Chevron’s Upstream Strength Lifts First-Quarter Earnings Past Estimate

By Downstream segment swings to loss, mainly from timing effects Upstream earnings grow 4% year-on-year CFO says $1 billion in timing effects to unwind in Q2 HOUSTON, May 1 (Reuters)…

Iran Threatens Painful Response if US Renews Attacks

By and UAE bans citizens from visiting Iran, Lebanon and Iraq Trump ‘OK’ with Iran playing in World Cup Briefing scheduled for Trump on Thursday about strike options by US…

While Asia and Europe Scramble for Natural Gas, the US Glut Has Nowhere to Go

(Reuters) – The war with Iran has boosted prices of globally traded natural gas by throttling exports from the Gulf. In West Texas, gas is so abundant that some producers…

U.S. Oil and Gas Firms Sign Deals to Operate in Venezuela

Venezuela has signed agreements with two U.S. energy firms to operate in the country as a growing number of international oil and gas companies are vying to return to the…

Iran Warns of $140 Oil as Trump Holds Hormuz Blockade

Oil prices could spike to $140 per barrel as the U.S. is keeping its blockade outside the Strait of Hormuz, Iran says and signals it won’t open the chokepoint to…

Pakistan Imports First LNG Cargo in Weeks in Relief for Energy Crisis

Pakistan has welcomed the first LNG cargo in almost two months as an LNG carrier docked at the GasPort terminal in what would be the first relief to the energy…

Exxon Beats Q1 Earnings on Oil Price Surge Despite 6% Production Drop

Higher oil prices drove the first-quarter adjusted earnings at ExxonMobil (NYSE: XOM) above the analyst estimates as the jump in prices more than offset lower oil and gas production in…

  • Gas
  • May 1, 2026
INEOS and Sandpiper to develop $1.7bn blue methanol plant in Texas City

By 13 min ago 2 min read British specialty chemical manufacturer INEOS Acetyls (INEOS) and Houston-based chemical company Sandpiper Chemicals (Sandpiper) have partnered to build one of the US’s first…

  • Gas
  • May 1, 2026
Linde juggles resilient and cyclical end market trios

By 37 min ago 2 min read They say things come in threes and that’s certainly the case for Linde in these strange times of industrial security and unpredictability. For…

  • Gas
  • May 1, 2026
Linde backlog nears $10bn as project rollout continues

By 9 min ago 2 min read Industrial gas major Linde has reported a total project backlog of $9.9bn, supported by continued project start-ups and new contract wins during the…