British oil giant BP returned to profit in the second quarter on the back of soaring energy prices, following a big loss due to its exit from Russia over the war in Ukraine, company results showed Tuesday.

ADNOC Distribution will acquire 50 percent stake in TotalEnergies Egypt.

Rising oil, gas prices are yielding bumper profits across the sector.

French oil group TotalEnergies and shipping giant CMA CGM announced price cuts on Friday as demanded by the government amid growing calls for windfall taxes on their profits

Russian oil firm Zarubezhneft will take over its remaining 20 percent stake in the Kharyaga project in the Arctic pending approval by Russian authorities.

Shell is the fifth and final international partner in the North Field expansion.

ConocoPhillips' chunk of the North Field East project is half the size of France's TotalEnergies, which has a 6.25 percent share, but the same as Italy's ENI, announced on Sunday, said Energy Minister Saad Sherida al-Kaabi.

TotalEnergies chief Patrick Pouyanne hailed a deal to expand production in the world's biggest natural gas field in Qatar but told AFP on Sunday that more projects are needed and consumers will still have to "turn down the heating" to ease the growing price crisis.

Altaaqa of Saudi Arabia and TotalEnergies of France have teamed up to establish charging stations for electric vehicles in the kingdom.

French energy firm TotalEnergies said Wednesday it had taken a $4.1 billion impairment charge on its Arctic LNG 2 gas project under construction in northern Russia. On the eve of reporting its first-quarter results, the firm said additional sanctions adopted by European authorities, "notably prohibiting export from European Union countries...

Big oil companies said their 2021 profits were $66.7 billion.

Al Bayader International, for example, has set up solar farms to offset energy costs and build sustainability, says Founder and CEO Nidal Haddad.

The service stations are part of a joint venture signed in 2019.

The United Nations has called for the world to redouble its renewable energy efforts to avert a climate emergency.

The French firm, formerly called Total, will now build four power projects in Iraq.

TotalEnergies has secured a $34 million debt from the Arab Petroleum Investments Corporation and the National Bank of Fujairah (NBF) to finance the construction of a 50MW portfolio.

The consortium now has the rights to explore Blocks 6 and 8 adjacent to the prolific Block 58 discoveries Qatar Petroleum has 20 percent share in the consortium State-owned Qatar Petroleum recently featured in a consortium that has been awarded two offshore exploration blocks in Suriname, said local reports on...

TotalEnergies is a broad energy company that produces and markets energies on a global scale The new name and new visual identity embody the new course TotalEnergies has charted for itself Global oil major Total has announced that it has won approval at the Ordinary and Extraordinary Shareholders’ Meeting to...