If artificial intelligence can truly run more efficiently, the power it needs might be less than experts assume.
If AI really doesn’t need that much power, energy companies have less incentive to produce more.
The Chinese AI company roiled financial markets and showed the road to growth in electricity demand may be bumpy.
Production in the fourth quarter averaged 175,000 barrels of oil equivalent per day, down 28% from the same period a year earlier. The latest tally included 85,000 barrels of oil per day. Murphy's ...
Energy stocks like Canadian Natural Resources are well-positioned to benefit from strong energy markets in 2025.
LONDON - British energy giant Shell on Thursday announced a 17% drop in annual net profit owing to weaker oil and gas prices ...
Copper prices fell to three-week lows early Wednesday as concerns about demand from energy companies pressured the red metal. The NYMEX Copper continuous future contract hit $4.45 a pound in mid Janua ...
The energy major said profits fell after a year of operating in ‘a lower price environment’, amid shrinking margins from its oil refining business.
The S&P 500 has had a volatile start to 2025 but has still managed to gain 3.8% year to date as of market close on Jan. 24.
The Nigerian National Petroleum Company Limited (NNPC) and the BUA Group, Abdul Samad Rabiu's conglomerate, have signed a ...
Shell and BP have been trying to close valuation gaps towards similar levels that the major US-based oil players enjoy, which would come around from a bump-up in share prices. Several companies have ...
Despite lower-than-expected fourth-quarter earnings, Shell increased its dividend and announced a new share buyback program, ...