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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Daily TribuneTopic
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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Ecuador’s banana industry sets new standards with the country’s first on-dock cold storage facility, introduced by Contecon Guayaquil at the Port of Guayaquil.
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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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Motorists should brace for another fuel price hike next week due to tightening global oil production.
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These storage solutions provide a short-term fix while supporting the transition to a more sustainable and reliable grid
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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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By keeping traditional crafts alive and supporting sustainable practices, Kultura ensures that every purchase makes a positive impact. Because supporting local…
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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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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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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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Motorists are feeling the pinch this week as fuel prices climb yet again, just as the Christmas season kicks into high gear.
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Citicore Renewable Energy Corp. (CREC) is advancing the development of its Battery Energy Storage Systems (BESS) through a newly signed supply and services…
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Huawei’s contribution to the MTerra Solar project includes the full 4,500 megawatt-hours capacity of its battery energy storage system.
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The prices of fuel sold at the local pumps are displaying mixed movements in response to geopolitical and market factors, with both rollbacks and increases…
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The Commission on Audit (CoA) has flagged the Department of Health (DoH) over P11.2 billion worth of expired drugs and medicines, including 7,035,161 vials of…
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At least five individuals were arrested in a buy-bust operation conducted by the joint forces of the DDEU and the Valenzuela City Police Station in Barangay…
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