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.
energy sector News
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 ...
Eni Reports a Stunning 43% Surge in Q4 Net Profit to €247M Amidst Market Challenges
Eni S.p.A. showcases resilience with a 43% increase in Q4 net profit to €247M, despite a 4.6% drop in operational sales and a challenging global energy market. The company's strate...
Eni's Q4 Earnings Surge: A 43% Jump to €247M Net Profit Amid Market Challenges
Eni S.p.A. reports a 43% increase in Q4 net profit to €247M, despite a 4.6% drop in sales and an operating loss of €363M. Annual net profit fell by 45% to €2.6B, with diluted earni...
Eni Records a Stunning 43% Surge in Q4 Net Profit, Reaching €247M
Eni S.p.A. announced a 43% increase in Q4 2024 net profit to €247M, despite a 4.6% drop in sales from operations. Total revenues rose by 4% to €24B, with earnings per diluted share...
Diamondback Energy Eyes $5 Billion Acquisition of Double Eagle in Groundbreaking Deal
Diamondback Energy Inc. is in talks to acquire Texas energy producer Double Eagle in a deal potentially worth over $5 billion. Double Eagle, with significant assets in the Permian ...
Global Oil Prices Dip Over 1% Amid Tariff Tensions and Demand Concerns
Oil prices fell over 1% due to US tariffs on imports, raising concerns about global demand. Economists warn of potential economic impacts, including decreased energy demand.
US Oil Rig Count Sees a Slight Increase, Signaling Market Resilience Amid Challenges
The latest Baker Hughes report reveals a slight increase in the US oil rig count to 480, alongside a rise in gas rigs to 100, amidst a yearly decline. Canada shows a decrease in oi...
U.S. Oil Rig Count Sees Slight Increase to 480, Reflecting Industry Resilience
The U.S. oil rig count slightly increased to 480, with a minor weekly rise but a significant annual drop. Gas rigs also saw a weekly increase, while Canada's oil rig count decrease...
US Oil Rig Count Sees Slight Increase, Baker Hughes Reports a Rise to 480
The US oil rig count increased by one to 480, as per the latest Baker Hughes report. The gas rig count also rose slightly, while Canada saw a decrease in oil rigs but an increase c...
US Oil Industry Sees Slight Uptick: Baker Hughes Reports 480 Active Rigs
The latest Baker Hughes report reveals a slight increase in the US oil rig count to 480, with mixed trends in gas rigs and total rigs. Canada sees a decrease in oil rigs but an ann...
US Oil Rig Count Climbs: A 7-Rig Increase to 479 Signals Industry Growth
The US oil rig count increased by seven to 479, signaling industry growth, while the gas rig count slightly declined. Canada also saw a significant rise in its rig count, indicatin...
Baker Hughes Reports: US Oil Rig Count Climbs by 7 to 479, Signaling Industry Resilience
The latest Baker Hughes report reveals a 7-rig increase in the US oil rig count to 479, alongside a slight decline in gas rigs. Canada's rig count also sees growth, indicating dyna...
Chevron's Q4 Earnings Skyrocket: A 39% Surge in Net Income to $3.2B
Chevron Corp. reported a 39% surge in Q4 2024 net income to $3.2 billion, with revenue up by 10.6% to $52.2 billion. Despite a slight annual revenue increase, net income fell by 17...
Venture Global's NYSE Debut: A Rocky Start with Shares Falling Below IPO Price
Venture Global, an American liquid gas provider, debuted on the NYSE at $24.05, 3.8% below its IPO price. This marks a significant but challenging start for the company in the publ...
BPCL Reports a Significant 20% Jump in Q3 Net Profit, Reaching Rs 3,806 Crore
Bharat Petroleum Corporation Limited (BPCL) has announced a 20% rise in its net profit for the December quarter, reaching Rs 3,806 crore, up from Rs 3,181 crore last year, driven b...
Germany's Industrial Surge: A 1.5% Rise in November Signals Economic Resilience
Germany's industrial production rose by 1.5% in November, with significant growth in the energy and transport equipment sectors. Despite a year-on-year decline, the increase signal...
Navarro Promises Trump Admin Will Tackle Inflation Head-On
Peter Navarro, Trump's pick for senior counselor for trade and manufacturing, claims the new administration will tackle inflation head-on, starting with energy sector reforms and r...
