Spain’s Blackout Wiped €400 Million Off Economy, Top Bank
(Bloomberg) — Spain’s biggest ever blackout wiped almost €400 million ($454 million) off the economy, according to an…
Crude Oil Tumbles Further as OPEC+ Hike Stokes Fears
By Aduragbemi Omiyale Africa’s richest man, Mr Aliko Dangote, has taken a significant step to reduce the annual…
WTI Crude Oil Down – Energy Markets Brace for Extended Volatility
Key Highlights WTI Crude Oil prices started a major decline below $62.00 and $60.00. A connecting bearish trend…
Barclays lowers crude oil forecast
LONDON: Barclays has lowered its Brent oil price forecast by US$4 per barrel (bbl) to US$66/bbl for 2025…
Gold Dips Further and WTI Crude Oil Tumbles
Gold price started a fresh decline below $3,300. WTI Crude oil is down over 10% and remains at…
Shell Is Studying Merits of BP Deal as Rival’s Stock Slumps
(Bloomberg) — Shell Plc is working with advisers to evaluate a potential acquisition of BP Plc, though it’s…
Germany’s Red Tape Creates a Berlin-Sized Hole in Energy
(Bloomberg) — Nestled along the banks of the Neckar River in southwest Germany, the bucolic university town of…
Chevron Slashes Buybacks as Trump Trade War, OPEC Hit Oil
(Bloomberg) — Chevron Corp. will slash share buybacks this quarter after oil prices have tumbled, indicating that President…
Oil Rebounds But Set for Another Weekly Loss
By Irina Slav – May 02, 2025, 2:00 AM CDT
Oil prices temporarily increased due to reports…
Crude Oil Slips as Saudi Arabia Eyes Production Expansion
By Dipo Olowookere The Nigerian Exchange (NGX) Limited spent another day in the territory of the bears on…
Alaska LNG project aims to transform US energy exports to
Japan’s top power generator JERA, the world’s second-largest LNG buyer after China, may consider the $44 billion Alaska…
Woodside gives green light to massive Louisiana LNG project
Woodside Energy Group has approved the development of its Louisiana LNG facility, committing to a $17.5 billion investment…