Enbridge reports record 2024 financial results, raises dividend, and reaffirms 2025 guidance
Enbridge Inc. has reported record financial results for 2024, highlighting strong earnings, stable cash flow, and continued growth across its core business segments. The company ... Read More
Equinor’s strong Q4 2024 results signal robust free cash flow and ambitious growth plans for 2025
Equinor ASA concluded 2024 with a robust financial performance, marked by strong operational resilience, strategic capital allocation, and a significant focus on strengthening its free ... Read More
Shell revives Penguins field production in UK North Sea with new floating production facility
Shell has restarted Penguins field production in the UK North Sea, marking a major step forward for the country’s offshore energy sector. The redevelopment of ... Read More
Shell reports strong cash flow despite lower Q4 2024 earnings, boosts dividends and buybacks
Shell plc reported a decline in quarterly earnings for the fourth quarter of 2024, reflecting the impact of lower oil and gas prices, weaker refining ... Read More
North Sea oil projects face delay as Scottish court overturns approvals
In a landmark decision, Scotland’s highest civil court has ruled that the UK government’s approval of the Jackdaw and Rosebank North Sea oil projects was ... Read More
Petrobras extends FPSO Cidade de Angra dos Reis charter in Tupi field until 2030
Petrobras, in collaboration with the Tupi field consortium, has announced a critical extension to the charter and service contracts for the FPSO Cidade de Angra ... Read More
Shell and Chevron begin Whale production in Gulf of Mexico
Shell Offshore Inc., a subsidiary of Shell plc, and Chevron U.S.A. Inc., a division of Chevron Corporation, have commenced operations at the Whale production facility, ... Read More
TechnipFMC bags subsea contract for Shell’s Bonga North development
TechnipFMC has been awarded a substantial subsea contract by Shell Nigeria Exploration and Production Company Limited (SNEPCo), a subsidiary of Shell plc, for the Bonga ... Read More
C3 AI delivers strong Q2 revenue growth with 29% increase, expands Microsoft partnership
C3.ai, Inc. (C3 AI) posted impressive results for its fiscal second quarter ending October 31, 2024, with a 29% year-over-year revenue increase, reaching $94.3 million. ... Read More
Shell and Equinor battle to keep North Sea oil and gas projects alive as Greenpeace tightens legal grip
In a pivotal legal showdown, Shell and Equinor have urged a Scottish court to uphold the UK government’s approval of two contentious North Sea oil ... Read More