The first pricing window of June 2026 is expected to see an upward adjustment in petrol and LPG price floors, while diesel prices are likely to decline slightly.
The first pricing window of June 2026 is expected to see an upward adjustment in petrol and LPG price floors, while diesel prices are likely to decline slightly.
Russian energy giant Gazprom said Thursday it suffered a record annual loss last year as the European market was practically shut to its gas exports due to sanctions over Moscow's military operation in Ukraine. Exports to Europe have long been Gazprom's top earnings source, but following the start of the conflict in Ukraine European nations sought to reduce their reliance upon Russian natural gas.
US antitrust authorities cleared ExxonMobil's acquisition of Pioneer Natural Resources under the condition that the shale producer's former CEO be barred from the company's board, regulators announced Thursday. In October, ExxonMobil announced the acquisition of the fellow Texas-based Pioneer for about $60 billion in a big bet on the Permian Basin, a key US shale region.
TikTok and Universal announced a new licensing agreement Thursday, ending a months-long dispute that saw popular music expunged from the social media platform. Millions of videos involving Universal artists became muted on the platform.
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