Industry News
US Election: What a Trump or Harris victory means for the hydrocarbons sector
Assessing what a Donald Trump or Kamala Harris victory would look like for the US oil and gas sectors.
Category: Industry News
- Home
- Category: Industry News
Company News
Chevron reports decline in earnings and outlines plan for significant cost cuts
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.
Deal News
Rhône Energies consortium completes acquisition of Fos-sur-Mer refinery
Rhône Energies, a consortium comprising Entara and Trafigura, has completed the acquisition of the Fos-sur-Mer refinery, as well as the Toulouse and Villette-de-Vienne terminals from Esso.
Contract News
Shearwater Geoservices secures deepwater OBN survey project in West Africa
Shearwater Geoservices has announced a deepwater ocean-bottom node (OBN) survey contract in West Africa, marking a significant milestone for the region’s offshore data collection.
Deal News
DOF completes acquisition of Maersk Supply Service
DOF Offshore Holding Denmark, a subsidiary of DOF, has completed the acquisition of all shares in Maersk Supply Service from Maersk Supply Service Holding (MSSH).
Company News
TotalEnergies reports adjusted net income of $4.07bn in Q3 2024
TotalEnergies reported an adjusted net income of $4.07bn in Q3 2024 down 13% from $6.45bn during the same period in 2023.
Company News
Shell reports adjusted earnings of $6.02bn in Q3 2024
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.
Company News
Woodside completes sale of 15.1% stake in Scarborough JV to JERA
Woodside has completed the sale of a 15.1% interest in the Scarborough Joint Venture to JERA, Japan’s power generation company.
Deal News
Mineral Resources signs $722m gas exploration deal with Hancock
Mineral Resources has announced a significant A$1.1bn ($722.6m) agreement with Hancock Prospecting for its Perth Basin gas exploration permits.
Company News
BW, VAALCO and Panoro sign PSCs for Niosi and Guduma Marin blocks in Gabon
BW Energy has finalised PSCs for Niosi and Guduma Marin exploration blocks offshore Gabon, in partnership with VAALCO Energy and Panoro Energy.