Focus on Business
ConocoPhillips reports Q3 profit beat, hikes production forecast
ConocoPhillips beats Q3 profit estimates, raises full-year output forecast, and increases buyback authorization by $20 billion.
Veren reports $277.2-million third-quarter profit, trims 2024 production guidance
CALGARY — Oil producer Veren Inc. saw its share price plunge by more than 14 per cent on Thursday, on news that the...
Canadian Natural Resources reports $2.27-billion third-quarter profit
Product sales totalled $10.40 billion, down from $11.76 billion in the same quarter last year.
Analysis: US companies boost social and climate reporting amid ESG backlash
U.S. firms have increased ESG reporting, with 85 per cent now disclosing emissions and 82.6 per cent sharing workforce data.
Chevron CEO under pressure to halt share slide as Hess deal stalls
After years of outperforming rivals, Chevron and its CEO are now under pressure as the company's Hess purchase stalls.
TotalEnergies third-quarter income drops as refining margins collapse
French oil and gas producer TotalEnergies warned its earlier in October that its financial results would take a hit.
Shell Q3 profits of $6 billion beat forecast as gas offsets weak refining
The Anglo-Dutch company's profits are up, as debt drops and sales of super-chilled LNG increase by 1 million metric tons.
Stellantis Q3 revenues down 27% as company sees progress on inventories
The Dutch EV maker is reducing bloated inventories and remedying poor commercial performance that led to a September profit warning.
Panasonic’s battery unit Q2 operating profit rises 42%, keeps forecast
TOKYO (Reuters) -Japan’s Panasonic Holdings said on Thursday second-quarter operating profit rose 42% at its battery-making energy unit, as stronger sales of energy...
Papua New Guinea to boycott ‘waste of time’ COP29
Papua New Guinea will skip COP29, calling it a "waste of time" with "empty promises" from big polluters, says Foreign Minister Tkatchenko.
