WTI for September delivery dropped $4.73 to settle at $93.89 a barrel in New YorkBrent for October settlement declined $9.98 to settle at $100.03 a barrel Oil and Natural Gas Corp. Ltd (ONGC), has signed an agreement with renewables major Greenko to undertake renewable energy, green...
Saudi Arabian Oil Company (“Aramco”) announced the signing of an equity purchase agreement to acquire Valvoline Inc. (NYSE: VVV) global products business (“Valvoline Global Products” or “VGP”) for US$2.65 billion. The transaction is subject to certain customary adjustments set forth in the equity purchase agreement. Valvoline...
Mexico’s ultra-low-cost airline, Viva Aerobus took its first flight powered by sustainable aviation fuel (SAF) from Los Angeles to Guadalajara on June 15. The uplift was made possible by the partnership between Avfuel and Neste. The fueling milestone positions Viva Aerobus as a Mexican...
bp and Eni confirmed that Azule Energy, the new 50/50 independent joint venture combining the two companies’ Angolan businesses, has been officially established. Azule Energy is now Angola’s largest independent equity producer of oil and gas, holding 2 billion barrels equivalent of net resources and growing...
TechnipFMC has been awarded a significant contract by ExxonMobil affiliate, Esso Exploration and Production Guyana Limited, for the Gas to Energy Project in Guyana. Subject to final project sanction, TechnipFMC will provide engineering, procurement, construction and installation of subsea risers and pipelines. The project will connect...
Continued Strong Operational Performance – 97% Revenue Efficiency in 2Q 2022 Four Floater Reactivation Projects Completed in Advance of Multi-Year Contracts Approximately $560 Million of Contract Backlog Added Stacked Drillship VALARIS DS-17 Awarded 5...
FERGUS FALLS, Minn.--(BUSINESS WIRE)--Otter Tail Corporation (Nasdaq: OTTR) today announced financial results for the quarter ended June 30, 2022. SUMMARY Compared to the quarter ended June 30, 2021: Consolidated operating revenues increased 40% to...
NORTH ANDOVER, Mass.--(BUSINESS WIRE)--Watts Water Technologies, Inc. (NYSE: WTS) today declared that the Corporation will pay a quarterly dividend of thirty cents ($0.30) per share on each outstanding share of the Company’s Class A Common Stock and Cl...
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 second quarter of 2022 and updated earnings call information. Financ...
Second Quarter 2022 Highlights Net income of $8.3 million, or $0.16 per diluted Class A share, for the quarter ended June 30, 2022; Adjusted pro forma net income of $9.4 million, or $0.20 per fully diluted share for the quarter ended June 30, 2022 ...
HOUSTON--(BUSINESS WIRE)--Orion Engineered Carbons (NYSE: OEC), a global specialty chemicals company, today released its 2021 Sustainability Report, showcasing progress the company is making in implementing its sustainability strategy with initiatives ...
$0.18 per share decrease in recorded second quarter consolidated diluted EPS compared to second quarter of 2021, or $0.02 per share increase as adjusted Quarter results reflect an unfavorable variance of $0.10 per share from losses on investments...