Results 50 articles shown
Trafigura Pays Record Dividend as Profit Soars Over $4B
Trafigura Group made a record payout to its top traders and executives.
8:00 PM EST | June 03, 2026
Monumental Energy Raises $2.2MM in Share Offering
Part of the proceeds will fund additional oil and gas workover wells in New Zealand.
8:00 PM EST | May 27, 2026
Eni, BlackRock CCUS JV Raises $582MM
The carbon capture, utilization and storage joint venture of Eni and BlackRock's GIP has secured EUR 500 million in financing to support ongoing and additional projects.
8:00 PM EST | May 25, 2026
Uniper to Resume Dividend Payments
Uniper shareholders approved a dividend of EUR 0.72 ($0.84) per share for 2025, the power and gas utility's first dividend payment since its bailout by the German government late 2022.
8:00 PM EST | May 24, 2026
Petrobras Misses Estimates
Brazil's state-controlled oil company Petrobras fell short of earnings estimates as it held domestic gasoline prices stable during the war-driven price surge.
8:00 PM EST | May 11, 2026
Iberdrola to Invest $10B in Brazil through 2030
'The new plan almost doubles the 27.5 billion reais invested over the last five-year period (2021-2025) and ushers in a new phase of growth based on the expansion, modernization and digitalization of electricity infrastructure'.
8:00 PM EST | May 10, 2026
ADB Targets $70B for Asian Power Grid Integration, Data Centers
The multilateral lender aims to mobilize $50 billion in financing to help Asia-Pacific countries build cross-border electricity grids and an additional $20 billion to support data center growth in the region.
8:00 PM EST | May 05, 2026
Exxon, Chevron Beat Profit Estimates
Exxon Mobil Corp. and Chevron Corp. posted stronger than expected earnings for the first quarter.
8:00 PM EST | April 30, 2026
OMV Petrom Raises Annual Budget by 23 Percent
OMV Petrom shareholders approved around $2.07 billion in investment for 2026, mostly for the Neptun Deep gas project on the Romanian Black Sea.
8:00 PM EST | April 28, 2026
BP Emerges as Top Big Oil Stock During Iran War
BP Plc, long the laggard among oil supermajors, is emerging as the sector's top stock during the Iran war.
8:00 PM EST | April 26, 2026
EIV Capital Raises $1.1B for New Oil and Gas Funds
The Houston-based private equity firm completed a capital raise to launch two oil and gas investment funds, attracting a total of around $1.1 billion.
8:00 PM EST | April 23, 2026
Calcasieu Pass LNG Secures $1.75B Loan
Venture Global used part of the proceeds from the senior secured, term loan B facility to redeem preferred equity interests issued to Stonepeak Bayou Holdings II.
8:00 PM EST | April 16, 2026
Eni Invests $70MM in Canadian Battery Feedstock Project
Eni committed $70 million in equity investment to Nouveau Monde Graphite and plans to place an order of 15,000 tpa of graphite concentrate from phase 2 of NMG's Matawinie Mine project in Canada.
8:00 PM EST | April 12, 2026
Eni Secures EIB Funding for New Italian Biorefinery
This is Eni's second biorefining project to be bankrolled by the EIB.
8:00 PM EST | April 01, 2026
Eni Plans to Raise Shareholder Returns
Eni has bumped up the upper range of its shareholder distributions from 35-40 percent of cash flow from operations to 35-45 percent as part of its updated plan (2026-30).
8:00 PM EST | March 18, 2026
EIB to Shell Out $87B in Clean Energy Financing over 3 Years
The European Commission adopted a new Clean Energy Investment Strategy under which the European Investment Bank is expected to roll out EUR 75 billion over the next three years.
8:00 PM EST | March 11, 2026
Repsol Focuses on US for Short-Term Upstream Growth
The Spanish energy company has allotted around 80 percent of its planned EUR 2.6-3 billion investment in upstream activities in 2026-28 to the U.S.
8:00 PM EST | March 10, 2026
Valero Offers $850MM Debt Instrument Sale
Part of proceeds from the offering of senior notes, due 2036 with a 5.15 percent interest, will be used to refinance existing debt.
8:00 PM EST | March 08, 2026
Petrobras Tops Estimates
Brazil's state-controlled oil producer Petrobras surpassed profit expectations after robust oil production and record exports helped cushion the impact of weaker crude prices.
7:00 PM EST | March 06, 2026
DOE Awards Record Loans of Nearly $27B to Alabama, Georgia Utilities
Southern Co's Alabama Power and Georgia Power have secured a total of up to $26.54 billion in loans from the DOE, which would lower the cost of the utilities' grid investment.
7:00 PM EST | February 25, 2026
Centrica Shares Slump
Centrica Plc shares fell the most in about 20 months after profit slumped 40 percent.
7:00 PM EST | February 18, 2026
ADNOC Drilling Delivers 'Best Year on Record'
ADNOC Drilling said it had delivered its 'best year on record with 2025 net profit of $1.45 billion'.
7:00 PM EST | February 12, 2026
TotalEnergies Cuts Buyback to Lower End of Range
TotalEnergies SE trimmed its share buybacks to the lower end of its guidance range.
7:00 PM EST | February 10, 2026
ADNOC Gas Announces 'Record' Net Income
ADNOC Gas plc announced a 'record' net income of $5.2 billion for 2025.
7:00 PM EST | February 08, 2026
Shell's Profit Falls
Shell Plc profits slumped in the fourth quarter.
7:00 PM EST | February 04, 2026
Equinor Reduces Share Buyback
Equinor ASA reined in its share buyback after fourth-quarter profit missed analyst estimates.
7:00 PM EST | February 03, 2026
Chevron Sees Self-Funding Model in VEN to Safeguard Cash
Chevron's cautious stance on injecting fresh capital is a reality check on how quickly the nation's oil industry can be revived.
7:00 PM EST | January 30, 2026
Exxon, Chevron Lift Oil Production, Blunting Price Drop
Exxon Mobil Corp. and Chevron Corp. surpassed profit expectations as higher oil production helped offset the blow from lower crude prices.
7:00 PM EST | January 29, 2026
HSBC Thinks BP Could Accentuate Shift Back to Oil Under New CEO
HSBC analysts, including Kim Fustier, HSBC's Senior Global Oil and Gas Analyst, said they think BP 'could accentuate its shift back to oil and gas and away from low carbon energy' under its new CEO.
7:00 PM EST | January 20, 2026
China Oil Firm Cancels Bond Sale amid Global Market Turmoil
Spikes in borrowing costs following a meltdown in Japanese bonds and a selloff in U.S. Treasuries have prompted at least one Asian borrower to shelve plans to raise funds, underscoring how renewed volatility is rippling through credit markets.
7:00 PM EST | January 20, 2026
Banks in Talks to Lend $1B for Argentina Gas Pipeline
A group of banks including JPMorgan and Citigroup are in talks to lend natural gas producers in Argentina roughly $1 billion to build a cross-country pipeline, according to people familiar with the matter.
7:00 PM EST | January 13, 2026
Iberdrola Ups Dividend after Reaching $146B Capitalization
'In order to implement this new edition of the remuneration system, a capital increase with a maximum reference market value of EUR 1.713 billion will be carried out'.
7:00 PM EST | January 08, 2026
OMV Secures Austrian Funding for 140 MW Green Hydrogen Plant
OMV signed a EUR 123-million funding deal with government bank Austria Wirtschaftsservice for a 140-megawatt renewable hydrogen project in Lower Austria.
7:00 PM EST | January 07, 2026
Oil Execs Quizzed on Capital Spending, Workforce Changes
Oil and gas executives answered questions on capital spending and workforce changes in a special questions segment of the fourth quarter Dallas Fed Energy Survey.
7:00 PM EST | January 01, 2026
Uniper Cancels $1.2B Remaining KfW Loan to Diversify Funding
'Uniper has secured two bilateral bank facilities with a combined commitment amount of EUR 0.7 billion which serve to partially replace the remaining KfW facility'.
7:00 PM EST | December 21, 2025
Uganda National Oil Gets $2B Vitol Bahrain Loan
The loan will unlock key projects across the petroleum value chain.
7:00 PM EST | December 21, 2025
DNO Agrees Oil Offtakes with ExxonMobil, Shell in Fund Raise
DNO signed offtake agreements with ExxonMobil and Shell for the entirety of its North Sea oil production and secured up to $410 million in 'related offtake financing facilities'.
7:00 PM EST | December 18, 2025
Imperial Expects Up To $1.6B Capex for 2026
'The company's strategy remains focused on maximizing the value of its existing assets and progressing advantaged high-value growth opportunities while delivering industry-leading returns to shareholders'.
7:00 PM EST | December 16, 2025
3D Energi Secures Investor Commitments for $10MM Capital Raise
New institutional investors and existing shareholders committed to participating in a share issuance to raise AUD 14.5 million for 3D Energi's drilling campaign offshore Victoria.
7:00 PM EST | December 16, 2025
Phillips 66 Budgets $2.4B for 2026
'We are investing growth capital in our NGL value chain and high-return refining projects'.
7:00 PM EST | December 15, 2025
Kinder Morgan Expects to Ride on LNG, Power Demand Growth
'We expect to continue benefiting from strong natural gas market fundamentals, supporting growth on our existing transportation and storage assets and creating expansion opportunities'.
7:00 PM EST | December 09, 2025
PTTEP Eyes 8 Percent Growth in Sales Volume Next Year
'This growth reflects strong momentum from our operational expansion in Thailand and overseas this year, which has already translated into higher sales volume and revenue, and will continue to support our performance into 2026 and beyond'.
7:00 PM EST | December 04, 2025
Chevron Expects 2026 Budget To Be on Lower End of Guidance
'Nearly $6 billion is expected for U.S. shale and tight assets that include Permian, DJ and Bakken, underpinning anticipated U.S. production of more than two million barrels of oil equivalent per day'.
7:00 PM EST | December 03, 2025
Petrobras Slumps After Unveiling $109B Spending Plan
Brazilian oil major Petrobras announced a two percent decrease in its next five-year investment plan to $109 billion.
7:00 PM EST | November 27, 2025
Russian Oil Giant Recommends Lowest Interim Dividends Since 2020
Russian oil giant Rosneft PJSC plans to pay the lowest interim dividends since the pandemic in 2020.
7:00 PM EST | November 19, 2025
Monumental Completes Capital Raise to Fund More Production Restarts in NZ
The Vancouver-based company issued 16.2 million units for CAD 0.05 per unit in an oversubscribed non-brokered private placement, generating gross proceeds of CAD 810,000.
7:00 PM EST | November 18, 2025
Turkey Plans $4B Sukuk in Energy Production Push
Turkey's state energy company Turkiye Petrolleri plans to sell as much as $4 billion in Islamic debt as part of its push to expand oil and gas production, marking the firm's first such international debt offering.
7:00 PM EST | November 17, 2025
BP Profit Exceeds Expectations
BP Plc's profit exceeded expectations, with operational improvements and higher oil and gas production outweighing lower prices.
7:00 PM EST | November 03, 2025
Exxon, Chevron Cut Divergent Paths as Oil Glut Looms
North America's two dominant oil companies are carving divergent paths as the global crude market staggers toward what's widely expected to be a hefty supply glut.
8:00 PM EST | October 30, 2025
TotalEnergies Sees Debt Pile Falling Further
TotalEnergies SE said debt came down in the third quarter and will likely fall further by the end of the year.
8:00 PM EST | October 29, 2025