Daily Standup Top Stories Trump Seizes Wartime Powers in Battle for More Fossil Fuels January 27, 2025 Clark Savage Obscure laws to be marshaled to build pipelines, power plants ‘God Squad’ to weigh projects that threaten endangered species President Donald Trump’s declaration of an energy emergency opens the door to wield sweeping Cold War-era powers and […] Europe doesn’t […]
Continue ReadingDaily Standup Top Stories Trump Seizes Wartime Powers in Battle for More Fossil Fuels January 27, 2025 Clark Savage Obscure laws to be marshaled to build pipelines, power plants ‘God Squad’ to weigh projects that threaten endangered species President Donald Trump’s declaration of an energy emergency opens the door to wield sweeping Cold War-era powers and […] Europe doesn’t […]
Continue ReadingEnergy industry services provider Halliburton Co. has reported a net income of $615 million for the fourth quarter of 2024, compared to $571 million for the third quarter of the year. However, it is below the $667 million reported for the corresponding quarter a year ago. Halliburton\’s total revenue for the fourth quarter of 2024 […]
Continue ReadingTHIRD QUARTER HIGHLIGHTS Production of 121,815 Boe per day (58% oil), up 19% from the third quarter of 2023 Record oil volumes of 70,913 Bbl per day, despite only 9.5 net turn-in-lines during the quarter GAAP net income of $298.4 million, Adjusted Net Income of $141.1 million and Adjusted EBITDA of $412.4 million. See \”Non-GAAP […]
Continue ReadingDALLAS, Nov. 04 /BusinessWire/ — Kosmos Energy Ltd. (\”Kosmos\” or the \”Company\”) (NYSE/LSE: KOS) announced today its financial and operating results for the third quarter of 2024. For the quarter, the Company generated a net income of $45 million, or $0.09 per diluted share. When adjusted for certain items that impact the comparability of results, […]
Continue ReadingReported 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 by 34% to $0.78 per share and increased existing share repurchase authorization by up to $20 billion. HOUSTON, Oct. 31 […]
Continue ReadingReported 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 Canadian assets SAN RAMON, Calif., Nov. 01 /BusinessWire/ — Chevron Corporation (NYSE:CVX) reported earnings of $4.5 billion ($2.48 per share […]
Continue ReadingImproved 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 Solutions, up 10% over prior year-to-date Returned $9.8 billion to shareholders in the quarter and increased fourth-quarter dividend to $0.99 […]
Continue ReadingDaily Standup Top Stories Watchdog: Biden-Harris Allegedly Buried LNG Emissions Study, GOP Wants Answers October 28, 2024 Mariel Alumit GOP lawmakers demand answers from DOE over allegations it buried a study on LNG emissions, claiming Biden-Harris admin has hurt US energy interests. ​Forty-five GOP lawmakers are demanding answers from the Department of Energy (DOE) […] Many roadblocks […]
Continue ReadingPetroChina Co. Ltd.’s net income for the first half (H1) of 2024 rose 3.9 percent year-on-year to RMB 88.61 billion ($12.4 billion) as operating results broke company records for the period for the third consecutive year despite an overall weakening of demand in the oil and gas industry, the state-backed company reported. The oil and […]
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