bp Reports 2023 Results [PDF Downloads]

(bp, 6.Feb.2024) — bp delivered strong underlying financial performance in 2023, raising the dividend by 10% and buying back $7.9bn of shares, with net debt […]

Venture Global and Grain LNG Ink New Deal

(Venture Global LNG, 5.Feb.2024) — Grain LNG and Venture Global announced the execution of a binding long-term terminal use agreement (TUA) enabling the regasification and […]

Coretrax Buys Well Technology, Secures Fresh Deals

(Coretrax, 16.Jan.2024) — Coretrax, a global leader in oil and gas well integrity and production optimisation, has strengthened its well intervention capabilities after acquiring a complementary […]

Key Upstream Things to Watch in 2024: WoodMac

(WoodMac, 10.Jan.2024) — Geopolitical tensions, a record year for elections and economic uncertainty will define the backdrop to the upstream industry in 2024. Wood Mackenzie […]

Nabors Completes Business Combination Between NETC

(Nabors, 19.Dec.2023) — Nabors Industries Ltd. (NYSE: NBR) issued the following statement from Chairman, President and CEO Anthony G. Petrello regarding the closing of the previously announced business […]

S&P Global Releases its 2024 Energy Outlook

(S&P Global, 14.Dec.2023)  — Analysts at S&P Global Commodity Insights, an independent provider of information, data, analysis, benchmark prices and workflow solutions for the commodities, […]

DNV Names Head of CCUS

(DNV, 6.Dec.2023) — DNV, the independent energy expert and assurance provider, has announced the appointment of Jamie Burrows as head of its Energy Systems business area’s Carbon […]

UK Energy Transition Outlook

(WoodMac, 23.Nov.2023) — Energy policy is a political hot topic in the UK. Broadly, ambition is high: net zero by 2050 targets are enshrined in […]

Oxy and BlackRock JV to Develop STRATOS DAC Plant

(Oxy, 7.Nov.2023) — Occidental (NYSE: OXY) announced today that BlackRock (NYSE: BLK) will invest $550mn on behalf of clients in the development of STRATOS, the world’s largest Direct […]

EAI’s NRGBriefs: Oct. 2023

(Energy Analytics Institute, 31.Oct.2023) — Energy briefs as well as others related to finance and projects during October 2023 including Vista‘s third quarter 2023 earnings […]

Big Oil: Upstream M&A Gets Serious

(WoodMac, 26.Oct.2023) — ExxonMobil’s and Chevron’s belief in the durability of upstream could hardly be better demonstrated by the game-changing acquisitions of two flagship US […]

Baker Hughes Reports 3Q:23 Results [PDF Downloads]

(Baker Hughes, 25.Oct.2023) — Baker Hughes Company (Nasdaq: BKR) announced results today for the third quarter of 2023. Highlights: Orders of $8.5bn for the quarter, up 40% year-over-year. Revenue of $6.6bn for […]

Nabors Reports 3Q:23 Results

(Nabors, 25.Oct.2023) — Nabors Industries Ltd. (NYSE: NBR) reported third quarter 2023 operating revenues of $734mn, compared to operating revenues of $767mn in the second quarter. The net loss […]

EAI’s NRGBriefs: Sep. 2023

(Energy Analytics Institute, 30.Sep.2023) — Energy briefs as well as others related to finance and projects during Sep. 2023 including Petrobras saying that in regards […]

Kate Thomson Appointed as bp Interim CFO

(bp, 19.Sep.2023) — bp today announced that Kate Thomson has been appointed interim chief financial officer. Her appointment follows the appointment last week of Murray […]

STRYDE Launches In-field Data Service

(STRYD, 24.Aug.2023) — STRYDE unveiled its new, novel integrated in-field data processing service, STRYDE Lens. This innovative solution is tailored to offer expedited access to […]

TotalEnergies Named Most-admired Explorer by WoodMac

(WoodMac, 27.Jun.2023) — French major TotalEnergies has been named the upstream industry’s most-admired explorer and received the Discovery of the Year award in Wood Mackenzie’s industry-leading annual […]