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 […]
RWE The Danish Energy Agency has granted German utility RWE the offshore construction permit for the Thor offshore wind farm, Denmark’s largest to date. RWE now has all permits in place to start offshore construction […]
The biggest U.S. LNG exporter, Cheniere Energy Inc (NYSE: LNG), reported on Thursday a decline in third-quarter revenues and profits amid decreased market volatility and lower international LNG and natural gas prices. Cheniere Energy booked $3.763 billion […]
The Panama Canal has had to navigate several headwinds in recent months. Restrictions at the Panama Canal have been eased in recent months, and the canal authority hopes ship traffic will begin to rise. Panama […]
Canada’s largest oil and gas producer, Canadian Natural Resources (NYSE: CNQ), reported lower adjusted net earnings from operations for the third quarter compared to a year earlier amid plunging natural gas prices in North America […]
Plastic recycling claims are deceptive and destructive while wind and solar waste are given short shrift. “Exxon Knew!” The battle cry has inflamed and inspired climate activists for decades. Since the 1970s, they allege, “Exxon […]
China’s two largest refiners, Sinopec and PetroChina, have reported steep declines in refining output as domestic oil demand weakened further in the third quarter. Lower refining and chemicals demand contributed to a sharp drop in […]
Russia and Iran recently held high-level meetings to strengthen their 20-year cooperation treaty. Both countries aim to reduce reliance on the U.S. dollar in international trade, especially with key partners like China. A proposed “Land […]
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