The French government has decided to raise regulated household electricity prices by 10% starting from August, a government official said on Tuesday, confirming a report from newspaper Les Echos.
Qatar Energy on Tuesday reported a 154.6 billion riyal ($42.47 billion) net profit for 2022, a 58% rise in a year when demand for liquefied natural gas surged following Russia's invasion of Ukraine.
State oil giant Abu Dhabi National Oil Company said on Tuesday the region's first high-speed hydrogen refuelling station, which will make "clean hydrogen" from water and which Toyota will help test, will be completed this year.
Oil prices dipped for a second session on Monday after Libya resumed production over the weekend while China, the world's largest crude importer, is expected to release economic data showing that its post-pandemic recovery is fizzling out.
Brazil's state-run oil company, Petrobras , will keep total investments in its upcoming 2024-2028 business plan similar to the $78 billion foreseen in its latest five-year plan, CEO Jean Paul Prates told Reuters on Monday.