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Oil & Gas

MURPHY OIL REPORTS SHARP INCREASE IN PROFITABILITY.

Murphy Oil Corp has reported $225.8 million in net income adjusted for nonrecurring items for the second quarter nearly six times that of the same three-month period last year as soaring oil prices offset lower production and weaker gas prices.

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Oil & Gas

TANZANIA PRESIDENT CALLS FOR FASTER INFRASTRUCTURE DELIVERY VIA PPPS AS GOVERNMENT SIGNS AGREEMENTS ON POWER TRANSMISSION AND NATURAL GAS PROJECTS

Tanzania has signed a series of infrastructure investment agreements with Africa50, TANESCO, TPDC and TAQA Arabia to advance power transmission through public-private partnerships, expand industrial use of natural gas, and improve kidney dialysis services.

  • 2 months, 1 week
Hydropower

PHILIPPINES COULD BECOME THE WORLD'S FIRST GEOLOGIC HYDROGEN HUB

The Philippines is emerging as a leading candidate for the world's first commercial geologic hydrogen industry, thanks to what are believed to be the largest natural hydrogen seeps on Earth.

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Oil & Gas

UKRAINE SAYS IT HIT TWO RUSSIAN OIL REFINERIES OVERNIGHT

Ukraine struck two of Russia’s oil refineries overnight, the latest in a flurry of attacks that show a resumption of the assault on the nation’s fuel-production industry.

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Oil & Gas

RUSSIA IS RUNNING OUT OF SOLDIERS, OIL, AND TIME

More than 1,600 days after Russia launched its full-scale invasion of Ukraine, the Kremlin is facing growing military and economic pressure.

  • 2 months, 1 week
Oil & Gas

INDIA MAY CHARGE GAS USERS TO FUND PLANNED $42 BILLION FUEL RESERVES.

Planned reserves would cover about two months of crude and LNG demand, six weeks of LPG use, while Proposed levies could raise about $1.5 billion annually from cooking gas and natural gas users.

  • 2 months, 1 week