Exxon Mobil (NYSE: XOM) Tops Q1 Earnings Estimates Despite Revenue Miss, Lower Oil Prices
Exxon Mobil (NYSE: XOM) reported first-quarter 2025 earnings that surpassed analyst expectations, although revenue came in below forecasts as softer […]
Energy
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Chevron (NYSE: CVX) Posts Mixed Q1 Results: Earnings Beat, Revenue Misses
Chevron (NYSE: CVX) reported a sharp year-over-year decline in first-quarter earnings, though results still came in slightly ahead of Wall
Chevron (NYSE: CVX) Posts Mixed Q1 Results: Earnings Beat, Revenue Misses Read More »
Occidental Petroleum (NYSE: OXY) Stock Falls as Production Forecast Misses Estimates
Shares of Occidental Petroleum (NYSE: OXY) fell about 1% in pre-market trading on Wednesday after the oil and gas giant
Occidental Petroleum (NYSE: OXY) Stock Falls as Production Forecast Misses Estimates Read More »
LyondellBasell Inks Renewable Power Purchase Agreements in Europe
On Wednesday, LyondellBasell (NYSE: LYB), the petrochemicals manufacturer, said it has signed power purchase agreements in Europe for wind energy
LyondellBasell Inks Renewable Power Purchase Agreements in Europe Read More »
Wall Street Braces for Oil Refiners’ Lower Q4 Earnings, Tariff Plans
NEW YORK – Wall Street is bracing for a sharp decline in U.S. oil refiners’ fourth-quarter profits as fuel demand
Wall Street Braces for Oil Refiners’ Lower Q4 Earnings, Tariff Plans Read More »
UK Competition Regulator Opens Probe into $8 Billion SLB-ChampionX Deal
On Wednesday, Britain’s competition regulator said it has launched an inquiry into oilfield services company SLB’s (NYSE: SLB) proposed $8
UK Competition Regulator Opens Probe into $8 Billion SLB-ChampionX Deal Read More »
TotalEnergies and STMicroelectronics Seal 15-Year French Renewable Power Deal
TotalEnergies (NYSE: TTE), the French oil major, has signed a 15-year deal with STMicroelectronics (NYSE: STM) to supply 1.5 terawatt
TotalEnergies and STMicroelectronics Seal 15-Year French Renewable Power Deal Read More »
Chevron to Build Gas Plants to Power Data Centers Amid AI Boom
On Tuesday, Chevron (NYSE: CVX), the oil and gas producer, said it plans to build natural gas-based power plants next
Chevron to Build Gas Plants to Power Data Centers Amid AI Boom Read More »
Petrobras CEO Informs Brazil President of Planned Diesel Price Adjustment: Reports
SAO PAULO/RIO DE JANEIRO – The chief executive of Brazilian state-run oil firm Petrobras (NYSE: PBR) told Brazilian President Luiz
Petrobras CEO Informs Brazil President of Planned Diesel Price Adjustment: Reports Read More »
Mozambique President Discussed LNG, Hydro Projects with TotalEnergies’ CEO
CAPE TOWN/PARIS – Mozambique’s President Daniel Chapo met with Patrick Pouyanne, the chief executive of TotalEnergies (NYSE: TTE), on Monday
Mozambique President Discussed LNG, Hydro Projects with TotalEnergies’ CEO Read More »
Southern California Edison Shares New Details on Transmission Lines in Eaton Amid Wildfire Probe
On Monday, Southern California Edison, a unit of utility Edison International (NYSE: EIX), said preliminary analysis of data showed a
Big Oil In No Rush to ‘Drill Baby Drill’ This Year Despite Trump Agenda
HOUSTON – Wall Street expects U.S. oil and gas companies to keep a lid on spending in 2025 and keep
Big Oil In No Rush to ‘Drill Baby Drill’ This Year Despite Trump Agenda Read More »
Exclusive: BP-Iraq Kirkuk Deal Must Include Kurdistan, Region’s PM Says
DAVOS, Switzerland – Baghdad and BP’s (NYSE: BP) negotiations over a major deal to redevelop Kirkuk’s oil and gas fields
Exclusive: BP-Iraq Kirkuk Deal Must Include Kurdistan, Region’s PM Says Read More »
Lyondell to Begin Closure of Houston Refinery This Weekend, Sources Say
HOUSTON – LyondellBasell Industries (NYSE: LYB) will begin the permanent closure of its 263,776 barrel-per-day Houston refinery this coming weekend,
Lyondell to Begin Closure of Houston Refinery This Weekend, Sources Say Read More »
Shell Downstream Boss Vigeveno Steps Down
LONDON – Shell’s (NYSE: SHEL) head of downstream and renewables Huibert Vigeveno will step down after 30 years with the
TotalEnergies Pushes Back $20 Billion Mozambique LNG Project Timeline
TotalEnergies’ (NYSE: TTE) $20 billion Mozambique LNG project will not be operational by 2029 as hoped, the French oil major
TotalEnergies Pushes Back $20 Billion Mozambique LNG Project Timeline Read More »
Chevron Expresses Interest in Greek Energy Exploration
ATHENS – Chevron (NYSE: CVX) is interested in energy exploration in Greece, the U.S. oil producer and the country’s energy
Chevron Expresses Interest in Greek Energy Exploration Read More »
SLB Says Its Russia Business Aligns with New US Sanctions as Revenue Drops
HOUSTON/WASHINGTON – On Friday, Schlumberger (NYSE: SLB), the Oilfield service provider, said its current business in Russia still aligns with
SLB Says Its Russia Business Aligns with New US Sanctions as Revenue Drops Read More »
Schlumberger Boosts Dividend and Buybacks, but Warns of Oil Oversupply
Schlumberger (NYSE: SLB), the Oilfield company, raised its quarterly dividend and accelerated share repurchases on Friday as its fourth-quarter profit
Schlumberger Boosts Dividend and Buybacks, but Warns of Oil Oversupply Read More »
US Announces Nearly $23 Billion in Loans to Energy Utilities Across 12 States
WASHINGTON – On Thursday, the U.S. Energy Department’s loan office announced $22.92 billion in conditional financing for several energy utilities
US Announces Nearly $23 Billion in Loans to Energy Utilities Across 12 States Read More »
BP to Cut Over 5% of Workforce in CEO Cost Cut Drive
LONDON – BP (NYSE: BP) will cut over 5% of its global workforce, it said on Thursday, as part of
BP to Cut Over 5% of Workforce in CEO Cost Cut Drive Read More »
TotalEnergies Flags Slight Q4 Recovery on Better Power Sales, LNG Trading
PARIS – TotalEnergies (NYSE: TTE) said its fourth-quarter results would benefit from a slight pickup in refining margins, increased production,
TotalEnergies Flags Slight Q4 Recovery on Better Power Sales, LNG Trading Read More »
New York City Lawsuit Against Exxon, BP, Shell Over Climate Change Dismissed
NEW YORK – A judge has dismissed New York City’s lawsuit seeking to hold Exxon Mobil (NYSE: XOM), BP (NYSE:
New York City Lawsuit Against Exxon, BP, Shell Over Climate Change Dismissed Read More »
Shell to Halt Spain Gas Trading, Relocate Staff, Cinco Dias Reports
MADRID – Shell (NYSE: SHEL) plans to close its Madrid gas trading operations for tax reasons, the Spanish newspaper Cinco
Shell to Halt Spain Gas Trading, Relocate Staff, Cinco Dias Reports Read More »
