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ExxonMobil Delivers $9.2B Second-Quarter Profit, Raises Output Target

Aug 02, 2024

Exxon Mobil on Friday posted a better-than-expected $9.2 billion second-quarter profit based on rising output from its purchase this year of shale oil firm Pioneer Natural Resources.Exxon delivered a $2.14 a share profit that beat analysts'鈥

ConocoPhillips Beats Q2 Profit, Reaffirms Shareholder Return For 2024

Aug 02, 2024

U.S. oil and gas producer ConocoPhillips' COP.N second-quarter profit beat Wall Street estimates on Thursday, benefiting from higher output and commodity prices.The beat comes as ConocoPhillips is pursuing a $22.5 billion takeover of Marathon Oil MRO鈥

Shell Beats Forecasts With $6.3B Q2 Profit

Aug 01, 2024

Shell reported second-quarter profit of $6.3 billion, a drop of 19% from the previous three months, as refining margins and oil and gas trading weakened, though still beating analysts' forecasts.The results were nearly 25% higher than a year earlier鈥

Valaris Nets $715M in Rig Contract Awards and Extensions in Last Three Months

Jul 30, 2024

云顶赌场老虎机 drilling company Valaris has secured approximately $715 million in new contracts and extensions since its last fleet status report issued three months ago.Contract backlog of $715 million excludes lump sum payments such as mobilization fees and capital reimbursements鈥

BP Posts $2.8B Second Quarter Profit, Raises Dividend

Jul 30, 2024

BP increased its dividend and extended its share repurchasing programme on Tuesday as it reported a forecast beating second-quarter profit of $2.76 billion, with weak refining offset by stronger oil prices and retail.The result will ease pressure鈥

Baker Hughes Beats Quarterly Profit Estimates on International Demand

Jul 30, 2024

Oilfield services firm Baker Hughes beat analysts' estimates for second-quarter profit on Thursday, powered by higher demand for its drilling services and equipment in international markets.The results echo those from SLB and Halliburton, as鈥

TotalEnergies Q2 Earnings Fall 6% on Weak Refined Product and Gas Demand

Jul 25, 2024

French oil major TotalEnergies reported a 6% fall in second-quarter earnings on Thursday, worse than analysts expected, hurt by lower refined product and gas sales and as European refining margins tumbled.Adjusted net income for the three months to June 30 was $4鈥

Saipem Reports 36% Rise in Second Quarter Core Profit

Jul 24, 2024

Italian energy contractor Saipem confirmed its 2024 guidance on Wednesday after reporting a 36% rise in adjusted core profit in the second quarter compared with the same period of last year.Adjusted earnings before interest, tax, depreciation鈥

Prysmian Gets $489M from EIB for European Green Transition Push

Jul 24, 2024

The European Investment Bank (EIB) and Italian cable maker Prysmian have signed a new $488.7 million (鈧450 million) finance contract to facilitate green electricity transmission and distribution in Europe.With a view to meeting the growing demand鈥

Norway's Vaar Energi Quarterly Operating Profit Lags Forecast

Jul 23, 2024

Vaar Energi, majority-owned by Italy's Eni, posted a second-quarter operating profit below expectations on Tuesday, but maintained its dividend payment level and said it was on track to increase oil output.Earnings before interest and tax (EBIT)鈥

Portugal's Galp Second-Quarter Profit Beats Expectations, Jumps 16%

Jul 22, 2024

Portugal's Galp Energia on Monday reported its second quarter adjusted net profit jumped 16% and beat expectations as higher oil price and lower cost of production offset lower production and stable refining margin.It booked an adjusted net profit of 299 million euros ($325鈥

SLB Beats Quarterly Profit Estimates on International Drilling Demand

Jul 19, 2024

SLB beat analysts' estimates for second-quarter profit on Friday, as the top oilfield services provider benefited from steady demand for its drilling equipment and technology in international markets.云顶赌场老虎机 exploration and production as well as drilling in international markets鈥

Noble Corporation Plans Delisting from Danish NASDAQ

Jul 19, 2024

云顶赌场老虎机 drilling contractor Noble Corporation has set out plans to voluntarily delist from NASDAQ Copenhagen, as the listing no longer justifies the associated costs.Noble said it will remain traded on the New York Stock Exchange (NYSE), as its primary listing exchange鈥

Exxon-led Guyana Oil Group's Net Margin Jumps in 2023

Jun 25, 2024

Guyana's lucrative agreement with an ExxonMobil-led consortium in the South American country last year generated $6.33 billion for the partners, government data showed, yielding a net margin larger than that of chip-maker Nvidia Corp.The trio's combined net margin was 56%鈥

Floating Wind Startup Aikido Technologies Raises $4 Million

Jun 21, 2024

Floating wind startup Aikido Technologies announced the close of its over-subscribed $4 million Series Seed investment round. The financing was led by Azolla Ventures with participation from Propeller Ventures, Sabanci Climate Ventures, Cisco Foundation鈥

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