In an unexpected turn of events, Exxon Mobil's first-quarter earnings have placed the company in a better position than analysts anticipated, even as the broader oil industry grapples with significant turmoil. This includes fears of recession fueled by ongoing tariff disputes and fluctuating crude
In a historic move reflecting a strategic pivot in energy policy, the European Union (EU) has announced its commitment to end reliance on Russian gas by 2027. This decision arises against the backdrop of geopolitical tensions ignited by Russia's 2022 invasion of Ukraine. The situation has now
Amid economic turmoil, oil prices in the United States have reached historic lows—levels not seen since 2021—prompted by OPEC+'s strategic decision to enhance production. This change directly impacts market dynamics, raising both potential opportunities and new challenges for energy stakeholders.
India's industrial output witnessed a growth of 3% in March, marking a slight improvement from a six-month low, yet not entirely meeting the expectations set by economists who anticipated 3.3%. A significant procedural change in the data release schedule now enables earlier insight, as updates are
Australia’s Whitehaven Coal is currently facing financial and operational challenges linked to adverse weather conditions affecting coal production levels and prices. Heavy rainfall in Queensland has disrupted the company’s operations, causing supply disturbances that could elevate both
In today's interview, we're diving into the remarkable growth of the European Energy Exchange (EEX) with Christopher Hailstone, an expert renowned for his deep insights into energy management and electricity. As the world's largest online power trading platform, EEX has achieved a 16% revenue
