Aker BP hits new production record during ‘very strong’ quarter
Bosses at Aker BP (OSLO: AKER BP) are toasting a “very strong” second quarter in which the company produced more oil and gas, at a lower cost.
Q2 Results
Petrofac expects E&C losses in H2 despite growing order book
Petrofac (LON: PFC) has warned of losses from “onerous” contracts in its Engineering and Construction division (E&C) in its upcoming half-year results.
CNR International announces ‘special dividend’ as oil profits continue swell
North Sea operator CNR International is poised to hand millions of dollars back to shareholders after a bountiful start to the year.
Update: Exxon, Chevron score record profits as markets convulse
Exxon Mobil and Chevron posted their highest-ever profits, reaping the rewards from surging commodity prices amid supply disruptions and rising demand.
Oil giant Shell ups share buyback scheme after posting profits of $36.9bn
Oil giant Shell has marked a second quarter of record financial results by rapdily accelerating its share buyback programme.
Shell expected to report ‘another monster set’ of financials with Q2 results due tomorrow
Supermajor Shell (LON: SHEL) has been backed to replicate the eye-watering profits it reported earlier this year.
Fugro returns to growth for first time since pandemic began
Dutch geo-services firm Fugro has returned to growth for the first time since the outbreak of the pandemic last year.
Shell shareholders to reap rewards of upsurge in oil price
Shell shareholders are in line to reap the rewards of the upturn in the oil price after the company confirmed it would be boosting returns.
Shell nears finishing line with $30billion divestment programme
Shell has completed more than 80% of its $30billion divestment programme.
Total CEO: ‘excellent Q2 results’
Total's adjusted net Q2 income has gone up by 14% compared to the same period last year.
Russia’s Novatek net profit up 31% to $700M
Novatek, Russia's No. 2 gas producer, made second-quarter net profit of 41.9 billion roubles ($703 million), up 31 percent year-on-year on stronger sales, it said on Wednesday. Analysts had expected the firm to post 38 billion roubles in quarterly net profit. The company said its revenues were at 112.2 billion roubles, up from 88.4 billion roubles in the same period last year.