Sinopec First-Half Net Fell on Weak Demand

[ad_1] The company attributed a decline in revenue to lower prices for crude oil, refined oil products and chemical products and lower sales volume of petrochemical products. [ad_2] Source link

Sasol Cuts Dividend After FY 2023 Profit Fell on Impairments

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Woodside Energy CEO Upbeat About Resolving Labor Dispute

[ad_1] Woodside Energy is making good progress toward resolving a labor dispute in Australia that has jolted natural gas markets worldwide, Chief Executive Meg O’Neill said. [ad_2] Source link

Talking Markets: Natural-Gas Supply Worries Resurface Amid Threats of Strikes in Australia

[ad_1] Natural-gas prices in Europe surged as strikes in Australia continued to threaten global supply, highlighting volatility in the market despite gas storages in Europe being nearly full. [ad_2] Source…

WSJ News Exclusive | U.S. Plans New Tariffs on Food-Can Metal From China, Germany and Canada

[ad_1] The levies, announced in response to dumping allegations, could raise prices for canned foods, an industry group says. [ad_2] Source link

Texas Sues Shell Over Massive Fire at Houston Chemical Plant

[ad_1] State officials allege that the multiday fire caused ‘mass quantities’ of airborne contaminants and illegal flows of wastewater into nearby waterways. [ad_2] Source link

Natural-Gas Prices Soar on Australian Labor Dispute

[ad_1] Most of Australia’s supply is committed to Asia, so a sudden drop in LNG exports could push European and Asian buyers into a bidding war for gas from elsewhere,…

BP Profit Declines More Steeply Than Peers’ as Lower Oil and Gas Prices Bite

[ad_1] Second-quarter earnings fell almost 70% from a year-ago bonanza. The London-based oil major boosted its dividend and continued to buy back shares. [ad_2] Source link

Shell’s New Strategy Avoids the Toughest Questions

[ad_1] The European energy major promises stable oil and gas production this decade, but higher hurdles for investments in lower-carbon alternatives. [ad_2] Source link