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HomeBig Oil Companies

Big Oil Companies

Adnoc Gas
Big Oil Companies

Adnoc Gas says Q1 net income climbs to $1.27 billion

May 5, 2025 Mariel Alumit

Quarterly Ebitda of $2.16 billion also rose 4 percent compared to last year. Adnoc Gas said zhe performance was driven by continued demand for domestic gas – up on the equivalent quarter last year – […]

Big Oil Companies

Shell weighs up takeover of BP

May 5, 2025 Mariel Alumit

ENB Pub Note: As Michael has brought this up in the podcast, this is a timely note from EuropeOffshore. Here are some of the details that were left out of the article. There are two […]

Valero Venicia Refinery - Photo Credit Valero
Big Oil Companies

Ranking the Major Oil Company Q1 Results

May 4, 2025 Clark Savage

ENB Pub Note: Michael and I will cover this article from David Blackmon’s Substack on our Daily Show. We highly recommend subscribing to his and our Substacks. David is at Energy Transition Absurdities Alright, folks, […]

Big Oil Companies

Hawaii Backs Natural Gas To Cut Emissions, Then Sues Oil Companies Anyway

May 3, 2025 Stu Turley

ENB Pub Note: Lawfare and energy hypocrisy run deep in the Democratic supermajority in Hawaii. It is truly a shame that physics and fiscal responsibility are nowhere to be found on the beautiful islands. They […]

Shell
Big Oil Companies

Shell’s Q1 profit reaches $5.58 billion, LNG sales drop

May 2, 2025 Mariel Alumit

The UK-based firm said its adjusted earnings reached $5.58 billion in the first quarter, down compared to $7.73 billion in the comparable quarter last year. Adjusted earnings rose 52 percent compared to $3.66 billion in the prior quarter. Income […]

Equinor
Big Oil Companies

Equinor sells majority stake in Brazilian oil field for $3.5bn

May 2, 2025 Mariel Alumit

Norwegian energy major Equinor has sold its stake in the Peregrino field to Brazilian company Prio Tigris, a subsidiary of PRIO, for $3.5bn Equinor sold its 60% operated interest in the field to PRIO, Brazil’s […]

TotalEnergies
Big Oil Companies

TotalEnergies targets Mozambique LNG restart by mid-year, CEO says

May 1, 2025 Mariel Alumit

TotalEnergies declared force majeure on the Mozambique LNG project in April 2021 and withdrew all personnel from the site due to new attacks. Mozambique LNG includes the development of offshore gas fields in Mozambique’s Area 1 and […]

Big Oil Companies

New rig deals boost Valaris backlog to $4.2bn

May 1, 2025 Stu Turley

ENB Pub Note: Interesting update from Valaris for ExxonMobil. The unit is offshore Cyprus and may be heading to Angola. The offshore business is one we are tracking as global oil demand is expected to […]

SBM Offshore
Big Oil Companies

SBM Offshore to install BP’s Gulf of America production unit

May 1, 2025 Stu Turley

ENB Pub Note: BP’s offshore production in the Gulf of America is significant, with the company operating several major platforms and aiming to increase output. As of the latest available data: Current Production: BP operates […]

Big Oil Companies

Why is U.S. LNG Dominating Global Markets?

May 1, 2025 Andy Del Prado

Daily Standup Top Stories U.S. LNG will be the United States’ largest export product – Secretary Chris Wright On the Crude Truth Substack, Rey Trevino writes: Secretary Chris Wright provided a comprehensive summary of the […]

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