/finance?format=feed Finance en-US Tue, 13 May 2025 03:39:27 -0400 /news/525653-petrobras-reports-48-6-profit-rise-for-first-quarter-2025 Brazil's Petrobras on Monday posted a net profit of 35.2 billion reais ($6.21 billion) for the first quarter, up 48.6% from a year earlier, boosted by non-recurring events… Tue, 13 May 2025 07:39:27 Z /news/525653-petrobras-reports-48-6-profit-rise-for-first-quarter-2025 /news/525592-aramco-sees-profit-drop-in-first-quarter-2025 Saudi oil giant Aramco, a longtime cash cow for the kingdom, reported a 4.6% drop in first-quarter profit on Sunday due to lower sales and higher operating costs… Mon, 12 May 2025 09:14:45 Z /news/525592-aramco-sees-profit-drop-in-first-quarter-2025 /news/525506-adnoc-drilling-marks-profit-rise-driven-by-strong-oilfield-services ADNOC Drilling, the subsidiary of Abu Dhabi's state oil giant, reported a 24% rise in first-quarter profit on Thursday, driven by strong growth in its oilfield services segment… Thu, 08 May 2025 11:47:38 Z /news/525506-adnoc-drilling-marks-profit-rise-driven-by-strong-oilfield-services /news/525502-conocophillips-first-quarter-profit-beats-estimates ConocoPhillips beat Wall Street estimates for first-quarter profit on Thursday and said Chief Financial Officer Bill Bullock will retire after 39 years with the Texas-based oil and gas producer… Thu, 08 May 2025 11:14:31 Z /news/525502-conocophillips-first-quarter-profit-beats-estimates /news/525393-vestas-records-first-quarter-profit-despite-predictions Wind turbine maker Vestas on Tuesday reported an unexpected operating profit for the first quarter, contrary to analysts' predictions of a loss, and kept its outlook… Tue, 06 May 2025 07:49:41 Z /news/525393-vestas-records-first-quarter-profit-despite-predictions /news/525321-higher-oil-production-boosts-exxonmobil-s-first-quarter-profit Exxon Mobil on Friday beat Wall Street's estimate for first-quarter profit as higher oil and gas production from Guyana and the Permian basin helped boost earnings… Fri, 02 May 2025 11:42:54 Z /news/525321-higher-oil-production-boosts-exxonmobil-s-first-quarter-profit /news/525320-chevron-s-first-quarter-earnings-meet-wall-street-profit-estimates Chevron on Friday reported first-quarter earnings that met Wall Street estimates, but said it would spend less on share repurchases in the current quarter, reflecting… Fri, 02 May 2025 11:33:46 Z /news/525320-chevron-s-first-quarter-earnings-meet-wall-street-profit-estimates /news/525308-shell-reports-28-profit-drop Shell on Friday reported a 28% drop in first-quarter net profit to $5.58 billion, beating analyst expectations, and kept the pace of its share buyback programme… Fri, 02 May 2025 07:35:08 Z /news/525308-shell-reports-28-profit-drop /news/525266-equinor-at-risk-of-losing-billions-on-trump-s-offshore-wind-power-reverse Equinor stands to lose billions of dollars on its massive wind power project offshore the state of New York unless U.S. President Donald Trump's administration reverses… Thu, 01 May 2025 13:15:22 Z /news/525266-equinor-at-risk-of-losing-billions-on-trump-s-offshore-wind-power-reverse /news/525260-valaris-lifts-contract-backlog-for-its-drilling-rigs-to-4-2b Ôƶ¥¶Ä³¡ÀÏ»¢»ú drilling company Valaris has secured over $1 billion of new contracts and extension for its drilling rigs since its previous fleet status report published mid-February 2025… Thu, 01 May 2025 11:29:22 Z /news/525260-valaris-lifts-contract-backlog-for-its-drilling-rigs-to-4-2b /news/525147-cnooc-posts-7-9-profit-fall-despite-output-growth Chinese offshore oil and gas major CNOOC first-quarter net profit fell 7.9%, weighed down by weaker oil prices, though higher output helped stem the decline.Net income for January-March was 36… Tue, 29 Apr 2025 11:48:46 Z /news/525147-cnooc-posts-7-9-profit-fall-despite-output-growth /news/525132-bp-s-profit-drops-48-in-first-quarter-2025 BP on Tuesday reported a deeper-than-expected 48% drop in net profit to $1.4 billion on weaker refining and gas trading and announced the departure of its strategy chief… Tue, 29 Apr 2025 07:52:39 Z /news/525132-bp-s-profit-drops-48-in-first-quarter-2025 /news/525091-galp-reports-29-profit-fall Portugal's Galp Energia reported a 29% drop in adjusted first-quarter core profit on Monday, hit by falling oil output and a decline in refining margins to less than half the levels booked a year ago… Mon, 28 Apr 2025 10:22:45 Z /news/525091-galp-reports-29-profit-fall /news/525047-slb-misses-profit-estimates-for-first-quarter-of-2025 Top oilfield services provider SLB missed estimates for first-quarter profit on Friday, as weaker Latin American demand dragged on its international business, and… Fri, 25 Apr 2025 11:55:37 Z /news/525047-slb-misses-profit-estimates-for-first-quarter-of-2025 /news/524978-eni-reports-smaller-profit-drop-than-expected Italian energy group Eni on Thursday reported a smaller than expected 11% yearly drop in adjusted net profit for the first quarter.Adjusted net profit came in at 1… Thu, 24 Apr 2025 08:08:28 Z /news/524978-eni-reports-smaller-profit-drop-than-expected