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Ithaca Posts $1.39Bn Profit For First Nine Months Of 2022
Thursday, December 01, 2022Ithaca Energy has posted a profit after tax of $1.39 billion for the first nine months of 2022 with a production of 68.2 thousand boe/d.

Seadrill Tightens Loss In Q3
Thursday, December 01, 2022Seadrill Limited has tightened its loss quarter-on-quarter backed by high utilization levels in Q3.

ETAF Collects $1B Energy Transition Funding For Developing Markets
Thursday, November 10, 2022The Energy Transition Accelerator Financing Platform has come near its $1B target for project funding with three new partners.

Iberdrola Investing $47B In Energy Transition In 2023-25
Wednesday, November 09, 2022Iberdrola will invest over $47 billion during the 2023-2025 period to promote the energy transition, employment, and zero net emissions.

Petrobras Approves $8.5B Dividend Ahead Of Lula Taking Power
Friday, November 04, 2022Petrobras announced another blockbuster dividend payment at a moment when Lula da Silva's return to power in Brazil will bring the bonanza to a halt.

UK Mulls Extending Windfall Tax On Oil & Gas Companies
Thursday, November 03, 2022The UK is considering extending windfall tax on oil and gas companies as it looks for ways to plug a $40 billion budget hole.

Ithaca Energy Looking For Over $350M From London IPO
Wednesday, November 02, 2022Ithaca Energy is seeking as much as $357 million in London's second-largest initial public offering of the year.

Windfall Tax On Big Oil Is More Politics Than Real Threat
Wednesday, November 02, 2022Biden's threat to slap a tax on oil-company profits is more bluster than a threat as the clock runs out on his efforts to tame fuel prices ahead of midterm elections.

Biden Tells Oil Firms He Will Tax Their Windfall Profits
Tuesday, November 01, 2022President Joe Biden said he'd seek to impose higher taxes on oil companies that record 'windfall' profits without reinvesting in production.

Strong Quarter For BP Enables $2.5B Share Buyback
Tuesday, November 01, 2022BP posted its second-highest quarterly profit on record and announced a further $2.5B of share buybacks, capping a stellar period for Big Oil.

Saudi Aramco Posts Second-Highest Profit On Oil Price Surge
Tuesday, November 01, 2022Saudi Aramco reported its second-highest earnings thanks to a surge in oil and gas prices.

Equinor Beats Third Quarter Financial Expectations
Monday, October 31, 2022Equinor delivered adjusted earnings of $24.3 billion and $6.72 billion after tax in the third quarter of 2022.

Exxon, Chevron Reap $31B Profit
Friday, October 28, 2022Exxon Mobil Corp and Chevron Corp amassed more than $30 billion in combined net income.

Eni Profit Beats Estimates
Friday, October 28, 2022Eni SpA's profit remained strong in the third quarter.

TotalEnergies Posts Record Profit
Thursday, October 27, 2022TotalEnergies SE's profit jumped to another record.

Shell Jumps on Dividend Rise
Thursday, October 27, 2022Shares of the company rose as much as 4.2 percent.

Halliburton Earnings Double
Tuesday, October 25, 2022Halliburton Co. surpassed profit expectations.

BofA Offers Aramco Q3 Prediction
Monday, October 24, 2022BofA Global Research expects lower quarter on quarter numbers for Saudi Aramco in Q3.

Schlumberger Beats Profit Estimates
Friday, October 21, 2022Schlumberger posted its highest profit in seven years.

Transocean to Report Q3 Earnings In Early November
Tuesday, October 18, 2022Transocean has set November 2 as the release date for its third-quarter earnings.

TotalEnergies Improved Strategy Pays Off, Accelerates Transition
Friday, September 30, 2022TotalEnergies' Board of Directors has reviewed the company's outlook in the context of changing energy markets due to the energy transition.

TotalEnergies Sees EU Windfall-Tax Bill Topping 1B Euros
Wednesday, September 21, 2022The European effort will 'exceed 1 billion euros', Chief Executive Officer Patrick Pouyanne said.

EU Fossil Fuel Windfall Bark Worse Than Bite
Tuesday, September 20, 2022The proposed Council Regulation on a solidarity contribution of the fossil sector requires a qualified majority vote in the Council to be approved.

Big Trading Houses Weathering Energy Crisis
Friday, September 16, 2022Trading houses are weathering the storm.

Tullow To Delist Ordinary Shares From Euronext Dublin
Wednesday, September 14, 2022Tullow Oil has filed an application to Euronext Dublin for delisting its ordinary shares from the market.

Russia Energy Revenue Drops
Tuesday, September 13, 2022Russia's energy revenues shrank in August.

Capricorn Trims Operational Loss, Revises Production Guidance
Friday, September 09, 2022Capricorn Energy has cut its operational loss to $37.3M for the first half of the year, from $47.4M in the corresponding period in 2021.

CNOOC More Than Doubles H1 Profit Hitting $10.5B
Monday, August 29, 2022CNOOC has seen its profit more than double in the first six months of the year, hitting $10.46 billion.

Major Oil Firms Investing Just 5 Pct Of Record Profits In Renewables
Friday, August 26, 2022Big energy companies are investing the equivalent of 5 percent of their record profits in green projects.

What Is OPEC's Net Oil Export Revenue?
Tuesday, August 23, 2022A new U.S. Energy Information Administration fact sheet has the details.

USA Oil and Gas Producers Recover and Reset
Monday, August 22, 2022According to EY, U.S. oil and gas producers recovered and reset in 2021.

Norwegian Wealth Fund Posts Biggest Half-Year Loss Ever
Saturday, August 20, 2022Norway's $1.3 trillion sovereign wealth fund posted its biggest loss on record as rate hikes, surging inflation and Russia's invasion of Ukraine spurred volatility.

Record Results Not Enough for Aramco to Top Apple
Tuesday, August 16, 2022Aramco is currently ranked second in a list of the world's largest companies by market cap.

Altera Starts Chapter 11 Process To Ease Debt Restructuring
Tuesday, August 16, 2022Altera Infrastructure started the Chapter 11 process in the US Bankruptcy Court for the Southern District of Texas to help the balance-sheet restructuring.

Aramco Profit Surges to Another Record
Monday, August 15, 2022Saudi Aramco posted the biggest quarterly adjusted profit of any listed company globally.

Neptune Posts Strong H1 Figures Backed by High Commodity Prices
Friday, August 12, 2022Neptune Energy reported revenues for the half year at $2.06 billion and a net income of $761.7 million, rising significantly from the respective 2021 figures.

Exxon Eyes Global Trading Expansion
Thursday, August 11, 2022Exxon Mobil Corp is considering expanding its trading operations globally.

Diamond Offshore Rakes In $610 Mn In Second Quarter Rig Deals
Wednesday, August 10, 2022Offshore driller Diamond Offshore has announced $610 million of contract awards in the second quarter of 2022.

Oil Supermajors Continue to Hold Back on Investment
Tuesday, August 09, 2022Oil supermajors continue to hold back on investment as mid-year guidance remains mostly firm.

Ring Energy Posts Second Quarter Profit
Monday, August 08, 2022Ring Energy reported a jump in net income for the second quarter of 2022 on the back of higher commodity prices.

Targa Resources Post Soaring Q2 Profit
Monday, August 08, 2022Targa Resources reported a net profit of $596.4 million for the second quarter of 2022.

Top Headlines: Pantheon Hits Multiple Oil Reservoirs at 2nd Alkaid Well
Saturday, August 06, 2022Check out some of Rigzone's top stories during the last week.

Chesapeake Tightens Strategic Focus
Friday, August 05, 2022'Simply put, we are tightening our strategic focus around our best rock, best operations and lowest emissions footprint'.

Transocean Contract Backlog Hits $7B+
Tuesday, August 02, 2022Transocean's contract backlog is valued at more than $7 billion.

Big Oil Poised to Report Blockbuster Refining Earnings
Sunday, July 17, 2022A shortage of refining capacity, compounded by a reduction in exports of Russian oil products since the invasion of Ukraine, have pushed road fuel prices to record levels in many countries.

Shell Sees $1B Gain in Refining
Thursday, July 07, 2022While the rising cost of energy is strengthening the oil majors after several tough years, it risks a political backlash.

Exxon Sees $5.5B Refining Windfall
Monday, July 04, 2022Exxon Mobil Corp.'s second-quarter refining earnings surged by as much as $5.5 billion.

Oil Prices Buck Recession Trend
Tuesday, June 28, 2022As investors are increasingly concerned about recessionary risks, Brent oil prices have bucked this trend.

These Are the Largest Energy Companies by Market Cap Right Now
Tuesday, June 21, 2022Find out exactly how energy companies around the world ranked.

Biden Tells USA Oil Refiners Record Profits Not Acceptable
Wednesday, June 15, 2022President Joe Biden told U.S. oil refiners that unprecedented profit margins are unacceptable.