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Court Upholds Petrofac Deal with Creditors
A court upheld a 'voluntary arrangement' between the energy engineering company and certain creditors, in a challenge by UK tax authorities that threatened to delay Petrofac's sale of its Asset Solutions business.
3:36 AM EST | March 13, 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.
3:00 AM EST | March 12, 2026
Uniper Proposes Resumption of Dividend Payments
'Our earnings base is now stable and normalized'.
11:53 AM EST | March 11, 2026
Wood Now Part of Sidara
The Aberdeen-based energy and industrial engineering and consulting company remains 'a standalone business while benefiting from Sidara's global scale and long-term owner-operator mindset', Sidara said.
10:44 AM 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.
7:02 AM EST | March 11, 2026
Shell Sells Part of US Lubes Business to Monomoy for $1.3B
'By capitalizing on a strong market opportunity, this divestment allows us to monetize an asset that is not central to Shell's lubricants portfolio in the U.S. and reinvest in opportunities that generate higher returns'.
7:09 AM EST | March 10, 2026
Aramco Raises Dividend, Launches $3B Buyback
The increase in investor returns comes despite declines in net profit for the fourth quarter and full-year 2025 driven by lower crude oil prices, partly offset by higher crude sales volumes.
4:32 AM 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.
6:26 AM EST | March 09, 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 AM EST | March 07, 2026
Vintage Secures Extension of Loan for Australian Gas Projects
'This facility amendment, like the drilling grant by the South Australian government, underscores expectations of the capacity for increased gas supply from Odin and Vali'.
9:05 AM EST | March 04, 2026
TotalEnergies to Farm Down German Battery Storage Portfolio
'In line with our business model, this transaction enables us to optimize our capital allocation in our integrated power activities and helps improve the sector's profitability'.
6:17 AM EST | March 04, 2026
Petrofac, CBI Deal Faces Hurdle as Creditor Arrangement Challenged
The challenge concerns National Insurance contributions for offshore workers from October 1999 to April 2014.
12:28 AM EST | March 04, 2026
Petronas Posts Lower Annual Profit
Malaysia's national oil and gas company reported around $11.6 billion in profit after tax for 2025, down from 2024 on lower sales volumes and prices.
7:38 AM EST | March 02, 2026
Talos Losses Deepen
Talos reported an adjusted net result of -$76.48 million for Q4 2025, incurring more losses compared to the prior three-month period as operating expenses rose and oil production and prices fell.
7:00 AM EST | March 01, 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.
10:06 AM EST | February 26, 2026
Seatrium Doubles Annual Profit
The Singapore-based offshore energy contractor reported around $256 million in net profit for 2025, up 106 percent from 2024.
6:18 AM EST | February 26, 2026
ENGIE to Acquire UK Power Networks for $14B
ENGIE signed an agreement to buy UK Power Networks at an equity value of around $14 billion, part of the French multinational utility's efforts to expand its predictable revenue base.
4:53 AM EST | February 26, 2026
Ovintiv Launches $3B Share Repurchase Program
Ovintiv authorized a new share buyback program totaling $3 billion as it revised its investor return framework following the $2.7-billion acquisition of NuVista.
9:50 AM EST | February 25, 2026
EOG Posts Lower Q4 Profit
EOG reported $701 million in net profit and $1.22 billion in adjusted net profit for the fourth quarter (Q4) of 2025, both down sequentially and year-on-year on lower oil and gas price realizations in the U.S.
8:23 AM EST | February 25, 2026
UK Drives Iberdrola Profit Growth
Iberdrola reported EUR 6.29 billion in net profit and EUR 6.23 billion in adjusted net profit for 2025, up 12 percent and 10 percent respectively against 2024 on the back of an expanded footprint in power distribution in the UK.
6:38 AM EST | February 25, 2026
Kosmos Energy Sells Producing Assets in Equatorial Guinea
Kosmos retains its interests in offshore exploration blocks EG-01 and EG-24, which it said 'provide exploration opportunities for near-field short-cycle tie-backs'.
3:06 AM EST | February 25, 2026
Infinity Completes $1.2B Utica Acquisition from Antero
In pro forma terms, Infinity said the acquisition propels it to a leading operator position in the basin.
8:21 AM EST | February 24, 2026
Tidewater to Acquire Wilson Sons Ultratug Offshore
'The Brazilian offshore vessel market is one of the largest and most compelling in the world', Quintin Kneen, CEO of Houston-based Tidewater, said of the acquisition.
3:32 AM EST | February 24, 2026
Gas Distributor Superior Logs Higher Q4 Profit
Superior, which operates in Canada and the U.S., saw higher propane volumes and lower operating costs.
6:00 AM EST | February 22, 2026
Midwest Utility Alliant Posts Higher Annual Profit on Rate Increases
The power and gas utility benefited from 'increased revenue requirements from authorized rate base increases, reflecting ongoing capital investments in generation and energy storage'.
7:29 AM EST | February 20, 2026
Valaris Q4 Revenue Down 10 Pct Sequentially
Valaris reported $537.4 million in revenue for the fourth quarter of 2025, down 10 percent from the prior three-month period partly due to idle time for some rigs.
5:42 AM EST | February 20, 2026
Centrica Shares Slump
Centrica Plc shares fell the most in about 20 months after profit slumped 40 percent.
3:00 PM EST | February 19, 2026
Martin Midstream Partners' Annual Loss Deepens
The Gulf Coast-focused oil logistics company saw 'a decline in marine utilization during the third quarter, a softer fertilizer market in the fourth quarter and headwinds in our grease business throughout the year'.
9:08 AM EST | February 19, 2026
Kimmeridge-Mubadala JV to Acquire SM Galvan Ranch in Texas
The $950-million acquisition involves a production of about 250 million cubic feet equivalent a day.
6:57 AM EST | February 19, 2026
Occidental Q4 Profit Beats Estimates
Occidental has 'strengthened the balance sheet with the completion of the OxyChem sale on January 2, 2026, reducing debt by $5.8 billion since mid-December 2025 and bringing principal debt to date to $15 billion', the oil and gas producer said.
2:28 AM EST | February 19, 2026
Ovintiv Sells Anadarko Assets following NuVista Merger
'This transaction marks a significant milestone by focusing our portfolio, delivering on our debt target and unlocking increased returns to our shareholders', said CEO Brendan McCracken.
8:45 AM EST | February 18, 2026
JERA Seals Haynesville Acquisition
The transaction, involving about 81 square miles on Louisiana's side of the shale gas basin, included an upfront investment of $1.5 billion by the Japanese company.
6:39 AM EST | February 18, 2026
Devon Posts Lower Quarterly Profit
The Delaware-basin focused oil and gas producer logged $0.82 in net earnings per share adjusted for extraordinary or nonrecurring items, beating the Zacks Consensus Estimate of $0.81 per share.
4:34 AM EST | February 18, 2026
Santos to Axe 10 Pct of Workers after Decline in Annual Profit
The layoffs will include short-term staff and contractors as major projects are completed and the company pursues cost savings, CEO Kevin Gallagher said.
2:37 AM EST | February 18, 2026
Enbridge Q4 Profit Up YoY
Enbridge cited 'favorable gas transmission contracting' compared to the fourth quarter of 2024.
6:03 AM EST | February 16, 2026
ADNOC Gas Announces 'Record' Net Income
ADNOC Gas plc announced a 'record' net income of $5.2 billion for 2025.
6:16 AM EST | February 09, 2026
Pemex Slashes Debt to 11 Year Low
Mexico's Petroleos Mexicanos reduced its debt to the lowest level in 11 years.
5:59 AM EST | February 05, 2026
Equinor Reduces Share Buyback
Equinor ASA reined in its share buyback after fourth-quarter profit missed analyst estimates.
5:25 AM EST | February 04, 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.
12:00 PM EST | January 30, 2026
Murphy Oil Raises Dividend
Murphy Oil increased its quarterly dividend per share by eight percent to $0.35.
9:36 AM EST | January 30, 2026
GeoPark to Acquire Frontera Energy Assets in Colombia
'The transaction creates a leading regional independent E&P platform across Colombia and Argentina'.
7:52 AM EST | January 30, 2026
Lukoil to Sell Most of Foreign Assets to Carlyle
Russia's Lukoil agreed to sell most of its international assets to private equity giant Carlyle, three months after being hit by U.S. sanctions.
3:34 AM EST | January 29, 2026
Woodside Expects Lower Production This Year
The Australian LNG-focused producer's output in 2025 exceeded guidance and set a company record but it expects a slowdown in 2026 due to downtime from preparations to start up the Scarborough Energy Project.
4:56 AM EST | January 28, 2026
Baker Hughes Sees Record Year for Industrial, Energy Tech Bookings
'Looking ahead, we expect IET orders to remain at robust levels, supported by continued momentum in LNG, a stronger year of FPSO and gas infrastructure awards, and sustained strength for power systems'.
10:43 AM EST | January 27, 2026
3D Energi Runs Out of Cash for Victoria Drill Campaign, Suspends Trading
3D Energi has voluntarily halted trading on the Australian Securities Exchange, having defaulted on the payment of its share of costs in a ConocoPhillips-led exploration campaign in the Otway basin offshore Victoria.
8:48 AM EST | January 27, 2026
Aramco Raises $4B in 1st Bond Sale of Year
Saudi Aramco priced a $4 billion bond sale, its first note sale this year, as the world's largest oil producer steps up borrowing to fund investment and dividends.
12:00 PM EST | January 26, 2026
S-Oil Posts Sequential Increase in Q4 Profit
The South Korean downstream company reported 'robust fuel and lube spreads'.
6:29 AM EST | January 26, 2026
Iberdrola Completes Hungary Exit
The Spanish utility completed a transaction selling its Hungarian business for around $202 million to a consortium of iG TECH Capital and Premier Energy as part of its strategy to refocus investment on more stable markets.
3:57 AM EST | January 26, 2026
Kinder Morgan Reports Record Year
The increase was driven by its natural gas pipelines business, which rode on rising LNG demand.
6:33 AM EST | January 23, 2026
SOCAR Ventures into Africa through Baleine Deal with Eni
The State Oil Company of the Azerbaijan Republic signed an agreement to acquire a 10 percent stake in the producing Baleine field offshore Cote d'Ivoire from Italy's Eni.
4:56 AM EST | January 22, 2026
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