Industry News

Spain Slowly Returning to Normal After Crippling Blackout

Industry News - Tue, 2025-04-29 02:48
Spain and Portugal were returning to some semblance of normality early Tuesday.

Emera, Nova Scotia Power Report Cyber Breach

Industry News - Tue, 2025-04-29 01:57
The companies said the incident has not impacted Nova Scotia Power's physical operations and Emera's utilities in the U.S. and the Caribbean.

US Urges Eastern Europe to Split from EU Energy Transition Aims

Industry News - Tue, 2025-04-29 01:30
The U.S. energy secretary said western Europe chose the wrong path of expensive 'top-down imposition of enforced climate policies'.

TechnipFMC Logs Higher Q1 Revenue

Industry News - Tue, 2025-04-29 01:30
TechnipFMC posted $2.23 billion in revenue for the first quarter.

Crude Dips to Two-Week Low Amid Trade War Fears

Industry News - Mon, 2025-04-28 15:52
Oil prices slid as weak US data and trade tensions with China deepened worries over energy demand.

Matador Sees YoY Increase in Profit as Output Rises

Industry News - Mon, 2025-04-28 09:30
Matador posted $240.1 million in net profit for Q1 2025, up 24 percent from the $193.7 million logged for Q1 2024.

Phillips 66 to Build 300 MMcfd Gas Processing Facility in Permian

Industry News - Mon, 2025-04-28 09:27
Expected to start operation in Q1 2027, the Iron Mesa gas plant will serve Delaware and Midland Basin production.

ORLEN Signs Third Contract to Supply Naftogaz with Natural Gas

Industry News - Mon, 2025-04-28 08:00
The agreement brings the total contracted volume of US-sourced gas supplied to Ukraine to 300,000 cubic meters.

SLB Logs Lower Profit for Q1

Industry News - Mon, 2025-04-28 06:33
Despite being weighed down by the potential impact of tariffs, SLB expects to exceed its policy of returning over 50 percent of free cash flow to shareholders this year.

What Are the Latest AI Developments Oil and Gas Needs to be Aware Of?

Industry News - Mon, 2025-04-28 03:54
Rigzone talks to Toni Fadnes, the Chief Transformation Officer of eDrilling.

Woodside Posts $3.32B Revenue for Q1

Industry News - Mon, 2025-04-28 03:29
Q1 revenue fell five percent from the prior three-month period primarily due to lower production and weaker oil-linked prices.

Naftogaz Keeps Gas Prices Unchanged for Another Year

Industry News - Mon, 2025-04-28 01:52
Naftogaz will continue delivering natural gas to households in Ukraine at the current regulated rate until April 2026 to reflect the current moratorium on raising gas tariffs.

Iberdrola Launches Offshore Construction of East Anglia 3 Wind Farm

Industry News - Mon, 2025-04-28 01:44
Iberdrola said an engineering feat has been achieved with the installation of a giant monopile.

Gazprom Refiner in Serbia Gets Fresh Reprieve on US Sanctions: Vucic

Industry News - Mon, 2025-04-28 01:30
'Serbia managed to win another delay in sanctions against NIS, this time for two months, until June 27'.

Oceaneering Net Income Soars for Q1

Industry News - Mon, 2025-04-28 01:30
Oceaneering outperformed expectations for the first quarter.

GeoPark Exceeds Q1 Production Guidance

Industry News - Sun, 2025-04-27 06:00
The Latin American energy company's pro-forma average daily production in the first quarter reached 36,279 boe, surpassing its initial guidance for the year of 35,000 boe.

DV Group Embarks on Big Push Into Commodities Beyond Energy

Industry News - Sat, 2025-04-26 07:00
DV Group is expanding its nascent commodities-trading business.

Trade War Is Diverting USA Petroleum Gas Cargoes Away From China

Industry News - Fri, 2025-04-25 15:00
The diversions show the disruption to supply chains caused by the trade fight between the U.S. and China.

WTI Ends Higher But Logs Weekly Loss

Industry News - Fri, 2025-04-25 14:53
Oil prices edged up slightly as conflicting US-China trade signals kept markets cautious.

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