Energy giants Chevron (CVX) and Exxon Mobil (XOM) topped Wall Street estimates for first-quarter financials Friday. However both company’s saw revenue slip compared to a year ago, as the two U.S. majors come off booming […]
Oslo-headquartered ocean services provider DeepOcean has reported a revenue increase of 13.4 per cent in 2022 said to be mainly driven by inspection, maintenance and repair (IMR) work in the oil and gas sector. For 2022, […]
BW Energy said Monday it had fulfilled the first oil delivery from the Hibiscus/Ruche field, in the first phase of the project offshore Gabon. “Production performance from the first well has been in line with […]
Prospects for Shell stock and other oil majors look good as Russia’s war in Ukraine crimps global energy supplies. One important metric to look for in a stock is an 80 or higher Relative Strength […]
The platform, named CNOOC Guanlan, is owned by the China National Offshore Oil Corporation (CNOOC) and is China’s first offshore wind power project with a water depth of over 100 meters and an offshore distance […]
Photo: Aramco Back to overview Home Fossil Energy Saudi giant’s profit skyrockets to whopping $161.1 bln with oil & gas seen as ‘essential’ in energy arsenal PremiumAramco March 13, 2023, by Melisa Cavcic Saudi state-owned […]
EOG Resources Inc.’s drilling plans — particularly in emerging plays in South Texas and the Utica Shale — are not being significantly impacted by the recent slump in natural gas prices, the company recently told […]
HOUSTON (Reuters) – Oil major Chevron Corp on Tuesday raised its share buyback program and reaffirmed its production guidance of more than 3% annual growth by 2027, while increasing spending in the United States. Chevron increased […]
Canada’s First Quantum Minerals (TSX: FM) says it’s experiencing losses of up to $8 million a day due to the suspension of ore processing and port loading affecting its giant copper mine in Panama. In […]
Chile’s SQM (NYSE: SQM), the world’s second-largest lithium producer, said on Thursday it had earmarked $3.4 billion of new capital expenditure by 2025 to boost its production capacity to 210,000 tonnes of lithium carbonate […]
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