Investment will see a new IDNO, Aurora, launch in the UK market New IDNO will help to drive decarbonization in the UK to reach net zero targets Energy industry leaders to take the helm of new IDNO business MIAMI & LONDON--(BUSINESS WIRE)--I Squared...
Second-quarter earnings of $1.0 billion or $2.38 per share; adjusted earnings of $984 million or $2.31 per share $1.3 billion returned to shareholders through dividends and share repurchases Record Midstream NGL pipeline and fractionation volumes; ...
Fifth Strategic Robotics Transaction Extends Services Capabilities and Expands End Market DiversityLOS ANGELES--(BUSINESS WIRE)--#automation--Angeles Equity Partners, LLC (“Angeles”) portfolio company, Acieta (formerly known as RōBEX), today announced...
Revenue of $2.2 billion, up 26% on a reported basis and 9% organically Earnings per share of $0.80, up 78%; $1.09 on an adjusted basis, up 11% Raising full-year revenue guidance to $8.55 billion, up approximately 16%, with organic revenue growth of...
SEOUL, South Korea--(BUSINESS WIRE)--Magnachip Semiconductor Corporation (“Magnachip” or “Company”) (NYSE: MX) announced the release of its 8th-generation 1)MXT LV MOSFET (Metal Oxide Semiconductor Field Effect Transistor) for smartphone battery protec...
VERNAL, Utah--(BUSINESS WIRE)--Superior Drilling Products, Inc. (NYSE American: SDPI) (“SDP” or the “Company”), a designer and manufacturer of drilling tool technologies, today announced that its shareholders voted to approve the acquisition of SDP by ...
London, July 30, 2024, (Oilandgaspress) –– Oil prices continued to fall on Tuesday morning. The rising geopolitical risk in the Middle East and the potential of a supply disruption in Venezuela seems to have no direct effect on oil prices. Concerns about demand in China,...
London, July 30, 2024, (Oilandgaspress) –– Neste and HELLENiQ ENERGY, one of Southeast Europe's leading energy groups, have collaborated to deliver blended Neste MY Sustainable Aviation Fuel to HELLENiQ ENERGY’s facilities in Thessaloniki. It is the first time that blended sustainable aviation fuel (SAF) is...
Second Quarter Highlights include: Reported revenues of $188.7 million, net income of $8.2 million and operating cash flow of $32.4 million; Delivered Adjusted EBITDA of $31.3 million and free cash flow of $30.9 million; Australian segment continue...
London, July 30, 2024, (Oilandgaspress) –– bp has taken a final investment decision on the Kaskida project in the US Gulf of Mexico. This demonstrates bp’s long-term commitment to deliver secure, affordable and reliable energy. Kaskida will be bp’s sixth hub in the Gulf of Mexico,...
London, July 30, 2024, (Oilandgaspress) –– Strong operating cash flow and lower net debt: underlying RC profit $2.8 billion; strong operating cash flow of $8.1 billion; net debt reduced to $22.6 billion. Robust operations: 2Q24 bp-operated upstream plant reliability* 96.1%; 2Q24 bp-operated refining availability* 96.4%. Growing shareholder distributions: Dividend per...
HOUSTON--(BUSINESS WIRE)--Enterprise Products Partners L.P. (NYSE: EPD) today announced that it is moving forward with a key expansion project along the Houston Ship Channel in response to continued strong customer demand for natural gas liquids export...