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Oil output, exports drove Guyana economy's growth of 43.6% in 2024

Guyana's economy grew by 43.6% in 2024, led by oil output increases. Growth is expected to slow in 2025, particularly in the oil sector, due to falling prices.

investing.com • 17/01/2025 - 21:17 PM

Futures higher, Exxon Mobil flags hit to Q4 earnings - what's moving markets

US stock futures rise slightly after economic data pressures equities; Investors monitor upcoming labor market data and comments from the Federal Reserve regarding monetary policy.

investing.com • 08/01/2025 - 08:32 AM

Big Oil backtracks on renewables push as climate agenda falters

Major European energy companies have shifted focus back to oil and gas, slowing renewable investments amid rising costs and geopolitical tensions, potentially impacting climate change efforts.

investing.com • 27/12/2024 - 01:07 AM

Natural gas demand from US LNG export plants heads for first decline in 8 years

U.S. LNG export demand is set for its first decline in eight years, affected by plant outages and construction delays, yet capacity is expected to rebound significantly ahead.

investing.com • 20/12/2024 - 11:13 AM

AI's energy hunger fuels geothermal startups but natgas rivalry clouds future

Geothermal energy startups are gaining attention from tech firms for sustainable power, amid challenges. Investments increase as bipartisan support and improved costs make geothermal competitive with other energy sources.

investing.com • 19/12/2024 - 11:06 AM

Chevron Australia signs long-term gas supply deal with Alcoa

Chevron will supply Alcoa with 130 petajoules of gas over 10 years from 2028, aiding alumina refineries in Western Australia amidst production challenges.

investing.com • 17/12/2024 - 03:32 AM

XOM

Exxon Australian unit sued by competition watchdog over fuel claims

Exxon Mobil's Australian unit faces legal action for allegedly misleading claims about premium fuel sold at stations in North Queensland, according to the ACCC.

investing.com • 16/12/2024 - 23:47 PM

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