Browsing Tag
ExxonMobil
102 posts
ExxonMobil (XOM) earns $15.4bn as refining profits surge and $20bn buyback plan emerges
ExxonMobil's third-quarter earnings and free cash flow underline the growing contribution of refining operations, while the energy major expands its LNG interests and outlines another substantial shareholder repurchase programme.
SLB shares jump 7% as Q3 revenue reaches $9.45bn, but margins remain below 2025
SLB delivered stronger third-quarter revenue, free cash flow and sequential operating profitability as Middle East activity recovered and data-centre infrastructure demand accelerated, although organic growth and year-on-year margins reveal a more complicated earnings picture.
ExxonMobil signals $4.5bn refining earnings boost as oil-price pressure hits upstream
ExxonMobil's preliminary third-quarter earnings factors reveal a major improvement in refining margins, contrasting with weaker crude oil realisations and substantial accounting timing effects ahead of its October 30 results.
Beam Global to acquire ScoutDI for $24m as it targets U.S. defense drone market
Beam Global plans to buy ScoutDI for $24 million and expand into U.S. defense drones. Find out what the deal could mean for BEEM investors.
US Supreme Court opens new term with climate, gun rights and immigration cases ahead
The US Supreme Court opens a major new term with climate, gun, immigration and voting cases that could reshape federal and state power.
ExxonMobil weighs Venezuela return nearly 20 years after nationalisation dispute
ExxonMobil is in discussions over a potential return to Venezuela’s Orinoco Belt, Reuters reported citing people familiar with the matter, including possible involvement in the Petromonagas project from which its predecessor asset was nationalised nearly two decades ago.
Energean (LSE: ENOG) jumps as 45% profit rise meets $3.2bn debt test
Energean profit rose 45% and production has rebounded. Can Katlan, $5bn of gas contracts and stronger H2 output reduce its $3.2bn debt?
Santos (ASX: STO) pays US$189m to lift Papua LNG stake as FID nears
Santos is acquiring another 3.3% of Papua LNG from TotalEnergies for approximately US$189 million, increasing its stake to 21% as a redesigned US$14 billion project moves closer to a long-awaited final investment decision.
NABEP’s reserve base is enormous, but its $100bn Venezuela plan still has to find the capital
North American Blue Energy Partners is set to control 17 Venezuelan oilfields containing about 65 billion barrels while targeting more than 1 million barrels a day of production. The unprecedented structure gives the U.S. government a 35% equity stake and preferential access to output, but the real commercial test is whether NABEP can finance and execute a proposed $100 billion infrastructure programme across fields that have suffered years of underinvestment.
Hunting (LSE: HTG) trims EBITDA guidance after Kuwait tender delay
A delayed Kuwait Oil Company tender has pushed Hunting’s 2026 EBITDA guidance below its previous range, overshadowing strong subsea orders and a higher interim dividend.