Australian Energy Stocks Plunge as Panic Selloff Expands
Australia’s ASX energy index plummeted by 8% at close on Friday amid rising concerns about economic growth and oil demand in continued panic selling in all major markets after…
Exxon Sees Higher Prices and Refining Boosting Q1 Profit by Up to $2 Billion
ExxonMobil expects its first-quarter earnings to be higher than in Q4 by up to $2 billion, thanks to higher oil and gas prices and rising refining margins. Exxon’s earnings in……
Goldman Slashes Oil Price Forecast as Demand Outlook Dims
Goldman Sachs cut its oil price forecast for 2025 by 5.5% for Brent crude and by 4.3% for West Texas Intermediate citing OPEC+ decision to bring more production…
Brookfield to Buy Colonial Pipeline
Brookfield Infrastructure Partners has struck a deal to acquire Colonial Pipeline for about $9 billion including debt. The buyer expects the deal to be finalized in the second half…
Could global tariffs spur more demand for US energy?
It is clear already that energy is a crucial bargaining chip for the US when it comes to President Trump’s roll-out of widespread tariffs on imported goods. One upshot for…
CO2 Summit: How to scale up direct air capture
As the world continues to overshoot emissions targets, direct air capture (DAC) is increasingly seen as a vital tool in the climate toolbox. But the technology is still at a…
