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Energy Industry News
5498 posts
BP’s 700 job cuts expose how aggressively Meg O’Neill is dismantling the old organisation
BP is preparing to cut about 8% of its non-frontline production and operations roles as a new two-division structure, asset sales and debt reduction reshape the British energy major.
July 31, 2026
Chevron reports record $12.1bn Q2 2026 earnings on 20% production surge
Chevron delivered $12.1B Q2 earnings and record 4.07 MBOED output; a 20-year Microsoft AI power deal reframes the story around energy for data centres.
July 31, 2026
Tata Power’s 800 MW Andhra Pradesh renewable project moves from agreement to execution
Tata Power Renewable Energy has begun work on an 800 MW solar and wind project spanning Kurnool and Ananthapuram, converting part of its broader Andhra Pradesh renewable pipeline into construction-stage capacity.
July 31, 2026
Cameco paid US$2.1bn for Westinghouse. What could an IPO reveal now?
Westinghouse Electric Company has confidentially filed for a proposed U.S. initial public offering, creating a potential valuation catalyst for Cameco Corporation while leaving crucial questions about ownership, proceeds, dilution and government participation unanswered.
July 31, 2026
Did Larsen & Toubro really win Rs 55,000Cr order? Official TenneT filing points to a different figure
Larsen & Toubro has secured an ultra-mega offshore wind framework with TenneT, but its official disclosure does not confirm the widely circulated ₹55,000 crore order value.
July 31, 2026
Advanced Innergy Holdings (ASX: AIH) shares plunge 32% after FY26 EBITDA guidance cut
Advanced Innergy Holdings has cut its FY26 revenue and EBITDA forecasts as Middle East project delays and manufacturing cost pressures disrupt the energy-focused materials group. A larger order book offers potential FY27 support, but investors are questioning how quickly delayed work can convert into profitable revenue.
July 31, 2026
Origin Energy (ASX: ORG) delivers A$911m APLNG dividend but flags FY27 decline as data breach exposes 900,000 customers
Origin Energy's APLNG delivered $911m franked dividends and beat FY26 production guidance; FY27 flags natural decline as a breach hits 900,000 customers.
July 31, 2026
Woodside Energy Q2 2026: Revenue jumps 28% as Sangomar delivers and Scarborough approaches first LNG
Woodside Energy Q2 revenue rose 28% to $4.19bn on $85/boe realised prices, but $400m hedge outflows and 21% gearing shadow the Scarborough Q4 LNG countdown.
July 31, 2026
Shell earnings reach $9.8bn as refining boom funds another $3bn buyback
Shell posted $9.8 billion in adjusted earnings as record refining, higher prices and strong cash flow supported buybacks and expansion.
July 30, 2026
TechnipFMC delivers 21% EBITDA margin as subsea execution accelerates, but $10bn order target now hinges on H2
TechnipFMC Q2 2026: revenue $2.76B, adj EPS $0.91, Subsea margin 23.2%. Guidance held, but $10B order target now needs $5.6B of H2 Subsea inbound.
July 30, 2026