OPEC+ seen likely to agree to another modest production increase after EU outlines Russian oil ban
Oil producer group OPEC+ on Thursday is seen as likely to rubber-stamp another small production increase for June.
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Oil giant Shell reports highest quarterly profit since 2008 on soaring commodity prices
Shell's bumper earnings echo profits seen across the oil and gas industry, even as many energy majors incur costly write-downs from exiting Russia.
Oil giant Shell reports highest quarterly profit since 2008 on soaring commodity prices Read More »
Want an inflation-ready portfolio? Top economist says a traditional route won't cut it
Societe Generale's global head of economics, Kokou Agbo-Bloua, explains why the firm is changing up the traditional 60/40 portfolio.
Want an inflation-ready portfolio? Top economist says a traditional route won't cut it Read More »
EU proposes gradual ban on Russian oil in sixth round of sanctions against Moscow
Russia's unprovoked invasion of Ukraine, and evidence of war crimes, has pushed the EU to take bolder steps on energy sanctions.
EU proposes gradual ban on Russian oil in sixth round of sanctions against Moscow Read More »
Natural gas surges 9% to highest level since 2008 as Russia's war roils energy markets
U.S. natural gas prices have more than doubled this year as Russia's war on Ukraine wreaks havoc on global energy markets.
Natural gas surges 9% to highest level since 2008 as Russia's war roils energy markets Read More »
EU considers exemptions to push through Russian oil embargo
Russia's unprovoked invasion of Ukraine, and evidence of war crimes, has pushed the EU to take bolder steps on energy sanctions.
EU considers exemptions to push through Russian oil embargo Read More »
BP reports bumper first-quarter net profit, but posts massive loss on hit from Russia exit
BP has reported bumper first-quarter profits and announced a further $2.5 billion in share buybacks.
Exxon Mobil's first-quarter profit rises, even after $3.4 billion hit from Russia charge
Exxon's profit rose during the first quarter, but the company booked a charge related to exiting Russia.
Exxon Mobil's first-quarter profit rises, even after $3.4 billion hit from Russia charge Read More »
Chevron's profit quadruples in the first quarter as higher oil and gas prices boost operations
Chevron's first-quarter results were helped by higher oil and gas prices.
California subpoenas Exxon for details on role in global plastic pollution
California's attorney general has subpoenaed Exxon for details relating to the company's role in misleading the public and worsening plastics pollution.
California subpoenas Exxon for details on role in global plastic pollution Read More »
