Trending News: Oil Tumbles 3% as Iran Floats Hormuz Reopening Within a Week“We’re Living On An Oil Market Credit Card”: Analyst Sounds AlarmUK Gas Prices Force Ineos to Idle Three Chemical PlantsGenerate Capital sells anaerobic digestion business to UK and US platformsGenerate Capital sells anaerobic digestion business to UK and US platformsRevcoo to capture up to 8,000 tonnes of CO2 at Belgian zinc plantFortisBC moves ahead with 2.5mtpa Tilbury LNG expansion with EA approvalMontauk Renewables opens $200m US agricultural biogas facilityIndia’s Oil Import Bill Jumps 48% as Crude Prices SoarSaudi Oil Lifeline May Reopen as Aramco Eyes Yanbu RestartING: Supply-Side Risks Stay Elevated Even as Oil Prices Pull BackNorth American Helium brings ‘Canada’s largest’ helium field onlineNorthern Ireland can generate 8TWh of biomethaneUSA Diesel Price Surges AgainVideo | Biogenic CO2: what’s changed since last year?ERC Clarifies Transmission Billing Adjustments During Force Majeure Events Under Open Access Transmission Service Rules In PhilippinesPureSky Energy’s 1.98 MW Community Solar Project Begins Operations In IllinoisOil Prices Reverse Course as Traders Watch US-Iran DiplomacyU.S. Threatens to Ground Iranian Airlines WorldwideSoaring Oil and Gas Prices Push Europe’s Inflation Fight Into 2027MSEDCL Awards 2 GW/4 GWh BESS Tender At INR 2.38–INR 2.40 Lakh/MW/MonthTotalEnergies Consolidates German Renewable Energy And Storage Activities Under New ‘Integrated Power Germany’ UnitFalcon enters California market through Encore acquisitionFalcon enters California market through Encore acquisitionLarger BOC Cryospeed tankers enter serviceMiddle East Weekly: Masdar Eyes 350 MW Solar + 200 MWh BESS, RWE–Masdar Eye €3B Offshore Wind, Lebanon Sets Sub-1.5 MW Solar Rules, Masdar–SOCAR Close 315 MW Solar, Riyadh Cement Signs 30 MW Solar PPA and More…China starts work on supercritical CO2 and molten salt energy projectStallion begins high-purity helium supply amid India’s semiconductor pushHungary Asks U.S. to Waive Tariffs Over Russian Oil PurchasesHormuz Blockage Puts Qatar’s $83 Billion LNG Bet at RiskPrague Caps Fuel Prices, Taxes Orlen’s ‘Windfall’ Refining MarginsNorth Sea oil and gas decline threatens 115,000-job workforce, report saysPower start-up for Mochovce 4Google agreement to support Georgia plant upratesSamsung C&T invests in Kairos PowerBechtel steps away from TerraPower projectWholesale Gas Prices Are Reaching Consumers Faster, ECB SaysSaudi Arabia Reroutes Oil Exports as Houthi Strikes Target YanbuEFC breaks ground on $210m-backed Texas manufacturing facilityU.S. Diesel Hits Record $6.50 as Global Fuel Crunch DeepensNorway’s Arctic Oil Pitch Falls Flat in BrusselsTrafigura Launches Volare Shipping to Cash In on Record Tanker RatesIndia’s Coal Demand Set to Jump 4.2% as Plant Stocks Hit Critical LowsThe $134bn AI wave set to revolutionise semiconductor fabs and gas procurementVorn Bioenergy acquires five biogas plants in ItalyHas the Oil Market Changed Forever?Equigas forms two new authorised distributor partnershipsEquigas forms two new authorised distributor partnershipsOil Prices Slide as Traders Bet on Iran DiplomacyStrait of Hormuz Shipping Traffic Falls Further as Saudi Oil Flows RiseEurope’s Fuel Crisis Spreads From Diesel to Jet FuelPakistan Secures Second Qatari LNG Cargo Through Hormuz After Iran DealPV Hardware Expands South African Presence with New Office, Strengthening Local Operational and Technical SupportAvaada’s 3 GW Solar Cell Facility in Nagpur Draws Fadnavis Praise as Maharashtra Targets Major Solar Manufacturing ExpansionBack-Contact Solar Is Gaining Ground: What Could It Mean for TOPCon’s Dominance?Pekat Group Secures 470-Acre Kedah Land Lease For Solar And BESS DevelopmentFirst Gen Plans Up To ₱160 Billion Renewable Energy Investment Through 2031 In PhilippinesMeritus appoints first Director of AI OperationsMeritus appoints first Director of AI OperationsTotalEnergies and BlackRock Sign $1.8B Deal for African Oil and Gas AssetsSaudi Arabia Cuts Europe Off From October Crude as Gulf Exports SurgeMacron Calls for Another Emergency Oil Release as Europe Loses SupplyJPM Analysts No Longer Have USA-Iran Conflict BaselineTwo Ras Laffan LNG trains will take three years to repair confirms QatarEnergy CEOTwo Ras Laffan LNG trains will take three years to repair confirms QatarEnergy CEOIWDC appoints John Gaither as Director of ITIndian plants celebrate fuel loading milestonesAkkuyu 1 set for next stage of pre-commissioning activitiesNuward targets 10 SMRs in five EU countriesFrance prepares to start dismantling first UNGG reactorNTPC Green Energy Commissions 68.22 MW Solar Capacity At Dahod Project In GujaratVedanta Aluminium Prepares for Rising Demand for Specialised Aluminium in India’s Power Grid ExpansionGEON Commissions 10 MW/20 MWh BESS Project In Phalodi, RajasthanSuzlon Energy Allots 6.4 Lakh Equity Shares Under ESOP 2022, Paid-Up Capital Rises to INR 2,749.26 CroreNTPC Green Energy Commissions 68.22 MW Solar Capacity At Dahod Project In GujaratINEOS Opens EU’s First Full-Scale Carbon Storage Site in DenmarkStrait of Hormuz oil shipments hit six-month high, U.S. commander saysLNG Tankers Push Through Hormuz Again as Qatar, UAE Fight Supply CrunchHormuz Tanker Traffic Slumps as Saudi Arabia Scrambles for New Oil RoutesIndia’s Clean Energy Boom Halts Coal Power GrowthSaudi Oil Exports Rebound at Hormuz While East-West Pipeline Remains OfflineJapan’s Refiners Have Enough Crude to Last Through November, Industry Body SaysHouse Passes Bill Allowing New Tariffs on Russia Oil BuyersEmirates Biotech and partner launch UAE organic waste-to-biogas pilotEmirates Biotech and partner launch UAE organic waste-to-biogas pilotGF Smith adopts biomethane to colour sustainability goalsOil Prices Head for Weekly Loss as Saudi Export Fears EaseChina Pushes Coal Miners to Lift Supply as Prices ClimbChina’s Fuel Exports Surge as Global Diesel Shortage DeepensNexperia and Tata Electronics semiconductors tie up boosts supply resilienceP2H2 starts hydrogen production with 0.5MW Belgium AEM electrolyserHexa Renewables Japan Signs Corporate PPA To Supply Solar Power To Ebara’s Kumamoto PlantGreen Energy Stocks Show Mixed Trading as Sensex Ends Flat and Nifty Gains 0.31% (18 September 2026)Sungrow Claims World-First Wideband Oscillation Reproduction and Suppression at 500 MW Solar-Plus-Storage PlantAustralia Invests $49 Million To Scale Hysata Hydrogen Electrolyser Manufacturing At Port KemblaSolar & Storage Expo Madhya Pradesh 2026 Concludes on a High Note in Bhopal  South Korean initiative targets 100MW electrolyser plant designsEnergos Force FSRU arrives in GermanyClimeworks signs ‘first’ CORSIA-compliant carbon removal dealRussian Fuel Exports Rebound in August But Still Down 50% From Last Year
Tue. Sep 22nd, 2026
Trending News: Oil Tumbles 3% as Iran Floats Hormuz Reopening Within a Week“We’re Living On An Oil Market Credit Card”: Analyst Sounds AlarmUK Gas Prices Force Ineos to Idle Three Chemical PlantsGenerate Capital sells anaerobic digestion business to UK and US platformsGenerate Capital sells anaerobic digestion business to UK and US platformsRevcoo to capture up to 8,000 tonnes of CO2 at Belgian zinc plantFortisBC moves ahead with 2.5mtpa Tilbury LNG expansion with EA approvalMontauk Renewables opens $200m US agricultural biogas facilityIndia’s Oil Import Bill Jumps 48% as Crude Prices SoarSaudi Oil Lifeline May Reopen as Aramco Eyes Yanbu RestartING: Supply-Side Risks Stay Elevated Even as Oil Prices Pull BackNorth American Helium brings ‘Canada’s largest’ helium field onlineNorthern Ireland can generate 8TWh of biomethaneUSA Diesel Price Surges AgainVideo | Biogenic CO2: what’s changed since last year?ERC Clarifies Transmission Billing Adjustments During Force Majeure Events Under Open Access Transmission Service Rules In PhilippinesPureSky Energy’s 1.98 MW Community Solar Project Begins Operations In IllinoisOil Prices Reverse Course as Traders Watch US-Iran DiplomacyU.S. Threatens to Ground Iranian Airlines WorldwideSoaring Oil and Gas Prices Push Europe’s Inflation Fight Into 2027MSEDCL Awards 2 GW/4 GWh BESS Tender At INR 2.38–INR 2.40 Lakh/MW/MonthTotalEnergies Consolidates German Renewable Energy And Storage Activities Under New ‘Integrated Power Germany’ UnitFalcon enters California market through Encore acquisitionFalcon enters California market through Encore acquisitionLarger BOC Cryospeed tankers enter serviceMiddle East Weekly: Masdar Eyes 350 MW Solar + 200 MWh BESS, RWE–Masdar Eye €3B Offshore Wind, Lebanon Sets Sub-1.5 MW Solar Rules, Masdar–SOCAR Close 315 MW Solar, Riyadh Cement Signs 30 MW Solar PPA and More…China starts work on supercritical CO2 and molten salt energy projectStallion begins high-purity helium supply amid India’s semiconductor pushHungary Asks U.S. to Waive Tariffs Over Russian Oil PurchasesHormuz Blockage Puts Qatar’s $83 Billion LNG Bet at RiskPrague Caps Fuel Prices, Taxes Orlen’s ‘Windfall’ Refining MarginsNorth Sea oil and gas decline threatens 115,000-job workforce, report saysPower start-up for Mochovce 4Google agreement to support Georgia plant upratesSamsung C&T invests in Kairos PowerBechtel steps away from TerraPower projectWholesale Gas Prices Are Reaching Consumers Faster, ECB SaysSaudi Arabia Reroutes Oil Exports as Houthi Strikes Target YanbuEFC breaks ground on $210m-backed Texas manufacturing facilityU.S. Diesel Hits Record $6.50 as Global Fuel Crunch DeepensNorway’s Arctic Oil Pitch Falls Flat in BrusselsTrafigura Launches Volare Shipping to Cash In on Record Tanker RatesIndia’s Coal Demand Set to Jump 4.2% as Plant Stocks Hit Critical LowsThe $134bn AI wave set to revolutionise semiconductor fabs and gas procurementVorn Bioenergy acquires five biogas plants in ItalyHas the Oil Market Changed Forever?Equigas forms two new authorised distributor partnershipsEquigas forms two new authorised distributor partnershipsOil Prices Slide as Traders Bet on Iran DiplomacyStrait of Hormuz Shipping Traffic Falls Further as Saudi Oil Flows RiseEurope’s Fuel Crisis Spreads From Diesel to Jet FuelPakistan Secures Second Qatari LNG Cargo Through Hormuz After Iran DealPV Hardware Expands South African Presence with New Office, Strengthening Local Operational and Technical SupportAvaada’s 3 GW Solar Cell Facility in Nagpur Draws Fadnavis Praise as Maharashtra Targets Major Solar Manufacturing ExpansionBack-Contact Solar Is Gaining Ground: What Could It Mean for TOPCon’s Dominance?Pekat Group Secures 470-Acre Kedah Land Lease For Solar And BESS DevelopmentFirst Gen Plans Up To ₱160 Billion Renewable Energy Investment Through 2031 In PhilippinesMeritus appoints first Director of AI OperationsMeritus appoints first Director of AI OperationsTotalEnergies and BlackRock Sign $1.8B Deal for African Oil and Gas AssetsSaudi Arabia Cuts Europe Off From October Crude as Gulf Exports SurgeMacron Calls for Another Emergency Oil Release as Europe Loses SupplyJPM Analysts No Longer Have USA-Iran Conflict BaselineTwo Ras Laffan LNG trains will take three years to repair confirms QatarEnergy CEOTwo Ras Laffan LNG trains will take three years to repair confirms QatarEnergy CEOIWDC appoints John Gaither as Director of ITIndian plants celebrate fuel loading milestonesAkkuyu 1 set for next stage of pre-commissioning activitiesNuward targets 10 SMRs in five EU countriesFrance prepares to start dismantling first UNGG reactorNTPC Green Energy Commissions 68.22 MW Solar Capacity At Dahod Project In GujaratVedanta Aluminium Prepares for Rising Demand for Specialised Aluminium in India’s Power Grid ExpansionGEON Commissions 10 MW/20 MWh BESS Project In Phalodi, RajasthanSuzlon Energy Allots 6.4 Lakh Equity Shares Under ESOP 2022, Paid-Up Capital Rises to INR 2,749.26 CroreNTPC Green Energy Commissions 68.22 MW Solar Capacity At Dahod Project In GujaratINEOS Opens EU’s First Full-Scale Carbon Storage Site in DenmarkStrait of Hormuz oil shipments hit six-month high, U.S. commander saysLNG Tankers Push Through Hormuz Again as Qatar, UAE Fight Supply CrunchHormuz Tanker Traffic Slumps as Saudi Arabia Scrambles for New Oil RoutesIndia’s Clean Energy Boom Halts Coal Power GrowthSaudi Oil Exports Rebound at Hormuz While East-West Pipeline Remains OfflineJapan’s Refiners Have Enough Crude to Last Through November, Industry Body SaysHouse Passes Bill Allowing New Tariffs on Russia Oil BuyersEmirates Biotech and partner launch UAE organic waste-to-biogas pilotEmirates Biotech and partner launch UAE organic waste-to-biogas pilotGF Smith adopts biomethane to colour sustainability goalsOil Prices Head for Weekly Loss as Saudi Export Fears EaseChina Pushes Coal Miners to Lift Supply as Prices ClimbChina’s Fuel Exports Surge as Global Diesel Shortage DeepensNexperia and Tata Electronics semiconductors tie up boosts supply resilienceP2H2 starts hydrogen production with 0.5MW Belgium AEM electrolyserHexa Renewables Japan Signs Corporate PPA To Supply Solar Power To Ebara’s Kumamoto PlantGreen Energy Stocks Show Mixed Trading as Sensex Ends Flat and Nifty Gains 0.31% (18 September 2026)Sungrow Claims World-First Wideband Oscillation Reproduction and Suppression at 500 MW Solar-Plus-Storage PlantAustralia Invests $49 Million To Scale Hysata Hydrogen Electrolyser Manufacturing At Port KemblaSolar & Storage Expo Madhya Pradesh 2026 Concludes on a High Note in Bhopal  South Korean initiative targets 100MW electrolyser plant designsEnergos Force FSRU arrives in GermanyClimeworks signs ‘first’ CORSIA-compliant carbon removal dealRussian Fuel Exports Rebound in August But Still Down 50% From Last Year
Tue. Sep 22nd, 2026

Exxon Signals Lower Oil, Gas Prices Could Hit Second-Quarter Profit

Reuters – Exxon Mobil  signaled on Monday that lower oil and gas prices could cut its second-quarter earnings by about $1.5 billion from the previous quarter’s level.

The earnings snapshot from the largest U.S. oil producer is closely watched for clues on how the broader oil sector will fare when companies begin releasing quarterly results in a few weeks.

Benchmark Brent crude prices averaged $66.71 per barrel during the April to June quarter, an 11% decline from the previous quarter, as more crude supply from the OPEC+ group of producers weighed on prices. U.S. natural gas prices declined 9% from the first quarter.

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Exxon said in the regulatory filing that it will release the final quarterly results on Aug. 1.

Wall Street expects Exxon to report adjusted earnings of $1.53 per share for the second quarter, according to estimates compiled by LSEG.

The company had posted $6.8 billion in upstream earnings for the first quarter. Its total profit in that quarter was $7.71 billion.

Reporting by Arunima Kumar in Bengaluru and Sheila Dang in Houston; Editing by Pooja Desai and David Gregorio

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