Aramco, Baoshan Iron & Steel Co., Ltd. (Baosteel),and the Public Investment Fund (PIF) have signed a shareholders’ agreement to establish an integrated steel plate manufacturing complex in the Kingdom of Saudi Arabia. Subject to customary regulatory approvals and closing conditions, the joint venture complex is expected...
ADNOC announced today that its world class low-carbon LNG growth project will move forward in the Al Ruwais Industrial City, Al Dhafrah, Abu Dhabi. As an operational hub for ADNOC and its operating companies, the selected location offers significant synergies and existing infrastructure that will...
MC20 Cielo stands out for its electrically retractable glass roof, the epitome of technology. Maserati is innovative by nature: Polymer-Dispersed Liquid Crystal (PDLC) technology makes it possible for the roof to be turned clear or opaque in an instant....
The ABB FIA Formula E World Championship heads into the second half of the season with the most prestigious race of the year. On 6 May, the Monaco E-Prix puts the innovative electric racing series in the spotlight of the motor racing world. The legendary...
Profit attributable to bp shareholders in the first quarter was $8.2 billion, compared with a loss of $20.4 billion in the same period of 2022.Underlying RC profit $5.0bn; Net debt reduced to $21.2bnFurther $1.75bn share buyback announcedDelivering resilient hydrocarbons - advancing two major projects; intention...
HAMILTON, Bermuda--(BUSINESS WIRE)--Valaris Limited (NYSE: VAL) (“Valaris” or the “Company”) announced today that ARO Drilling, its 50/50 joint venture with Saudi Aramco, has appointed Mohamed Hegazi as Chief Executive Officer, effective immediately. M...
HAMILTON, Bermuda--(BUSINESS WIRE)--Valaris Limited (NYSE: VAL) (“Valaris” or the “Company”) today issued a Fleet Status Report that provides the current status of the Company’s fleet of offshore drilling rigs along with certain contract information fo...
HAMILTON, Bermuda--(BUSINESS WIRE)--Valaris Limited (NYSE: VAL) ("Valaris" or the "Company") today reported first quarter 2023 results. President and Chief Executive Officer Anton Dibowitz said, “In the first quarter, we achieved strong revenue efficie...
LONG BEACH, Calif.--(BUSINESS WIRE)--California Resources Corporation (NYSE: CRC), an independent energy and carbon management company committed to energy transition, today reported first quarter 2023 operational and financial results. “We’re off to a ...
LONG BEACH, Calif.--(BUSINESS WIRE)--California Resources Corporation (NYSE: CRC) today announced a storage-only Carbon Dioxide Management Agreement (CDMA) between Carbon TerraVault Holdings, LLC (CTV), a subsidiary of CRC that provides services includ...
FERGUS FALLS, Minn.--(BUSINESS WIRE)--Otter Tail Corporation (Nasdaq: OTTR) today announced financial results for the quarter ended March 31, 2023. SUMMARY Compared to the quarter ended March 31, 2022: Consolidated operating revenues decreased 10% to ...
HOUSTON--(BUSINESS WIRE)--Black Stone Minerals, L.P. (NYSE: BSM) ("Black Stone Minerals," "Black Stone," or "the Company") today announces its financial and operating results for the first quarter of 2023. Financial and Operational Highlights Mineral ...