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...
DALLAS--(BUSINESS WIRE)--Eagle Materials Inc. (NYSE: EXP) today reported financial results for the first quarter of fiscal 2025 ended June 30, 2024. Notable items for the quarter are highlighted below. (Unless otherwise noted, all comparisons are with ...
PORTLAND, Ore.--(BUSINESS WIRE)--NuScale Power Corporation (NYSE: SMR), the industry-leading provider of proprietary and innovative advanced small modular reactor nuclear technology, today announced that its management is scheduled to participate in se...
HOUSTON--(BUSINESS WIRE)--CenterPoint Energy, Inc. (NYSE: CNP) or “CenterPoint” today reported its second quarter 2024 earnings, reaffirmed its 2024 earnings guidance, and provided an update on its response to Hurricane Beryl, including the actions the...
NEW YORK & OSLO, Norway & NEWNAN, Ga.--(BUSINESS WIRE)--FREYR Battery (NYSE: FREY) (“FREYR”), a developer of next-generation battery cell production capacity, will publish a press release detailing second quarter 2024 results and conduct a conference c...
London, July 30, 2024, (Oilandgaspress) –– Chinese carmakers secured a record 11% of the European electric vehicle market in June, as buyers raced to beat EU tariffs on imported EVs that came into force this month. The figures, which include the UK, show that about 23,000...
London, July 30, 2024, (Oilandgaspress) –– TotalEnergies has signed an agreement with Scatec, a Norwegian renewable energy company, to acquire 100% of its subsidiary SN Power, which holds interests in renewable hydropower projects in Africa, through a joint venture (51% SN Power) with Norfund and...