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Arunima Kumar on Muck Rack

Arunima Kumar

Verified
  • Energy and Resources Deputy Editor in-Charge, Reuters
Bangalore, Mumbai
As seen in: Reuters, Medium, MSN, MSN Canada, MSN India, MSN Ireland, MSN Money Canada, MSN UK, MSN Chile, MSN España, Reuters Japan and
Energy and Resources Deputy Editor in-Charge @Reuters in BLR. DM open for tips or mail arunima.kumar@tr.com
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Articles

Marathon Petroleum's profits surge on big refining margin boost

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By Nicole Jao Verified, Arunima Kumar Verified
| MSN Verified
By Nicole Jao and Arunima Kumar NEW YORK, Aug 4 (Reuters) - U.S. refiner Marathon Petroleum on Tuesday reported second-quarter profit jumped four-fold to $5.14 billion, topping analyst estimates as prolonged disruptions to crude supplies through the Strait of Hormuz doubled refining margins. U.S. refiners have been among the biggest financial beneficiaries of the Iran war that has disrupted global energy shipping, as international buyers have been willing to pay more to lock down supplies.
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ExxonMobil says LNG projects diversify portfolio, won't 'shy away' from Middle East

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By Arunima Kumar Verified
| Zawya Verified
ExxonMobil said on Friday its pipeline of liquefied natural gas (LNG) projects would diversify its production away from the Middle East, but the company said it remains committed to pursuing opportunities in the region because of its long-term importance to global energy markets. "We won't shy away from the region," CEO Darren Woods said on the company's post-earnings conference call, adding that the region would remain an important source of natural gas.
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Shell to sell Gulf of America assets to Talos Energy, Ridgewood for $1.7 billion

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By Arunima Kumar Verified, Pranav Mathur, Vijay Kishore
| bbc.bm
The assets produced about 37,000 barrels of oil equivalent per day net to Shell in 2025 International News via Reuters: Shell said on Tuesday it had agreed to sell its interest in the Na Kika platform and associated fields in the Gulf of America, along with the Coulomb tieback, to subsidiaries of Talos Energy and Ridgewood Energy for $1.7 billion. The assets produced about 37,000 barrels of oil equivalent per day net to Shell in 2025.
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