Cyprus appealed to Russia on Thursday to help ease tensions with Turkey over natural gas exploration in the eastern Mediterranean, where a long-running dispute over jurisdiction in the energy-rich area has been heating up. A Turkish seismic ship, the Barbaros Hayreddin Pasa, sailed in waters off Cyprus earlier this week. …
Read More »Exxon Mobil and Chevron report earnings on Friday. What to Expect
Text size David McNew / Getty Images Exxon Mobil and Chevron report earnings on Friday amid a bleak period for energy reserves. Most of the oil and gas names collapsed on Thursday, because the path back to “normal” in recent months is likely to be more complicated than investors initially …
Read More »Scientists revive life forms of 100 million years ago from the depths of the seabed
Scientists have revived microbes found in sediments 100 million years ago from the depths of the ocean floor. The experiment sheds new light on where life can be found on Earth, and how resilient it can be. According to a new study published in the journal Nature Communications, the microbes …
Read More »Shell posts net loss of $ 18.3 billion in Q2 after large write-down
Carl Court | AFP | fake pictures Oil giant Royal Dutch Shell reported a sharp net loss year-on-year on Thursday after an unprecedented period of turmoil in the energy market and significantly weaker oil and gas prices. The Anglo-Dutch company reported that net income attributable to shareholders based on current …
Read More »Philippines takes ‘big step’ towards use of nuclear energy
MANILA (Reuters) – The Philippines has taken a big step to harness nuclear energy, its energy minister said on Wednesday after President Rodrigo Duterte created an inter-agency panel to study the adoption of a national nuclear energy policy. FILE PHOTO: The Bataan Nuclear Power Plant (BNPP) is seen during a …
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