Results 50 articles shown
KNOT Offshore Partners' Profit Down Sequentially
KNOT Offshore reported a net income of $7.6 million for Q1, down from the prior quarter despite fleet utilization exceeding 99 percent.
2:30 AM EST | May 22, 2025
Woodside Offers $3.5B Bonds
The underwriters are Barclays Capital, JP Morgan Securities, BofA Securities, Goldman Sachs & Co. and UBS Securities.
8:04 AM EST | May 21, 2025
NFE Completes Divestment of Jamaican Assets to Excelerate
'These assets align seamlessly with our operational expertise and long-term LNG supply agreements, while also presenting promising opportunities for future growth'.
8:00 AM EST | May 21, 2025
Vistra to Acquire Lotus Gas Power Plants for $1.9B
The plants have a combined capacity of 2,557 MW.
10:45 AM EST | May 20, 2025
Chariot Regains Interest in Moroccan Offshore Assets
Chariot said it will continue to assess the additional potential of the wider Lixus and Rissana license areas.
9:00 AM EST | May 20, 2025
ADNOC Gas to Join MSCI Emerging Markets Index
'The development is set to increase the Company's visibility among international institutional investors'.
6:27 AM EST | May 20, 2025
Eni in Talks to Sell 20 Percent of RE Unit to Ares
The potential sale places an equity value of EUR 9.8 billion to EUR 10.2 billion on Plenitude, 'corresponding to an enterprise value of more than EUR 12 billion'.
3:00 AM EST | May 20, 2025
South Bow Sees Sequential Rise in Earnings
Net income was $88 million, up from $55 million for the prior quarter.
10:30 AM EST | May 19, 2025
ADNOC Signs Agreements for Potential $60B of USA Investments
The agreements were made during the UAE-US business dialogue with President Donald Trump.
8:00 AM EST | May 19, 2025
Strathcona Bares Unsolicited Bid for MEG, Sells Montney Assets
Strathcona entered into definitive deals to divest 'substantially all of its Montney assets' for about $2.04 billion, as it prepares to make a hostile bid to take over fellow Canadian thermal oil producer MEG.
7:14 AM EST | May 19, 2025
ADNOC Acquires Stake in Turkmenistan Block
ADNOC's XRG acquired a 38 percent stake in the Petronas-operated Block I gas and condensate fields on Turkmenistan's side of the Caspian Sea.
4:40 AM EST | May 19, 2025
Nigeria Remains Top Recipient of Shell Payments to Governments
Nigeria received $3.8 billion in production entitlements.
2:52 AM EST | May 19, 2025
Phillips 66 Sells Majority Stake in German, Austrian Retail Unit
Phillips 66 will retain a non-operated 35 percent stake and continue supplying the retail sites through a German refinery.
11:17 AM EST | May 16, 2025
Tenaz Closes Acquisition of NOBV, Widens Q1 Net Loss
The acquired assets produced approximately 11,000 barrels of oil equivalent per day (boepd), consisting of 99 percent natural gas, for the first four months of 2025.
8:00 AM EST | May 14, 2025
Gunvor Financed Gabon Deal for Tullow Oil Assets
The commodity trader made another significant oil deal in Gabon, its second since the country sought more control of national assets following a coup d'etat in 2023.
2:30 AM EST | May 14, 2025
NRG to Acquire Gas Generation Plants, VPP from LS Power for $12B
'The acquisition will double NRG's generation capacity to 25 GW, adding modern, flexible natural gas assets that cannot be replicated'.
10:05 AM EST | May 13, 2025
Canadian Natural Q1 Earnings Beats Estimates on Record Production
The company said it posted a record quarterly average production in the first quarter of around 1.6 million barrels of oil equivalent per day (boepd).
9:00 AM EST | May 13, 2025
Tourmaline Signs Two Acquisition Deals for NEBC Montney Assets
The two transactions will add approximately 20,000 barrels of oil equivalent (boepd) of current production.
8:00 AM EST | May 13, 2025
Eni Offers $1B Bond
Eni returned to the U.S. bond market with the 10-year offering.
4:57 AM EST | May 13, 2025
Petrobras to Pay $2.1 Billion in Dividends
The Brazilian state-controlled oil producer approved dividends slightly below expectations amid a trade war that has created economic uncertainty and undermined oil prices.
2:30 AM EST | May 13, 2025
APA to Slow Down Activity amid Price Volatility
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
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
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
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
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
LandBridge reported $44 million in revenue for Q1.
7:00 AM EST | May 11, 2025
ConocoPhillips Sells $1.3B Worth of Assets
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
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
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
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
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
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
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
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
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
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
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
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
'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
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
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
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
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
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
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
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
Shell Plc stood out from its peers.
7:46 AM EST | May 02, 2025
Naftogaz More Than Doubles Profit for 2024
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
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
CNOOC Ltd.'s production rose year-on-year to 188.8 MMboe in Q1.
10:02 AM EST | May 01, 2025
Find More Articles with an Advanced Search
The results on this page are limited to showing the 50 most recent articles
for this category, region, and date range combination.For more articles,
please perform an Advanced Article Search.