Business , Earnings , Digital Oilfield

SLB Beats Expectations with Strong Q4 Earnings

SLB relies on upswings from its digital unit, along with its offshore and Middle East operations, to spur a 13% jump in quarterly earnings, although some analysts were underwhelmed by the company's free cash flow.

January 20, 2023

Earnings , Exploration & Production , Crude Oil

Guyana Projects State Oil Revenue to Hit $1.63 Billion This Year

Guyana's finance minster called 2022 "a major year of exploration" for the country.

January 17, 2023


Ares Management Raises $5 Billion of Infrastructure Debt Capital

Ares' fund targets investments across the digital, utilities, renewables, energy and transportation sectors.

January 11, 2023

Earnings , Exploration & Production , Liquefied Natural Gas

Shell LNG Trading Provides Quarterly Boost Despite Output Drop

Shell will be releasing its full-year financial and operational results on Feb. 2.

January 6, 2023


Exxon Signals Strong Q4 Profit to Drive Annual Record

Preliminary operational results confirmed that 2022 was Exxon Mobil's best financial year, the company reported, with profits nearing $58 billion.

January 5, 2023

Business , Earnings

SM Energy Announces Quarterly Dividends

SM Energy Co.’s board of directors approved a quarterly cash dividend of $0.15 per share of common stock outstanding, the company said Dec. 29.

December 30, 2022

Investment , Earnings

Colombia's Ecopetrol to Invest up to $6.2 Billion in 2023

"Ecopetrol's operational and commercial figures in 2022 show an outstanding performance, which supports historical financial results," Ecopetrol's Felipe Bayon said in a statement.

December 9, 2022


Kinder Morgan Sees Higher 2023 Adjusted Core Earnings on Strong Demand

"We expect 2023 to be another very good year for Kinder Morgan, with strong market fundamentals, continued robust growth in demand," Kinder Morgan CEO Steve Kean said.

December 8, 2022

Earnings , Exploration & Production

PDC Energy Declares Special and Cash Dividends

PDC Energy declared a special dividend of $0.65 per share in addition to a quarterly cash dividend of $0.35 per share, the company announced Dec. 7.

December 8, 2022

Earnings , Construction , Pipelines

TC Energy Sees Higher Costs for Coastal Gaslink Pipeline in 2023

Long-delayed natural gas pipeline’s costs to exceed current $7 billion estimate, company says.

November 29, 2022