Management acknowledged that the energy crisis has fundamentally altered the operating environment for integrated energy companies. Shareholders pressed for clarity…
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A central component of the relief effort is the activation of the National Oil Crisis Plan, specifically scaling up to…
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The discount is being implemented by the Nigerian National Petroleum Company (NNPC), the state-owned entity that operates the continent’s largest…
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In contrast to the gasoline hike, diesel prices are slated to drop by ₱1.80 to ₱2.00 per liter over the…
Read More »The central development involves the simultaneous advancement of hydrocarbon production assets and solar power generation facilities. By integrating these two…
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The centerpiece of this strategic push is a 20-year sales and purchase agreement with Malaysia’s state energy firm, Petronas. Under…
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The facility’s two units have been offline since 28 July and 13 August, respectively. The prolonged period of scorching heat…
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Prime Minister Péter Magyar announced the shutdown on Saturday, citing the continued drop in the Danube’s water levels, which the…
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The pressure for immediate action has intensified following warnings from the United States, which has urged European allies to consider…
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Exports of crude from the Strait of Hormuz have largely returned to levels seen before the outbreak of the Iran…
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