Exxon’s Rising Production Drives Earnings Beat Despite Oil Slide

Exxon Mobil Corp. beat earnings estimates as strong production growth cushioned the drop in oil prices and refining margins, easing investor concerns about an increase in capital spending.  Adjusted fourth-quarter…

  • Gas
  • January 31, 2025
Weldship appoints Mike Dever as Operations Manager

Gas containment and transportation specialist Weldship has appointed Mike Denver as Operations Manager, effective immediately. Before joining the Weldship team, Denver spent 25 years with BOC/Linde in such positions as…

  • Gas
  • January 31, 2025
Weldship appoints Mike Denver as Operations Manager

Gas containment and transportation specialist Weldship has appointed Mike Denver as Operations Manager, effective immediately. Before joining the Weldship team, Denver spent 25 years with BOC/Linde in such positions as…

  • Gas
  • January 31, 2025
Weldship appoints Mike Denver as General Manager

Gas containment and transportation specialist Weldship has appointed Mike Denver as Operations Manager, effective immediately. Before joining the Weldship team, Denver spent 25 years with BOC/Linde in such positions as…

Ukrainian Drone Attacks Disrupt Key Russian Oil Export Route

An overnight attack by Ukrainian drones on Russia’s Andreapol oil pumping station, part of the oil export route via the Baltic Sea port of Ust-Luga, has forced oil flows to…

Oil Prices Set for Second Consecutive Weekly Decline

Oil Prices Set for Second Consecutive Weekly Decline | OilPrice.com `; document.write(write_html); } Breaking News: ByIrina Slav– Jan 31, 2025, 1:37 AM CST Crude oil prices looked set for their…

Baker Hughes Beats Expectations With Q4 Results

Baker Hughes reported better-than-expected financial results for the fourth quarter of 2024 on the back of a stronger natural gas technology business. Fourth-quarter profit was up by a sizable 54%…

  • Gas
  • January 31, 2025
ABS approves ammonia FPSO with carbon capture

A new design for an ammonia floating production storage and offloading (FPSO) unit that features onboard carbon capture technology for blue ammonia production has received approval in principle (AIP) from…

NMDC Energy Reports 80% Profit Growth in 2024, Expands Globally and Advances Sustainability

Representational image. Credit: Canva Abu Dhabi-based NMDC Energy PJSC, a subsidiary of NMDC Group, has announced robust financial results for 2024, driven by strategic international expansion, a strong project pipeline,…

Penspen Secures $120 Million in Global Contracts, Expands Middle East & Africa Operations Amid Rising Demand for Energy Transition Solutions

Global energy engineering firm Penspen has secured $120 million in new contract awards in the second half of 2024, marking a 14% year-on-year increase. The latest deals push Penspen’s total…