Ithaca Energy, a leading UK independent production and growth company, today provides the following unaudited trading update for the year ended 31 December 2025. Operational Highlights: Strong 2025 production: Average production of 119 kboe/d (2024: 80 kboe/d) in-line with previously upgraded guidance of 119-125 kboe/d and notwithstanding unprecedented...
(Oilandgaspress) -] – Vestas achieved revenue of EUR 18,822m (outlook: EUR 18.5-19.5bn), with an EBIT margin before special items of 5.7 percent (outlook: 5-6 percent), and total investments of EUR 1,251m (outlook: approx. EUR 1.2bn). The value of the combined order backlog across Power Solutions...
(Oilandgaspress) -] – The Board of Directors of Vestas Wind Systems A/S has decided to initiate a share buy-back programme of up to DKK 1,120m (approx. EUR 150m).The share buy-back programme is initiated pursuant to the authorisation granted to the Board of Directors by the...
(Oilandgaspress) -] – QuantumScape Corporation, a global leader in next-generation solid-state lithium-metal battery technology, today celebrated the inauguration of its newly installed Eagle Line at its facility in San Jose. The event was attended by automotive OEM customers, QS ecosystem partners and government officials, and...
(Oilandgaspress) -] – BW Energy delivered strong operational performance in the fourth quarter and for the full year 2025, reflected in record high annual production, competitive cost levels and good execution on the development projects, which are expected to deliver industry-leading organic growth in coming...
(Oilandgaspress) -] – DNO ASA, the Norwegian oil and gas operator, today announced that pursuant to the authorization granted at the Annual General Meeting held on 5 June 2025, the Board of Directors has approved a dividend payment of NOK 0.375 per share to be...
(Oilandgaspress) -] – DNO ASA reported a year-on-year doubling of revenues to USD 1,474 million in 2025, boosted by the June acquisition of Sval Energi Group AS in Norway. Cash from operations also more than doubled to USD 929 million, while operating profit increased to...
(Oilandgaspress) -] Neste's full-year 2025 revenue totaled EUR 19,016 (20,635) million. Lower prices reduced revenue by EUR -1.2 billion. This was compensated by volume increases in both Renewable Products and Oil Products that resulted in EUR 2.0 billion positive impact. Currency exchange rates together with...
(Oilandgaspress) -] Q4 2025 Adjusted Earnings1 of $3.3 billion and CFFO of $9.4 billion, supported by strong operational performance in Upstream and Integrated Gas in a lower price environment, offset by year-end movements.. Resilient CFFO of $42.9 billion for the full year of 2025. Shareholder distributions...
(Oilandgaspress) -] TotalEnergies and Airbus, a leading aircraft manufacturer, have signed two clean firm power contracts to supply 3.3 TWh to all major Airbus sites located in Germany and the United Kingdom. The electricity supplied to Airbus into the next decade will have a baseload profile...
(Oilandgaspress) -] Between January 1 and 14, Changqing Oilfield maintained average daily gas output of 158 million cubic meters (mcm). Output on January 4 alone surpassed 160 mcm, setting a new record for the critical winter supply season and ensuring a stable gas supply to...
(Oilandgaspress) The recent signing of the low-carbon dispatchable CfD agreement is recognition of the important role that Drax Power Station will continue to play for UK energy security into the 2030s. Moving forwards, we’re focused on driving growth in our flexible generation business, creating new options...