Exxon Beats Wall Street Profit Estimate, Boosted by Guyana and Permian Production

Summary Exxon on track to meet annual share repurchase target Lower-cost production in Permian, Guyana helps boost earnings Oil and gas production up from a year ago Shares rise about…

Shell Profit Beats Expectations, Buybacks Kept Steady

By Q1 adjusted earnings $5.58 billion above forecast $4.96 billion Will buy back shares worth $3.5 billion in next three months Contrasts with BP that cut buybacks this year CEO…

Trump Administration Challenges State Climate Laws in Court

The U.S. Justice Department is suing the states of New York, Vermont, Michigan, and Hawaii over state climate actions it described as unconstitutional.   The DOJ on Thursday filed complaints against…

Shell Continues Share Buybacks After Strong Q1 Earnings

Shell (NYSE: SHEL) is launching another $3.5-billion buyback, keeping the pace of its share repurchases, after posting consensus-beating earnings for the first quarter.   Shell reported on Friday adjusted earnings of…

Indian Refiner BPCL Looks to Source Cheaper U.S. LPG in Swap Deal

Indian state-held refiner and fuel retailer Bharat Petroleum Corporation Ltd (BPCL) is in discussions with suppliers to swap a Middle East cargo with liquefied petroleum gas (LPG) with cheaper supply…

Improved Refining Margins Help Chevron Meet Q1 Profit Estimates

Chevron (NYSE: CVX) reported on Friday adjusted earnings for the first quarter in line with analyst estimates as the U.S. supermajor’s downstream business recovered from a loss for the prior…

  • Gas
  • May 2, 2025
Linde bullish on sale-of-gas $7bn backlog despite Dow delay

Industrial gas major Linde says its project backlog remains strong at $7bn in sale-of-gas projects and is expected to grow by year-end, despite a delay to its $2bn clean hydrogen…

POWERCHINA Inaugurates Solar PV-Diesel Hybrid Microgrid Project in Suriname

Suriname’s Vice-President Ronnie Brunswijk and Minister of Natural Resources David Abiamofo attended the inauguration and lighting ceremony of the Botopasi Microgrid Project, part of the second phase of the Suriname…

GoodWe Releases 2024 Sustainability Report Highlighting ESG Progress, Green Innovation, and Global Community Impact

GoodWe, a global frontrunner in solar inverters and smart energy solutions, has published its 2024 Sustainability Report—its fourth annual ESG disclosure. The report outlines the company’s advancements in environmental, social,…

POWERCHINA Showcases Renewable Energy Leadership at Senegal’s Premier Green Energy Expo

The 8th International Exhibition of Renewable Energy and the Environment in Africa was recently held in Dakar, drawing wide participation from government bodies, embassies, and industry players. POWERCHINA, invited by…