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The most recent oil and gas industry financial headlines.
Kolibri Sees Earnings Slip despite Production, Revenue Growth
Friday, March 28, 2025 - Kolibri reported a 6 percent decline in net income from $19.3 million for 2023 to $18.1 million for 2024.
Nigerian State Oil Giant Seeks Advisers for Delayed IPO
Friday, March 28, 2025 - Nigeria's state oil company is courting international and local markets for advisers as it prepares for a long-delayed initial public offering.
Cnooc Profit Rises on Increased Oil and Gas Drilling Output
Thursday, March 27, 2025 - Cnooc Ltd posted higher annual earnings and boosted its dividend.
Canacol Posts $25MM Loss on Deferred Tax Payment
Thursday, March 27, 2025 - However, the gas producer's adjusted EBITDAX for Q4 2024 rose 43 percent year-on-year to $76.1 million thanks to a higher operating netback.
Trading Giants Say They'll Return to Russia If Sanctions End
Wednesday, March 26, 2025 - The heads of some of the world's top energy traders said they would be open to returning to Russia for business if sanctions were fully lifted.
Rosneft Revenue for 2024 Up 10.7 Percent on Higher Urals Prices
Wednesday, March 26, 2025 - The majority state-owned integrated oil and gas company's contribution to Russia's budget also rose to a record.
Iberdrola Gets UK Regulatory Approval for ENW Acquisition
Wednesday, March 26, 2025 - Iberdrola said it is now the second-largest distribution network operator in the UK.
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Brent Crude Oil : $73.06/BBL 0.01%
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Natural Gas : $2.72/MMBtu 1.44%
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