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Petrobras hits paydirt for third time in ultra-deep Amapá waters as Equatorial Margin’s oil arsenal grows
Petrobras' third discovery off the coast of Amapá has strengthened Equatorial Margin's emerging oil frontier.
Oct 30, 2026 · StaffOriginally on Wedgetail
Oil flows are up as Iran war turmoil eases. Why do prices keep rising?
Brent crude prices are up more than 60 percent compared with pre-war levels, despite rebound in supply.
Oct 30, 2026 · StaffOriginally on Wedgetail
Gazprom says gas prices in Europe could reach $2,500 per 1,000 cubic meters
Gazprom chief executive Alexey Miller highlighted record lows in gas injection into underground gas storage facilities recorded by European countries
Oct 30, 2026 · StaffOriginally on Wedgetail
Kia Shares Plunge as Cost Surge Linked to Iran War Hits Profit
Kia Corp. shares fell to their lowest level in more than a year after the company warned that its earnings are being eroded by mounting costs linked t...
Oct 30, 2026 · StaffOriginally on Wedgetail
BP profits jump as Middle East conflict drives up oil refining margins
Third-quarter underlying replacement cost profit rises to $8.46bn, up from $2.2bn a year agoBP has posted a jump in its quarterly profits as the w...
Oct 30, 2026 · StaffOriginally on Wedgetail
SBM Offshore tasks Seatrium with multimillion-dollar South American FPSO job
Seatrium has lined up an FPSO integration deal with SBM Offshore, enabling it to play a role in powering upcoming energy projects in South America.
Oct 30, 2026 · StaffOriginally on Wedgetail
BP Earnings: Profits Jump as Refining Margins Surge
Plus, hiding from AI tech worries in the FTSE 100
Oct 30, 2026 · StaffOriginally on Wedgetail
Europe struggles to reach 75% gas storage capacity despite increased LNG imports
As of October 28, European UGS facilities were 74.89% full
Oct 30, 2026 · StaffOriginally on Wedgetail
BP’s third-quarter profit nearly quadruples to $8.5 billion as refining margins surge
The oil major was the latest to smash profit expectations as global conflicts continue to drive energy market volatility.
Oct 30, 2026 · StaffOriginally on Wedgetail
French solar car park rollout falls short of legal deadline
Three months after the deadline set by France’s APER law, 85% of large supermarket car parks still have no visible photovoltaic (PV) canopies, accordi...
Oct 30, 2026 · StaffOriginally on Wedgetail
Russia strikes energy facilities in Kyiv as aid convoy heads for besieged town of Oleshky
Russia said its forces struck energy infrastructure in and around Ukraine's capital on Friday as an aid convoy started moving overnight towards the ...
Oct 30, 2026 · StaffOriginally on Wedgetail
BP’s profits surge to record on back of high fuel prices
Oil and gas major paying off debt with windfall while competitors hand more cash back to shareholders
Oct 30, 2026 · StaffOriginally on Wedgetail