Oil market

Eni looks to draw investors with clean division between projects
Business

Eni looks to draw investors with clean division between projects

Italian energy giant Eni is considering giving investors a chance to invest in separate stakes in its fossil fuel projects,…
TotalEnergies sees first quarter earnings drop on lower gas prices
Business

TotalEnergies sees first quarter earnings drop on lower gas prices

French energy company TotalEnergies announced its first quarter 2024 earnings on Friday morning, announcing a 22% decline in Q1 2024…
UAE state oil company has BP in its sights as potential takeover target
Business

UAE state oil company has BP in its sights as potential takeover target

BP has recently received interest for a multi-billion pound takeover from the Abu Dhabi National Oil Company (Adnoc). However, talks…
Oil prices rise: What’s pushing up the cost of crude?
Business

Oil prices rise: What’s pushing up the cost of crude?

Brent crude oil prices touched a fresh over five-month high on Tuesday morning, at $88.3  per barrel. This was a…
Chinese energy giant finds hundred-million-ton oilfield
Business

Chinese energy giant finds hundred-million-ton oilfield

China’s third largest national oil and gas company, China National Offshore Oil Company (CNOOC), has recently revealed that it has…
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