
Shell annual profit drops to $16 bn as oil prices fall
British energy giant Shell on Thursday announced a 17-percent drop in annual net profit owing to weaker oil and gas prices as well as asset write-offs.
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British energy giant Shell on Thursday announced a 17-percent drop in annual net profit owing to weaker oil and gas prices as well as asset write-offs.
· 1 min read

Starbucks is making a significant policy change, ending its nearly seven-year open-door policy. The coffee giant now requires customers to make a purchase to…
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China’s recent economic stimulus package is expected to boost regional oil consumption, further supporting price increases
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Local retailers announced a P0.80 per liter increase in both diesel and kerosene, while gasoline prices will rise by P0.90 per liter, effective tomorrow…
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The last two years saw average temperatures exceed a critical warming limit for the first time, Europe's climate monitor said Friday, as the UN demanded…
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Motorists should brace for another fuel price hike next week due to tightening global oil production.
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The Organization of the Petroleum Exporting Countries and its allies recently extended their 2.2 million barrels per day production cuts until April 2025,…
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BAGUIO CITY — The Police Regional Office Cordillera Administrative Region (PRO-CAR) claimed that from 1 January to 31 December 2024, its operatives were able…
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PlayTime, the country’s fastest-growing online entertainment platform, is ringing in 2025 with its exciting “New Year, New Ride” promo in partnership with…
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Generation Beta is the next generation, born between 2025 and 2039, according to futurist and social researcher Mark McCrindle.
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The number of tropical cyclones each year has not risen over the past four decades but their intensity has, according to international databases analyzed by…
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Crowds will marvel at fireworks and toast champagne to greet 2025 on Tuesday, waving goodbye to a year that brought Olympic glory, a dramatic Donald Trump…
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HELSINKI, Finland (AFP) — A probe of the sabotaged Baltic Sea power cable has uncovered a drag trail stretching dozens of kilometers on the seabed, Finnish…
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The Climate Change Commission (CCC) has commended the local government units (LGUs) and non-government organizations (NGOs) in the Cordillera Administrative…
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CCC empower Paete farming families to survive and thrive.
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This estimated adjustment is triggered by the International Energy Agency’s continued expectation of an oversupplied oil market in 2025, even if OPEC+ holds…
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Cebu Pacific's inflight fundraising initiative, Change for Good, has officially surpassed the ₱100-million mark, showcasing the power of collective action and…
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Nido Petroleum Philippines Pty Ltd. is awaiting the Department of Energy's (DOE) declaration of commerciality to expand the oil exploration and production…
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