News Powered By AI
News Powered By AI
Shell’s quarterly profit nearly doubled to $9.8 billion in the second quarter, driven by surging oil and gas prices following Middle East disruptions, marking the company’s second-highest earnings on record.
Europe’s hydrogen refueling network is shifting from passenger cars to commercial vehicles, with 700-bar stations closing for cars but reappearing at dual-pressure hubs serving buses and trucks.
Global nuclear power generation reached an all-time high in 2025, with China accounting for all net growth while much of the developed world’s output remained stagnant or declined.
Argentina’s Vaca Muerta shale formation now accounts for over 70% of the nation’s oil and gas output, positioning it as a major contributor to energy security across the Americas.
BP’s Bumerangue discovery in Brazil could sustain the company’s upstream production and the nation’s oil output into the 2030s, with an estimated 2.5 billion recoverable barrels and potential peak output of 600,000 barrels per day.
Mexico has banned hydraulic fracturing in the Tampico-Misantla shale basin due to population density, indigenous communities, and freshwater concerns, even as the nation seeks to reduce natural gas imports from the United States.
