For the first quarter, underlying replacement cost (RC) profit* was $2,358 million, compared with $2,586 million in 2018. Underlying RC profit is after adjusting RC profit* for a net charge for non-operating items* of $252 million and net adverse fair value accounting effects* of $11 million (both on a post-tax basis). RC profit was $2,095 million for the first quarter, compared with $2,389 million in 2018.

Royal Dutch Shell plc (the ‘company’) today announces the commencement of trading in the next tranche of its share buyback programme previously announced on July 26, 2018.

Baker Hughes, a GE company Announces First Quarter 2019 Results Orders of $5.7 billion for the quarter, down 17% sequentially and up 9% year-over-year Revenue of $5.6 billion for the quarter, down 10% sequentially and up 4% year-over-year

Oil prices fell on Monday, extending a slump from Friday that ended weeks of rallying, after President Donald Trump demanded that producer club OPEC raise output to soften the impact of U.S. sanctions against Iran.

Poland, Germany, Ukraine and some other countries suspended imports of Russian oil via the Druzhba pipeline this week due to the contamination. Russia said it plans to restore the pipeline to Europe to stability in two weeks.

Most of the systems in the U.S. were constructed in the 50s and 60s and they had a life expectancy of 50 years. Today, almost all operate at maximum capacity and they are all stretched to the limit. With population growth, spiraling demand, changes in power generation and mandates for the use of clean and renewable energy sources, change must come quickly.

Putin said Ukraine was overpaying for gas which it could get much cheaper if it signed a transit deal with Russia.

China's crude oil imports from Iran, the March volume rose 6.2% from February on a barrels-per-day basis, despite dropping by a quarter from the same month of last year.

"Not extending the oil waivers of some countries is another side of the US measures against Iran. But if Iran's oil is fully sanctioned, oil price will go higher than $100 per barrel,"

The European nuclear industry sustains more than 1.1 million jobs in the EU and generates more than half a trillion euros in GDP, according to a new study by Deloitte released yesterday. The study was commissioned by the European nuclear trade association Foratom to assess the contribution of the nuclear sector to the overall economy of the EU28 both today and in 2050.