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A service for energy industry professionals · Sunday, May 4, 2025 · 809,354,684 Articles · 3+ Million Readers
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  • Published on May 4, 2025 - 12:01 GMT

    India insulates itself from oil shocks

    (MENAFN) India is making strategic moves to protect itself from global oil market volatility, with crude imports from the US reaching a 27-month high in April 2025. This shift toward dependable suppliers comes amid sanctions on Venezuela and Iran. …

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  • Published on May 4, 2025 - 08:03 GMT

    Oil Giant Shell Reports Profits Higher Than Expected

    (MENAFN) Energy conglomerate Shell posted first-quarter earnings that surpassed analysts’ predictions, continuing its commitment to shareholder returns, even though its net income declined by 28 percent. Based on an official company release, Shell recorded …

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