Czech power company CEZ reports eightfold profits increase
Czech power utility CEZ says its 2022 net profit reached 80.7 billion Czech crowns ($3.6 billion)…
Oil giant Saudi Aramco makes a historic $161B profit in 2022
DUBAI, United Arab Emirates — Oil giant Saudi Aramco reported Sunday earning $161 billion last…
Anti-poverty campaigners rage as energy giants rake in cash
LONDON — Anti-poverty campaigners fumed Thursday after the parent of Britain’s biggest home…
Russia says it will cut oil production over Western caps
MOSCOW — Russia announced Friday that will cut oil production by 500,000 barrels per day next…
Oil major TotalEnergies doubles annual profit to $36 billion
France’s TotalEnergies SE doubled its profits in 2022, joining other international oil and gas…
Group of Seven Agrees to Expand Sanctions on Russian Oil Industry
The U.S. and its allies agreed to cap the sales price of premium Russian petroleum products such as…
Europe reaches deal for price cap on Russian diesel
BRUSSELS — European Union governments tentatively agreed Friday to set a $100-per-barrel price…
Iran’s Deadly Street Protests Are Replaced by Quiet Acts of Rebellion
Four months after a nationwide uprising erupted in Iran, a lethal crackdown and an ailing economy…
Upstart Indian Shipper Helps Get Russian Oil to Market
Russia has managed to keep its oil moving to world markets, defying fears that sanctions imposed…