Category: Company News

Gran Tierra Energy, a Canadian oil and gas company, has announced a new oil discovery at the Charapa-B7 well in Ecuador.

Eni has completed the sale of its Nikaitchuq and Oooguruk oil assets in Alaska, the US, to Hilcorp in a deal valued at $1bn (€920m).

ADNOC and AIQ have unveiled ENERGYai, a custom-built agentic artificial intelligence (AI) solution for the energy industry.

Exxon Mobil has reported earnings of $8.61bn in the third-quarter of 2024, a decline of 4.4% from the $9.01bn in 2023.

Norwegian oil and gas company Var Energi has finalised the sale of its 20% interest in the North Sea’s Boyla field to Concedo.

Global Partners has announced the acquisition of a liquid energy terminal in East Providence, Rhode Island, from ExxonMobil Oil.

Chevron has reported a decrease in earnings for the third quarter of 2024, citing lower margins on refined product sales, lower realisations, and the absence of prior year favourable tax items as primary reasons.

TotalEnergies reported an adjusted net income of $4.07bn in Q3 2024 down 13% from $6.45bn during the same period in 2023.

Shell has reported adjusted earnings of $6.02bn in the third quarter (Q3) of 2024, down 3.1% from $6.22bn in during the same period in 2023.

Woodside has completed the sale of a 15.1% interest in the Scarborough Joint Venture to JERA, Japan’s power generation company.