BP and TotalEnergies reported significant…
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Benzingascience66 days ago
Airbus Q1 Profit Falls 52% on Lower Deliveries, But Orders Rise 46%
Airbus reported a sharp decline in first-quarter 2026 profits due to reduced aircraft deliveries and engine shortages. Competitors including Boeing, Adidas, AstraZeneca, Starbucks, Varonis Systems, and Sinopec showed varied results, with several posting revenue and profit increas…
koreatimes.co.krworld66 days ago
Oil Companies Report Higher Profits; Middle East Conflict Disrupts Supply
Major energy firms have seen significant profit increases in the first quarter of 2026 due to elevated oil prices stemming from the U.S.-Israel war on Iran. BP reported $3.2 billion in profits, more than double the previous year's figure, amid ongoing closures in the Strait of Ho…
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insider.co.ukfinance67 days ago
Oil Prices Rise as U.S.-Iran Talks Stall; BP Profits Increase
Oil prices climbed above $110 per barrel as peace negotiations between the U.S. and Iran faltered, with the Trump administration rejecting Tehran's latest proposal. This surge contributed to BP reporting first-quarter profits more than doubling to $3.2 billion. U.S. gas prices re…
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The Vergepolitics67 days ago
Courts Reject Trump Immigration Policy, Stay Pentagon Press Ruling; Bipartisan Push to Repeal FCC News Distortion Rule
Federal appeals courts issued decisions on the Trump administration's mandatory detention policy for immigrants and the Pentagon's journalist escort requirement. Former FCC officials petitioned for a vote to repeal the News Distortion Policy amid allegations of misuse.
BBC Newsfinance67 days ago
BP Reports $3.2 Billion Q1 2026 Profit
BP reported first-quarter profits of $3.2 billion, more than double the previous year's figure, driven by exceptional oil trading performance amid volatility from the U.S.-Israel war with Iran. Oil prices have risen sharply since the conflict began, with Brent crude reaching abou…
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Bloombergfinance67 days ago
Indian Firms Report March 2026 Quarter Earnings as Trent Sets Bonus Share Date
Several Indian companies including Coal India, Bajaj Housing Finance, Adani Total Gas, and AU Small Finance Bank disclosed financial results for the March 2026 quarter. Trent announced a record date for its first bonus share issue. Shares of multiple firms are in focus amid these…
Cnbcfinance67 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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themarketherald.com.aufinance68 days ago
U.S. Energy Corp Signs Five-Year Helium Supply Deal with Unnamed Global Buyer
U.S. Energy Corp announced a five-year helium offtake agreement with an unnamed global industrial gas company, covering all Phase 1 production from its Montana hub. Shares surged 35% following the news. The deal comes as helium supplies face risks from the ongoing U.S.-Iran confl…
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Bloombergworld68 days ago
Shell to Acquire ARC Resources; CATL Plans $5 Billion Hong Kong Offering Amid Health-Care Merger Activity
A surge in mergers and acquisitions hit the health-care sector today. Shell agreed to take over ARC, while CATL announced plans to seek about $5 billion in a Hong Kong offering. These developments were reported by @business.
Bloombergworld68 days ago
Consortium Including Macquarie Group Nears $6 Billion Sale of Cleco Power
A consortium that includes Macquarie Group is close to selling Louisiana utility Cleco Power to Stonepeak Partners and Bernhard Capital Partners. The transaction is valued at nearly $6 billion, according to sources reported by @business. The deal involves the transfer of ownershi…
nationalobserver.comfinance68 days ago
Trillion Energy Describes Current Oil Surge as Structural Crisis
Trillion Energy stated that the ongoing oil price increase is a structural issue rather than a temporary event. The company indicated that prices are likely to remain elevated over the long term. It attributed this to disruptions in Gulf supply and reduced flows through the Strai…
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news18.comworld68 days ago
Hanwha Ocean Q1 Net Profit Rises 131.8% to 500 Billion Won on LNG Carrier Growth
Hanwha Ocean Co. reported a first-quarter net profit of 500 billion won, up 131.8 percent from the previous year, driven by high-value LNG carrier projects. Operating profit reached 441.1 billion won, exceeding estimates. The company secured $2.45 billion in new orders, including…
raskmedia.com.aufinance68 days ago
Origin Energy Reports Decline in APLNG Revenue for Third Quarter Ending March 2026
Origin Energy disclosed a revenue drop from its APLNG operations in the third quarter. The decline stemmed from lower production levels and reduced realized prices. This period covers the quarter ending March 2026, amid volatile energy markets.
finance69 days ago
Tech Companies' Capital Expenditure Reached Over $400 Billion in 2025, Set to Increase 75% in 2026
Capital expenditure by the largest tech companies exceeded $400 billion in 2025, driven by investments in data centers. This spending is projected to rise by 75% in 2026. Additionally, global spending on AI now surpasses investment in oil and natural gas production.
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cultofmac.comfinance69 days ago
Bloom Energy CEO Recalls Advice from Former Intel CEO During 2009 Crisis
Bloom Energy CEO K.R. Sridhar shared how former Intel CEO Andy Grove advised him during a manufacturing crisis in 2009. Grove recommended engaging directly with employees to identify issues. The company has since grown, reporting $2.02 billion in revenue for 2025.
ibtimes.co.ukbusiness69 days ago
Survey Finds U.S. Shale Executives Plan to Hold Oil Production Steady Amid Iran Conflict
U.S. shale executives have indicated they do not anticipate boosting oil production substantially in response to the ongoing Iran war. A recent industry survey captured these views, highlighting a focus on maintaining current levels despite external factors. Seekingalpha.com repo…
insidermonkey.comworld69 days ago
SLB Reports Q1 2026 Earnings Amid Middle East Disruptions
SLB N.V. reported first-quarter earnings per share of $0.52, exceeding expectations despite revenue declines due to operational disruptions in the Middle East. The company highlighted growth in digital and production systems divisions, while anticipating gradual recovery in affec…
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thehindu.comworld71 days ago
Iran Set to Export 1 Million Barrels of Oil Per Day in April Despite Blockade
Iran is on track to export approximately one million barrels of oil per day in April, according to a report. This figure represents half of its March exports. The exports continue despite an ongoing blockade.
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kff.orgworld71 days ago
Chad and Algeria Sign 34 Bilateral Agreements Focusing on Energy Cooperation
Chad and Algeria have signed 34 bilateral agreements covering sectors including energy, communications, and counter-terrorism. The Chadian president stated that the deals reflect a move toward a new-generation strategic partnership. The agreements include plans for a refinery and…
techjuice.pkworld71 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.
manilatimes.netfinance71 days ago
Questerre Energy Agrees to Sell Kakwa Central Assets for $23.5 Million
Questerre Energy Corporation has entered a binding agreement to sell its non-operated minority working interest in Kakwa Central assets. The deal includes a $23.5 million cash payment and the buyer's assumption of certain liabilities. The transaction is set to close on May 1, 202…
citizen.co.zaworld71 days ago
Aviation Sector May Face Reduced Flights and Higher Fares in Coming Weeks
Chevron CEO Mike Wirth stated that the aviation sector could experience challenges over the next few weeks. He indicated that flights might be less abundant, planes could be fuller, and fares may increase. The statements were made in an interview with Margaret Brennan.
asiaone.comfinance72 days ago
Trump Announces Ceasefire Extension with Iran
U.S. President Donald Trump stated he would extend a ceasefire with Iran. Fifteen minutes before the announcement, traders placed $430 million in bets on a decline in crude oil prices. This marks the third such instance of large directional bets this month and the fourth overall.
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Substrate placeholder — needs reviewworld73 days ago
Australian Gas Industry Funds Multimillion-Dollar Campaign Against Proposed Tax
A parliamentary inquiry in Australia heard details of a gas industry advertising campaign opposing a new tax. Shell Australia's country chair testified that her company and others are contributing funds to the effort. Separately, an anti-corruption body found a former New South W…
koreaherald.comworld73 days ago
Hanwha Group Signs MOU with Alberta Government on Energy, Defense and Shipbuilding
South Korea's Hanwha Group has signed a memorandum of understanding with Canada's Alberta provincial government to explore investments in energy, defense and shipbuilding. The agreement, signed in Edmonton on April 21, 2026, ties into Hanwha's bid for a major Canadian submarine p…
tfipost.comfinance74 days agoUpdated
Multiple Companies Report Q1 2026 Earnings Beats on EPS and Revenue
D.R. Horton, General Electric, and Halliburton released their Q1 2026 earnings, with each beating analyst estimates on adjusted EPS. Revenues also exceeded or met expectations, with additional details on orders, cash flow, and segment performances. The reports come amid the curre…
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Substrate placeholder — needs reviewworld74 days ago
South Korea Hits 1 Million Cumulative EV Registrations as 2026 Sales Reach 106,939 Units by April
South Korea has exceeded 1 million cumulative electric vehicle registrations, driven by strong sales in the first four months of 2026. Government data shows 106,939 new EVs registered by April 18, marking significant growth over prior years. Factors include high fuel prices from…