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BP profit quadruples as Iran war sends refining margins soaring and debt tumbles

BP's net profit quadrupled between July and September as the Iran war sent refining margins and oil prices soaring, with the British energy giant beat...

Oct 30, 2026 · Staff
Originally on Wedgetail
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SEG Solar plans 4 GW HJT cell manufacturing plant in Texas

SEG Solar has secured land for a planned $950 million heterojunction (HJT) solar cell manufacturing facility in the Houston area, Texas. The post SEG ...

Oct 30, 2026 · Staff
Originally on Wedgetail
News
TotalEnergies posts record profits as it keeps a lid on fuel prices

As hundreds of thousands across France are expected to take to the street again this weekend to protest the high cost of living, oil and gas giant Tot...

Oct 30, 2026 · Staff
Originally on Wedgetail
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ExxonMobil and Chevron post bumper profits and warn on diesel supplies

US oil groups are profiting from soaring refining margins because of Donald Trump’s war in Iran

Oct 30, 2026 · Staff
Originally on Wedgetail
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Noble rigs’ $560 million drilling gigs push fleet backlog to $6.7 billion

Noble Corporation has secured a string of new deals across multiple geographies, spanning South America, Africa, and Europe.

Oct 30, 2026 · Staff
Originally on Wedgetail
News
Will diversifying fuel imports be enough to fix Indonesia’s energy shortfall?

Indonesia is looking beyond Singapore for petrol supplies as it seeks to reduce its dependence on a single source, but analysts say diversifying impor...

Oct 30, 2026 · Staff
Originally on Wedgetail
News
Exxon Increases Stake in Mozambique Gas Project Via Eni Swap

ExxonMobil Holdings Corp. increased its stake in the planned Rovuma liquefied natural gas project in Mozambique after a swap with Eni SpA.

Oct 30, 2026 · Staff
Originally on Wedgetail
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Exxon Reaps Record Oil-Refining Profits on War-Driven Gasoline, Diesel Spikes

ExxonMobil Holdings Corp. surpassed profit expectations on the strength of surging gasoline and diesel prices that pushed refining results to an all-t...

Oct 30, 2026 · Staff
Originally on Wedgetail
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EU countries pledge 20.5mn diesel barrels as winter supply fears grow

The eleven countries also urged Brussels to ensure the bloc has functioning refineries capable of turning crude oil into the products its economy cons...

Oct 30, 2026 · Staff
Originally on Wedgetail
News
Russia steps up Africa nuclear push

At the Russia-Africa summit, Moscow offered to supply floating nuclear power plants to coastal countries.

Oct 30, 2026 · Staff
Originally on Wedgetail
News
Chevron beats earnings expectations as refining profits soar on high diesel fuel prices

Diesel prices have surged globally as Ukraine and Iran have bombed refineries in Russia and the Middle East.

Oct 30, 2026 · Staff
Originally on Wedgetail
News
Doosan to manufacture upper reactor vessel for NuScale SMR

US small modular reactor developer NuScale Power has signed a contract with South Korea's Doosan Enerbility to manufacture an upper reactor coolant sy...

Oct 30, 2026 · Staff
Originally on Wedgetail