Record First Quarter Earnings Per Share of $1.33 and Record First Quarter Adjusted Earnings Per Share of $1.62, Up 13% Over 2021 Record First Quarter Segment Margins of 18.8%, 110 Basis Points Above the First Quarter of 2021 10% Organic Sales G...
Chevron U.S.A., Inc. (“Chevron”), through its Chevron New Energies division, Talos Energy Inc. (NYSE: TALO) (“Talos”), through its Talos Low Carbon Solutions division, and Carbonvert, Inc. (“Carbonvert”) announced today a memorandum of understanding (“MOU”) for an expanded joint venture to develop the Bayou Bend CCS...
Reported loss for the quarter was $20.4 billion, compared with a profit of $2.3 billion for the fourth quarter 2021. The reported result includes adjusting items* before tax of $30.8 billion. Adjusting items include pre-tax charges of $24.0 billion and $1.5 billion as a result...
bp intends to invest up to £18 billion in the UK’s energy system by the end of 2030, demonstrating bp’s firm commitment to the UK, and helping the country to deliver on its bold ambitions to boost energy security and reach net zero. As one of...
HOUSTON--(BUSINESS WIRE)--#EFMS--Rawabi Vallianz Offshore Services (RVOS) has chosen to outfit its entire fleet of vessels with the FUELTRAX Electronic Fuel Management System (EFMS) to ensure accurate fuel usage transparency and emissions tracking. RV...
Russian invasion of Ukraine continues to put further strain on the economic recovery in the European region which now must quickly adapt by reducing its heavy dependency on Russian energy resources, while implementing the ambitious decarbonization plans and increasing its indigenous military capabilities.------------------------------------------------------------------------------------------- Nel ASA (Nel,...
Continued Strong Operational Performance – 99% Revenue Efficiency in 1Q 2022 Four Floater Reactivation Projects in Progress for Contracts Expected to Commence in 2Q 2022 Drillship VALARIS DS-12 Awarded Contract Offshore West Africa Jackups VALARIS 113...
Combined company expected to have enterprise value of approximately $1.9 billion; will commence trading on the New York Stock Exchange under ticker symbols “SMR” and “SMR WS” May 3, 2022 Transaction provides approximately $380 million in gross procee...
HAMILTON, Bermuda--(BUSINESS WIRE)--Valaris Limited (NYSE: VAL) (“Valaris” or the “Company”) today issued a quarterly Fleet Status Report that provides the current status of the Company’s fleet of offshore drilling rigs along with certain contract info...
Request reinforces company’s commitment to providing safe, reliable and affordable water and wastewater service SAN DIEGO--(BUSINESS WIRE)--California American Water today submitted a proposed application for a rate adjustment in each of its service a...
CALGARY, Alberta--(BUSINESS WIRE)--Imperial Oil Limited (TSE: IMO, NYSE American: IMO) announced today the terms of its substantial issuer bid (the “Offer”) pursuant to which the company will offer to purchase for cancellation up to $2,500,000,000 of i...
FERGUS FALLS, Minn.--(BUSINESS WIRE)--Otter Tail Corporation (Nasdaq: OTTR) today announced financial results for the quarter ended March 31, 2022. SUMMARY Compared to the quarter ended March 31, 2021: Consolidated operating revenues increased 43% ...