Victor Adetimilehin

Petrobras may issue extraordinary dividends in 2024 if conditions allow, despite a recent net loss. The company remains focused on balancing payouts with future investments.

Petrochemical producers in Asia and Europe are battling oversupply and high energy costs, leading to consolidation, asset sales, and plant closures to stay competitive.

India’s Reliance Industries secures a crude-for-naphtha swap deal with Venezuela after receiving U.S. approval to resume oil trade, navigating sanctions and global oil market challenges.

Oil prices are on track for a 3% weekly gain, driven by escalating Middle East tensions and positive U.S. economic data. The market remains volatile amid ongoing geopolitical risks.

The EPA has launched investigations into biofuel producers over concerns of fraudulent feedstocks like used cooking oil, aiming to ensure sustainability and compliance with environmental standards.

U.S. natural gas producers plan strategic production cuts amid falling prices, with major companies like EQT and Apache adjusting their output to balance supply and demand.

Saudi Aramco reports a 3.4% decline in profits due to lower crude volumes and refining margins but maintains its dividend payout at $31.1 billion, highlighting its financial resilience.

The utilities sector emerges as a safe haven amid US stock market turbulence, offering stable dividends and strong earnings growth, attracting cautious investors.

Significant revisions to US energy data by the EIA have left traders and analysts confused, questioning the reliability of crucial market information.

Quantum Capital Group to buy U.S. power producer Cogentrix Energy for $3 billion, highlighting growing investor interest in the energy sector amid rising power demands.