Shell’s profits more than double after jump in oil and gas prices
Shell’s net profit more than doubled to $9.8 billion in the second quarter, driven by Middle East-related energy market disruptions and elevated oil and gas prices.
Shell’s net profit more than doubled to $9.8 billion in the second quarter, driven by Middle East-related energy market disruptions and elevated oil and gas prices.
BP’s chief executive urged the UK government to prioritize domestic oil and gas production while the company prepares to exit the North Sea after 60 years of operations.
GMB union seeks formal recognition at Octopus Energy, the UK’s largest energy company, while the firm maintains there is no staff demand for unionization and denies being anti-union.
Turkmenistan’s leader visited Afghanistan to advance the TAPI gas pipeline project, but negotiations over pricing and supply terms remain stalled despite optimistic rhetoric from both sides.
Heatwaves affect all electricity generation types, but nuclear, gas, wind, and solar experience different impacts as extreme heat drives up demand and strains power grids across Europe.
A National Laboratory study demonstrates that underground thermal energy storage can reduce data center cooling costs by up to 70% annually while decreasing strain on electrical grids.