Nigeria
The recent petrol price hike, effective Monday, October 13, 2025, saw significant increments across key Nigerian cities. In Lagos, the pump price of petrol jumped by N127, moving from N865 per litre to a staggering N992 per litre. Similarly, in the nation's capital, Abuja, the price increased by
Occidental Petroleum
The long-standing, strategic relationship between Occidental Petroleum (NYSE: OXY) and Warren Buffett's Berkshire Hathaway (NYSE: BRK.A, BRK.B) has entered a new and pivotal phase, with Berkshire Hathaway agreeing to acquire Occidental's chemical division, OxyChem, for $9.7 billion in an all-cash transaction. Announced on
Renewable Energy
The financial markets are witnessing a significant resurgence in renewable energy stocks, marking a pivotal shift in investment sentiment and energy market dynamics. As of late 2025, clean energy companies are attracting substantial capital inflows, driven by a powerful combination of escalating global electricity demand, robust governmental policy support, and
Enbridge
Calgary, AB – October 9, 2025 – Enbridge Inc. (TSX: ENB, NYSE: ENB), a North American energy infrastructure giant, experienced a modest dip in its stock performance today, closing down 1.578% on the Toronto Stock Exchange at C$67.38 and 1.57% on the NYSE at $48.26. This movement
Meren Energy
New York, NY – October 8, 2025 – Meren Energy Inc. (OTCMKTS: AOIFF, TSX: MER) saw its stock price dramatically gap up today, opening at $1.40, a notable increase from its previous close of $1.34. This sudden surge in investor confidence appears to be fueled by a confluence of factors,
MarketMinute
Exxon Mobil Corporation (NYSE: XOM) has embarked on a significant global restructuring, announcing approximately 2,000 job cuts—representing 3-4% of its global workforce—alongside a major operational overhaul. These decisive actions, occurring in late September and early October 2025, are part of a long-term strategy to enhance operational efficiency,
Oil and Gas
The global oil and gas industry is currently in the throes of a significant upheaval, marked by widespread job cuts across major companies. This sweeping workforce reduction, impacting tens of thousands of employees in 2024 and 2025, is a direct response to a sustained period of lower commodity prices and
Energy Sector
As the trading day concludes on September 30, 2025, the energy sector once again finds itself at the epicenter of market dynamics, grappling with persistent volatility in oil and gas prices while simultaneously accelerating its pivot towards renewable energy sources. Today's performance reflects the complex interplay of global
Canadian Energy
Calgary, Alberta – September 30, 2025 – The Canadian energy sector finds itself at a crossroads, with a recent Fall 2025 Energy Sector Survey from ATB Capital Markets revealing a "lukewarm" outlook characterized by a stark divergence in sentiment: robust optimism among producers contrasted with persistent caution from institutional investors.
TotalEnergies
Paris, France – September 29, 2025 – TotalEnergies (EPA: TTE), one of the world's leading energy companies, has announced a significant recalibration of its financial strategy, including a substantial cut in annual capital expenditure and the launch of a comprehensive savings plan. This strategic pivot, unveiled during its Strategy and
Energy Stocks
As September 25th, 2025 dawns, the energy sector stands at a critical juncture, navigating the complex interplay of persistent geopolitical tensions and the burgeoning, insatiable demand from the artificial intelligence (AI) revolution. MarketBeat's latest analyses highlight a diverse array of energy stocks, from traditional oil and gas giants
Energy Sector
Devon Energy Corp. (NYSE: DVN), a prominent independent oil and natural gas producer, has significantly bolstered its proved reserves through a combination of robust organic drilling programs and strategic acquisitions. This expansion, highlighted by substantial additions in its year-end 2023 and 2024 reports and a key acquisition in the Williston