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A service for energy industry professionals · Monday, May 5, 2025 · 809,460,270 Articles · 3+ Million Readers
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  • Published on May 4, 2025 - 12:01 GMT

    India insulates itself from oil shocks

    (MENAFN) India is making strategic moves to protect itself from global oil market volatility, with crude imports from the US reaching a 27-month high in April 2025. This shift toward dependable suppliers comes amid sanctions on Venezuela and Iran. …

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  • Published on May 4, 2025 - 08:03 GMT

    Oil Giant Shell Reports Profits Higher Than Expected

    (MENAFN) Energy conglomerate Shell posted first-quarter earnings that surpassed analysts’ predictions, continuing its commitment to shareholder returns, even though its net income declined by 28 percent. Based on an official company release, Shell recorded …

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  • Published on May 4, 2025 - 22:36 GMT

    Independent Non-Executive Director Appointed

    PERTH, Australia, May 04, 2025 (GLOBE NEWSWIRE) -- Paladin Energy Ltd (ASX:PDN, TSX:PDN, OTCQX:PALAF) (Paladin or the Company) is pleased to announce the appointment of Anne Templeman-Jones as independent non-executive director of the Company. Ms Templeman …

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  • Published on May 4, 2025 - 15:02 GMT

    Russia anticipates huge surge in budget deficit

    (MENAFN) Russia’s Finance Ministry has announced that the country’s budget deficit for 2025 is expected to be more than three times its original estimate, due to falling global oil prices and heightened international trade tensions. Finance Minister Anton …

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