Shell beats forecasts with $6.3 billion second quarter profit
Shell reported Q2 profit of $6.3bn, a drop of 19% from the previous three months, as refining margins and oil and gas trading...
Big truckmakers bet on hydrogen to extend combustion engine life
With electric batteries not up to the task of long-haul freight, hydrogen trucks offer a chance for low-emission deliveries.
Transocean Ltd. Announces $531 Million Ultra-Deepwater Drillship Contract
STEINHAUSEN, Switzerland, July 31, 2024 (GLOBE NEWSWIRE) -- Transocean Ltd. (NYSE: RIG) (“Transocean”) today announced a 1,095-day contract for the Deepwater Invictus with...
Indonesia aims to accelerate carbon storage sector development
Indonesian government aims to accelerate development of a carbon capture and storage industry to help fight climate change
BP delivers higher-than-expected profits and raises dividend
BP profits beat expectations but problems with refining business means figures are down year-on-year.
Subsea7 – Subsea Integration Alliance awarded EPCI contract offshore UK
Luxembourg – 29 July 2024 - Subsea7 S.A. (Oslo Børs: SUBC, ADR: SUBCY) today announced the award of a sizeable(1) contract by bp...
Baker Hughes Company Announces Second-Quarter 2024 Results
Second-quarter highlights Orders of $7.5 billion, including $3.5 billion of IET orders.RPO of $33.5 billion, including record IET RPO of $30.2 billion.Revenue of...
Analysis: Whoever wins election, Venezuela faces natural gas problem
Venezuela faces critical gas shortages despite vast reserves, with upcoming elections intensifying debate over privatization and investment to revive production.
SLB to Accelerate Co-Development of AI-Driven Digital Platform for Aker BP
HOUSTON--(BUSINESS WIRE)--Regulatory News: SLB and Aker BP today announced they have agreed a long-term partnership to co-develop an AI-driven digital platform for Aker...
