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Chevron Fourth Quarter, Full Year 2022 Results
Chevron Corp. reported its fourth quarter and full year 2022 results. Chevron reported earnings of $6.4 billion ($3.33 per share - diluted) for fourth quarter 2022, compared with…
Civitas Resources Third Quarter 2022 Results
Civitas Resources, Inc. announced its third quarter 2022 financial and operating results. Third Quarter 2022 Highlights: Average daily sales volumes of 176.3 thousand barrels of oil equivalent per…
Murphy Oil Third Quarter 2022 Results
Murphy Oil Corp. announced its financial and operating results for the third quarter 2022. Murphy reported net income attributable to Murphy of $528 million, or $3.36 per diluted…
California Resources Third Quarter 2022 Results
California Resources Corp. reported third quarter 2022 operational and financial results. Mac McFarland, CRC's President and Chief Executive Officer, said: "CRC's strong financial performance, coupled with our consistent…
Coterra Energy Third Quarter 2022 Results
Coterra Energy Inc. reported third-quarter 2022 financial and operating results. Thomas E. Jorden, Chief Executive Officer and President, commented, "Coterra continues to execute and has delivered another strong…
Europe News
Halliburton First Quarter 2022 Results; Revenue by Region, Call Highlights
Halliburton Co. reported its first quarter 2022 results. Quarterly Revenue by Region U.S. revenue was up $100 million from the previous quarter, while International dipped by $100 million.…
TotalEnergies Will Make No New Investments in Russia
TotalEnergies will be making no new investments in Russia due to the country's invasion of Ukraine, but fell short of cancelling existing agreements and projects in the region.…
Equinor to Exit Russian JVs, Halt New Investments in Country
Equinor's Board of Directors has decided to stop new investments into Russia, and to start the process of exiting Equinor’s Russian Joint Ventures. Anders Opedal, President and CEO…
Citing Ukraine Invasion, BP to Dump 19.75% Stake in Rosneft, Exit Board
The BP board has announced that BP will exit its shareholding in Rosneft. BP has held a 19.75% shareholding in Rosneft since 2013. Additionally, BP chief executive officer…
Exxon Partners for Carbon Capture Project in Scotland
ExxonMobil has signed a Memorandum of Understanding to participate in the recently announced Acorn carbon capture and storage project (CCS) in Scotland. The project plans to capture and…