OMV, the Austrian oil and gas group, reported a 20% increase in net profit for the first quarter of 2024, despite a notable drop in gas prices and overall demand.
OMV, the Austrian oil and gas group, reported a 20% increase in net profit for the first quarter of 2024, despite a notable drop in gas prices and overall demand.
New US legislation to restrict imports of low-enriched uranium (LEU) restricts imports of Russian uranium to strengthen national energy security and boost the local nuclear sector.
New US legislation to restrict imports of low-enriched uranium (LEU) restricts imports of Russian uranium to strengthen national energy security and boost the local nuclear sector.
Baker Hughes CEO Lorenzo Simonelli presented a balanced view of the global oil market on the first-quarter earnings call, noting rising international activity offset by a slowdown in North America and the US gas basins.
Baker Hughes CEO Lorenzo Simonelli presented a balanced view of the global oil market on the first-quarter earnings call, noting rising international activity offset by a slowdown in North America and the US gas basins.
Ukraine is suffering the consequences of an intensive Russian missile offensive on its energy infrastructure, causing extensive damage to several thermal power plants and leading to power cuts. In retaliation, Ukraine attacked refineries in Russia with drones.
Ukraine is suffering the consequences of an intensive Russian missile offensive on its energy infrastructure, causing extensive damage to several thermal power plants and leading to power cuts. In retaliation, Ukraine attacked refineries in Russia with drones.
Israel's recent missile attack on Iran is likely to significantly increase costs for sea freight, insurance and crew salaries, even if loading operations continue for the time being.
Israel's recent missile attack on Iran is likely to significantly increase costs for sea freight, insurance and crew salaries, even if loading operations continue for the time being.
Ukraine has recently stepped up its attacks on Russian territory. Ukrainian drones specifically targeted critical energy infrastructure in eight regions, impacting a fuel depot and three power substations.
Ukraine has recently stepped up its attacks on Russian territory. Ukrainian drones specifically targeted critical energy infrastructure in eight regions, impacting a fuel depot and three power substations.
