Chevron Corporation reported earnings of $2.2 billion ($1.11 per share - diluted) for first quarter 2026, compared with $3.5 billion ($2.00 per share -diluted) in first quarter 2025. Included in the quarter was a net loss of $360 million related to a legal reserve. Foreign...
(Oilandgaspress) -– In FY25, Ingka Group, the largest IKEA retailer, matched 94.8% of its annual electricity consumption with renewable sources, through a three-tier model spanning on-site generation, owned wind and solar assets, and energy certificates. Moving forward, the company will continue to focus on increasing...
(Oilandgaspress) -– Occidental announced results for the first quarter of 2026, including net income attributable to common stockholders of $3.2 billion, or earnings per diluted share (EPS) of $3.13, and adjusted income from continuing operations attributable to common stockholders of $1.1 billion, or adjusted...
(Oilandgaspress) -– KBR announced its Mission Technology Solutions division has been awarded two firm-fixed-price task orders under the Air Force Contract Augmentation Program (AFCAP) V to provide transient aircraft services across Southwest Asia and dining facility services at Al Dhafra Air Base, United Arab Emirates...
(Oilandgaspress) -– Plenitude today published its 2025 Statutory Financial Statements , together with the Sustainability Report and Impact Report. Over the past year, Plenitude has confirmed its growth trajectory by further strengthening an integrated business model capable of combining economic development with the energy transition. Compared...
(Oilandgaspress) -– TZ is a new BEV three‑row SUV designed around the concept of the Driving Lounge―an elevated mobility space that brings a smile to every passenger. It seamlessly blends a relaxing cabin environment with the dynamic driving performance characteristic of Lexus. By balancing driving...
(Oilandgaspress) -–DNO ASA reported strong first-quarter results driven by record North Sea production and sharply higher March oil and gas prices. Operating profit surged 60 percent quarter-on-quarter to USD 284 million on revenues of USD 627 million, up 30 percent. Net profit for the period...
(Oilandgaspress) -–Saab has launched its new anti-tank ammunition round for the Carl-Gustaf weapon during a live firing customer demonstration in May at Karlskoga, Sweden.The new round, designated HEAT 758, has been designed to defeat heavy armoured vehicles equipped with Explosive Reactive Armour (ERA). Vehicles protected...
(Oilandgaspress) -–Reference is made to the stock exchange announcement made by Dolphin Drilling AS on 15 April 2026 regarding the private placement of new shares in the Company, raising gross proceeds of the NOK equivalent of approximately USD 62.5 million (the "Private Placement"). The Company's...
(Oilandgaspress) -– The TRATON GROUP successfully placed its debut Green Bond on the capital market with a volume of €500 million, a maturity of 5.5 years, and a fixed coupon of 3.875%. The transaction represents the first Green Bond issued under the new TRATON Green...
(Oilandgaspress) -– Reported Q1 2026 Adjusted Earnings of $6.9 billion reflect strong performance across the business. CFFO excluding working capital was $17.2 billion for the quarter. Working capital outflow of $11.2 billion in Q1 2026 reflects impact of unprecedented volatility in commodity prices. Strong operational performance...
(Oilandgaspress) -– Eni announces that the Geliga‑1 discovery has been successfully tested. A Drill Stem Test (DST) was carried out, confirming outstanding reservoir productivity. Test results demonstrate high deliverability, further strengthening the strategic potential of Indonesia’s Kutei Basin and supporting accelerated development options leveraging existing...