By AFPVoters in Madagascar head to the polls on Thursday for the first round of a tense presidential election after weeks of opposition protests demanding a "fair and equitable" vote.Outgoing President Andry Rajoelina, 49, is squaring off against 12...

Italy's Eni reported a 92 percent drop in second-quarter net profit on Friday, the latest energy firm to see its earnings fall as oil and gas prices have weakened.The company said its net profit fell to 294 million euros ($322 million) in the April-t...

Saudi Arabia has said it enjoys "full rights" along with Kuwait to a disputed gas field in the resource-rich Gulf, pushing back against claims by Iran, state media reported late Tuesday.The field, known as Arash in Iran and Dorra in Kuwait and Saudi...

By AFPShell net profit surged to a record $42.3 billion last year, the British energy giant said Thursday, as Russia's invasion of Ukraine sent oil and gas prices soaring.The post-tax figure was more than double the amount achieved in 2021, the group...

By AFPDespite joining industry groups committed to reaching carbon neutrality the world's top banks are continuing to finance new oil and gas projects incompatible with that objective, environmental activist groups warned Tuesday.The environmental gr...

The surge in energy prices that followed Russia's invasion of Ukraine has pushed Germany to the brink of a recession, but the economic pain appears to be less severe than originally feared.German statistics authority Destatis will publish GDP figures...

By AFPQatar signed a $6 billion deal with Chevron Phillips Chemical on Sunday to build a plant including the biggest ethane cracker in the Middle East, converting natural gas into polyethylene and other plastics.The Ras Laffan Petrochemicals Complex,...

By AFPQatar on Tuesday announced its first major deal to send liquefied natural gas to Germany as Europe scrambles to find alternatives to Russian energy sources.Qatar's Energy Minister Saad Sherida al-Kaabi said up to two million tons of gas a year...

By AFPEU energy ministers met Thursday to debate measures to mitigate the energy crunch in Europe but were divided over a gas price cap proposal slammed by many as a "joke".They were to discuss a proposal by the European Commission, unveiled just two...

By AFPQatarEnergy announced a 27-year natural gas supply deal with China Monday, calling it the "longest" ever seen as it strengthened ties with Asia at a time when Europe is scrambling for alternative sources.The state energy company will send four...

With the onset of very cold winter nights, European countries are seeking to fill the deficit with energy supplies from Moscow. This matter has confused the accounts of the European continent since the outbreak of the Russian war on Ukraine, which fi...