oil industry
- Europe
Eni launches supercomputer in bid to discover new oil and gas fields
With an estimated cost of over €100m, the supercomputer – known as the HPC6 – will be able to handle…
Read More » - Europe
What could shape the markets in 2025? Here’s what the analysts think
After a year of new records on the stock market, 2025 is expected to bring more rallies. But what are…
Read More » - Europe
Oil prices hit as Trump signals increasing support for more drilling
US President-Elect Donald Trump’s enthusiasm for more oil drilling in the US is causing increasing volatility in oil prices, as…
Read More » - Europe
Shell wins landmark climate case – what does it mean for investors?
The current court decision does not mean that the oil giant will turn away from its green targets, but it…
Read More » - Europe
TotalEnergies’ profits hit by lower refining margins in Europe
French energy company TotalEnergies announced its third quarter results, posting a sharply lower net profit, as its European refining margins…
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ING pledges to stop financing new upstream oil and gas projects
ING says it would no longer be offering finance to pure-play oil and gas companies for explorations or developments in…
Read More » - Politics
Republicans Want Oil Execs To Stop Apologizing And Do Less To Avert Climate Disaster
Executives from six major oil and gas companies testified during a congressional hearing this week as gasoline prices neared record…
Read More » - Politics
Oil-Backed Republicans Blame Biden’s Energy Policies For Russian Invasion
Republicans, including some of the biggest recipients of fossil fuel campaign donations, are blaming Russia’s invasion of Ukraine on President…
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