Economic

Saipem Posts Stable Q1 Profit

Saipem reported around $92 million in net income for the first quarter, up 1.3 p...

Kinder Morgan Raises Dividend

Kinder Morgan reported a 39 percent year-on-year increase to $1.06 billion in ad...

Helix to Merge into Hornbeck

'The strategic combination will create a recognized leader in offshore operation...

Martin MLP Walks Back Profit Guidance as Losses Deepen

'Two primary headwinds impacted the quarter: meaningful margin pressure in our f...

EIV Capital Raises $1.1B for New Oil and Gas Funds

The Houston-based private equity firm completed a capital raise to launch two oi...

Iberdrola Completes Mexico Exit

Iberdrola completed the sale of its Mexican assets, including 2.6 GW of installe...

Kernel Loans $45MM from EBRD for Ukraine Solar Project

The agribusiness secured a $45-million loan from the European Bank for Reconstru...

BP Emerges as Top Big Oil Stock During Iran War

BP Plc, long the laggard among oil supermajors, is emerging as the sector's top ...

Eni Raises Share Buyback Plan to $3.3B

The Italian state-backed energy major plans to raise its share repurchase progra...

BP More Than Doubles Profit on 'Exceptional' Oil Trading

The British energy giant benefited from higher oil prices amid the war in the Mi...

Seatrium Seals Tugboat Fleet Divestment

The sale to fellow Singaporean company KST Maritime is part of a series of non-c...

TotalEnergies Raises Q1 Dividend as LNG Trading Rides V...

TotalEnergies reported $5.4 billion in net profit adjusted for nonrecurring item...

OMV Petrom Raises Annual Budget by 23 Percent

OMV Petrom shareholders approved around $2.07 billion in investment for 2026, mo...

Iberdrola Posts Higher Adjusted Profit on UK Power Growth

The year-on-year increase was mainly due to electricity distribution in the UK g...

CNOOC Ltd Logs Higher Q1 Profit

The Chinese state-backed company reported around $5.72 billion in net income for...

2,500 raids, 2,000 cylinders seized & 500 notices: ...

Nearly 2,500 raids were conducted in the last 24 hours under the Enforcement Act...

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