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.
US sets new safety measures as deep sea oil drillers test new depths
New BSEE rules for ultra-high pressure offshore drilling follow Chevron's breakthrough Anchor project, enhancing safety standards for high-stakes operations.
US Gulf of Maine offshore wind auction poses test for beleaguered industry
Biden's administration to launch sale of offshore wind rights off northern New England, testing industry interest after setbacks.
QatarEnergy takes 50% stake in TotalEnergies solar project in Iraq
QatarEnergy takes a 50 per cent stake in TotalEnergies’ 1.25 GW solar project in Iraq, aiming to boost Iraq’s power supply by 2027.
Norway’s wealth fund falls short on climate ambitions, NGO says
Norway’s $1.8T wealth fund missed climate goals, backing only 4 of 21 key shareholder proposals on emissions targets in 2024.
SBM Offshore divests minority interest in FPSO Sepetiba
October 24, 2024 SBM Offshore announces it has completed the divestment of a 13.5% ownership interest in the special purpose companies related to...
Baker Hughes Company Announces Third-Quarter 2024 Results
Third-quarter highlights Orders of $6.7 billion, including $2.9 billion of IET orders.RPO of $33.4 billion, including record IET RPO of $30.2 billion.Revenue of...
Saft introduces new 28V lithium-ion battery for aviation
Saft presents a new 28-volt lithium-ion battery for back-up and powerful engine starting for business jets and helicopters. This lithium-ion battery is more...
US closes $861 million loan guarantee for solar, energy storage in Puerto Rico
The U.S. Energy Department has approved the loan to fund two solar farms and battery storage projects in Puerto Rico.
