In a world where combating climate change is becoming increasingly paramount, President Donald Trump’s decision to ramp up coal production in the U.S. presents both challenges and debates on a global scale. His recent executive orders supporting the coal industry underscore America's intent to uphold its energy traditions, despite their contentious nature.
Exxon Mobil Corp., one of the world's leading energy giants, has announced the potential for significant growth in its quarterly profit. The forecast of $2.7 billion is driven by rising oil and natural gas prices, alongside improved performance in refining and trading. These results highlight the company's resilience in a changing hydrocarbon market.
Japan’s largest oil and gas exploration company, Inpex Corp $1605.T, has announced plans to make a final investment decision (FID) on its liquefied natural gas (LNG) Abadi project in Indonesia by 2027. This decision is part of the company’s broader strategy to expand LNG supplies and support the global energy transition.