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APA to Slow Down Activity amid Price Volatility Share your comments
APA said it is lowering its 2025 spending plan by $175 million to protect cash flow amid uncertainty in commodity prices.
9:16 AM EST | May 12, 2025
WhiteHawk Energy to Acquire PHX Minerals for $187MM Share your comments
WhiteHawk will add approximately 1.8 million gross unit acres of premier natural gas mineral and royalty assets, significantly expanding its footprint in the core of the Haynesville Shale.
7:00 AM EST | May 12, 2025
Alliant Energy Profit Beats Expectations Share your comments
Alliant Energy posted $213 million in net income for Q1, up from $158 million for the same three-month period last year as power and gas utility revenue rose.
4:08 AM EST | May 12, 2025
Iberdrola Sells UK Smart Metering Unit to Macquarie Share your comments
Iberdrola inked a deal to divest SPSMAL to Macquarie for about $1.2 billion.
2:40 AM EST | May 12, 2025
Aramco Profit Drops with Weak Oil Signaling More Strain Share your comments
Q1 net profit slipped 4.6 percent to 97.5 billion riyals ($26 billion).
2:30 AM EST | May 12, 2025
LandBridge Posts Higher Revenue Share your comments
LandBridge reported $44 million in revenue for Q1.
7:00 AM EST | May 11, 2025
ConocoPhillips Sells $1.3B Worth of Assets Share your comments
These count toward a divestiture goal of $2 billion that the oil and gas major expects to complete in the first half of 2025.
11:01 AM EST | May 09, 2025
Occidental Completes $1.3B Sale of DJ Basin, Permian Assets Share your comments
Proceeds helped the hydrocarbons and chemicals producer repay $2.3 billion of debt.
10:30 AM EST | May 09, 2025
Suncor Profit Up on Record Refining Sales Share your comments
The Calgary-based oil sands developer, which also explores for and produces oil and gas offshore, produced 853,200 bpd upstream and sold 604,900 bpd of refined products in Q1.
6:48 AM EST | May 09, 2025
CIP to Invest $500 Million in BKV CCUS Projects Share your comments
BKV and CIP agreed to form a JV on carbon capture, utilization and storage in the U.S.
4:42 AM EST | May 09, 2025
Permian Resources to Acquire APA Delaware Basin Assets for $608MM Share your comments
Midland, Texas-based oil and gas developer Permian Resources expects the acquisition to add about 12,000 boed in Q2.
11:32 AM EST | May 08, 2025
Marubeni to Invest in ExxonMobil Ammonia Project in Texas Share your comments
The Japanese diversified company also agreed to buy about 250,000 metric tons a year of ammonia from the planned project.
5:41 AM EST | May 08, 2025
Impairment Hurts Ovintiv Results Share your comments
Ovintiv reported a net loss of $159 million for Q1.
4:21 AM EST | May 08, 2025
Russia Budget Gap Widens as Oil Revenue Falls for Third Month Share your comments
The monthly shortfall reached RUB 1.05 trillion ($13 billion) after being in surplus a month earlier.
2:30 AM EST | May 08, 2025
EPCOR Sells Texas Gas Utility to SiEnergy Share your comments
The divestment is part of EPCOR's drive to focus on water opportunities in Texas.
11:24 AM EST | May 07, 2025
Valaris at a Loss on Tax Expense Share your comments
Valaris reported a net loss of $39 million for the first quarter of 2025, hurt by a tax expense of $194 million.
6:31 AM EST | May 07, 2025
Iberdrola Raises Quarterly Revenue to $14.6 Billion Share your comments
The Spanish power and gas utility reported about $14.62 billion in revenue for Q1, up 1.5 percent from the same three-month period last year.
3:28 AM EST | May 07, 2025
Uniper Q1 Profit Slumps Share your comments
The German power and gas utility reported about $93.2 million in net income for Q1, down around 83 percent year-on-year.
3:18 AM EST | May 07, 2025
Karoon Closes Acquisition of Bauna FPSO Offshore Brazil Share your comments
'This will enhance our ability to manage operational performance and reduce long-term operating costs'.
8:00 AM EST | May 06, 2025
Imperial Oil Sees Increased Profit on Higher Prices Share your comments
The Canadian integrated oil producer reported about $932.94 million, or CAD 2.52 per diluted share, in net income for Q1.
3:11 AM EST | May 06, 2025
Ecopetrol at Risk from $2.2B Colombian Tax Claim: Union Share your comments
The state oil producer's main workers union said the tax agency is charging Ecopetrol for VAT on gasoline imported since 2022 to supply the local market.
3:03 AM EST | May 06, 2025
EOG Sees Stronger Results Quarter on Quarter Share your comments
EOG Resources reported a net income of $1.46 billion and a revenue of $5.67 billion for the first quarter of 2025.
10:30 AM EST | May 05, 2025
Seplat Revenue Soars after ExxonMobil Acquisition Share your comments
The Nigerian company reported $809.3 million in revenue for Q1, up 350 percent from the same three-month period in 2024 as higher oil and gas volumes offset lower prices.
10:14 AM EST | May 05, 2025
Sustained Domestic Demand Growth Boosts ADNOC Gas Profit Share your comments
ADNOC's gas processing and sales arm reported $1.27 billion in net profit for Q1, up 7 percent from the same three-month period last year.
4:38 AM EST | May 05, 2025
Magnolia Q1 Profit Up YoY as Production Grows Share your comments
Output grew 14 percent year-on-year to 96,500 boed, including 39,100 bpd of oil, which are quarterly production records for Magnolia.
7:00 AM EST | May 04, 2025
Hess Logs Lower Quarterly Profit on Weaker Oil Share your comments
Hess reported $559 million in adjusted net income for Q1, down about 42 percent from the same three-month period a year ago as lower oil prices offset higher natural gas prices.
9:57 AM EST | May 02, 2025
Shell Shows Its Strength by Sticking to Plans Amid Oil Downturn Share your comments
Shell Plc stood out from its peers.
7:46 AM EST | May 02, 2025
Naftogaz More Than Doubles Profit for 2024 Share your comments
The Ukrainian state-owned oil and gas company reported about $913.28 million in net profit for last year, up 64 percent from 2023 as natural gas production grew.
6:46 AM EST | May 02, 2025
Equinor Sells Majority Stake in Brazil Field for $3.5B Share your comments
Brazil's Prio will become the sole owner of the producing oilfield in the Campos Basin.
3:04 AM EST | May 02, 2025
CNOOC Ltd Quarterly Profit Down YoY on Lower Prices Share your comments
CNOOC Ltd.'s production rose year-on-year to 188.8 MMboe in Q1.
10:02 AM EST | May 01, 2025
Subsea 7 Revenue Up 10 Percent YoY Share your comments
Robust operational results in Subsea and Conventional, along with elevated activities in Taiwan's renewables sector, helped counterbalance seasonal slowdowns and vessel upkeep.
3:40 AM EST | May 01, 2025
PetroChina Boasts Stable Growth in Q1 2025 Share your comments
PetroChina reported sustained growth in oil and gas output while bolstering momentum in new energies.
3:27 AM EST | May 01, 2025
IMF Lowers Growth Outlook for Gulf Oil Producers after Price Slump Share your comments
The IMF downgraded its growth forecasts for MENA oil exporting countries including Saudi Arabia and Iraq, citing escalating global trade tensions and lower energy prices.
3:12 AM EST | May 01, 2025
Solaris Energy Infrastructure Posts Higher Revenue for Q1 Share your comments
Solaris Energy Infrastructure reported $126 million in revenue for the first quarter of 2025.
10:30 AM EST | April 30, 2025
Afreximbank Forms $3B Fund for Africa, Caribbean Oil Import Needs Share your comments
The financing program aims to help countries in the continent and the Caribbean bridge the cost of importing refined petroleum products.
7:49 AM EST | April 30, 2025
TotalEnergies Launches Another $2B Buyback Plan even as Profit Falls Share your comments
CEO Patrick Pouyanne said that reflects TotalEnergies' confidence in its balance sheet despite 'a softening price environment with Brent below $70/b since the beginning of April and an uncertain geopolitical and macroeconomic context'.
6:43 AM EST | April 30, 2025
ADNOC Sells $1.5B in Debut Sukuk Share your comments
ADNOC sold debt compliant with Islamic rules for the first time as the state producer works to diversify funding.
2:30 AM EST | April 30, 2025
Crescent Closes Sale of Permian Basin Assets for $83MM Share your comments
The assets are located in Reeves County, Texas and had projected full-year 2025 production of approximately 3,000 barrels of oil equivalent (boepd).
9:00 AM EST | April 29, 2025
BP Plans $3-4B of Divestments This Year Share your comments
'This underpins our confidence in meeting our net debt target of $14-18 billion by the end of 2027'.
7:15 AM EST | April 29, 2025
TechnipFMC Logs Higher Q1 Revenue Share your comments
TechnipFMC posted $2.23 billion in revenue for the first quarter.
2:30 AM EST | April 29, 2025
Matador Sees YoY Increase in Profit as Output Rises Share your comments
Matador posted $240.1 million in net profit for Q1 2025, up 24 percent from the $193.7 million logged for Q1 2024.
10:30 AM EST | April 28, 2025
SLB Logs Lower Profit for Q1 Share your comments
Despite being weighed down by the potential impact of tariffs, SLB expects to exceed its policy of returning over 50 percent of free cash flow to shareholders this year.
7:33 AM EST | April 28, 2025
Woodside Posts $3.32B Revenue for Q1 Share your comments
Q1 revenue fell five percent from the prior three-month period primarily due to lower production and weaker oil-linked prices.
4:29 AM EST | April 28, 2025
Oceaneering Net Income Soars for Q1 Share your comments
Oceaneering outperformed expectations for the first quarter.
2:30 AM EST | April 28, 2025
Valero at a Loss for Q1 after Booking Impairments Share your comments
Valero reported a loss attributable to shareholders of $595 million, or $1.9 per share, impacted by $1.13 billion in pre-tax impairments.
9:32 AM EST | April 25, 2025
Saipem Sees 35 Percent YoY Increase in Q1 Profit Share your comments
Saipem reported about $87.45 million in net income for Q1, up 35.1 percent from the same three-month period a year ago on the back of improvements in its engineering and construction segments.
6:48 AM EST | April 25, 2025
Liverpool Bay CCS Project Moves to Construction Phase Share your comments
Eni and the UK government have reached financial close on the Liverpool Bay CCS project, with startup planned for 2028.
4:50 AM EST | April 25, 2025
Eni Logs Lower Q1 Profit Share your comments
Eni reported $1.6 billion in adjusted net income attributable to shareholders, down 11 percent from the same three-month period a year ago as oil prices weakened and oil and gas output fell.
10:35 AM EST | April 24, 2025
Baker Hughes Posts $402MM Q1 Profit Share your comments
The Houston-based oilfield and energy tech heavyweight saw volumes fall quarter-on-quarter.
11:26 AM EST | April 23, 2025
Halliburton Q1 Profit Down 24 Percent YoY Share your comments
The U.S. tech major reported $517 million in adjusted net earnings excluding impairments and other charges for the January-March period.
8:44 AM EST | April 23, 2025
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