The rising energy demands of global data centers are driving shifts toward renewable power sourcing with US data centers accounting for half of total US corporate clean energy procurement, but only around 20% in Europe, […]
A toxic smoke fire at a lithium-ion battery recycling facility forced resident evacuations in a small town in southeast Missouri.” A fire at a battery recycler resulted in the forced evacuation of residents near a […]
Last week, LNG shipping rates continued to slide in both basins. “Spark30S Atlantic rates have dropped to record lows, reducing by $2,500 to $18,250 per day” Qasim Afghan, Spark’s commercial analyst, told LNG Prime on Friday. […]
Saudi Aramco is looking to invest in oil refining, petrochemicals, and oil product distribution in Vietnam, PetroVietnam said Oct. 30, a day after both state-owned companies had inked a collaboration framework agreement on oil and […]
Australia’s state coffers have seen a record-high tax haul from the oil industry following amendments to tax legislation that companies used to claim higher costs and lower taxes. For fiscal 2022-23, the Australian Tax Office […]
Canadian oil and gas company Africa Oil Corp. has received a set of clearances from the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) – one for the amalgamation of its wholly owned subsidiary Africa Oil Papa […]
The U.S. Department of Energy (DOE) has awarded $473.6 million in grid resilience grants to 49 states, five territories, 254 Tribal Nations, and the District of Columbia. The Grid Resilience State and Tribal Formula Grants […]
Reported third-quarter 2024 earnings per share of $1.76 and adjusted earnings per share of $1.78. Generated cash provided by operating activities of $5.8 billion and cash from operations (CFO) of $4.7 billion. Raised ordinary dividend […]
Reported earnings of $4.5 billion; cash flow from operations of $9.7 billion Returned record $7.7 billion cash to shareholders Started up key U.S. Gulf of Mexico projects Optimizing portfolio with announced $6.5 billion sale of […]
Improved earnings power from enterprise-wide transformation drove industry-leading third-quarter earnings of $8.6 billion1 Achieved highest liquids production in over 40 years with 3.2 million barrels per day2 Delivered record high-value product sales volumes in Product […]
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