... Europe and the U.S. (including BP, TotalEnergies, ExxonMobil, and Chevron) reported declines in quarterly profits compared to the peak first half of 2024 but overall earned more than forecasted. Despite retreating from last year's record levels, the oil and gas sector continues to generate a solid cash flow. Many companies maintain generous returns for shareholders (dividends, share buybacks), signaling confidence in business stability. At the same time, the industry has outlined further development paths, adapting ...

... in the coal industry, the rapid growth of renewable energy sources (RES), recent trends in the electricity sector, and geopolitical factors reshaping global energy trade. This information will be valuable to investors and market participants in the oil and gas sector—ranging from oil, gas, and fuel companies to representatives of electricity, coal, and renewable energy industries. Oil Market: Price Stability and OPEC+ Output Increase As the week begins, oil prices remain relatively stable, with Brent trading ...

... Balkan branch of the TurkStream pipeline. As a result, Russia's natural gas production in the first seven months of 2024 increased by 10.6%, reaching 334 billion cubic meters, added the CEO of OPEN OIL MARKET. "The increase in revenue from the gas sector has become one of the reasons for the growth in oil and gas budget revenues, which rose by 56% in the first eight months of 2024—from 4.84 trillion to 7.56 trillion rubles. It is likely that the growth in MET and export duty revenues on gas will continue in the coming months, as gas transit through the ...

... coal sector , the rapid growth of renewable energy (RE) , recent changes in electricity supply , and the geopolitical factors reshaping global energy trading. This information will be valuable for investors and stakeholders in the fuel and energy sector—from oil, gas, and fuel companies to electricity, coal, and RE sector specialists. Oil Market: Price Stability Amid Trade Agreements and Supply Growth At the start of the week, oil prices maintain relative stability, with Brent trading around $69 per barrel. Market ...

... generation from coal will begin to gradually decline post-2025. However, the current situation demonstrates the complexity of navigating a transition period in energy systems worldwide without leveraging older resources. For investors, this signals that the oil and gas sector, alongside coal, will retain significance in the coming years—provided that modernization and environmental improvements in production take place. For Energy Sector Investors Collectively, the news from Thursday reflects the complex and multifaceted ...