Exxon Mobil has released its second quarter results for 2024 (Q2 2024), reporting a $9.2 billion profit, from $7.88 billion in the same period last year. This was driven by rising oil prices and the volume gains from its acquisition of shale oil firm Pioneer Natural Resources this year.
APA Corporation has released its financial and operational results for the second quarter of 2024 (Q2 2024), reporting an increase in net income attributable to common stock of $541 million, compared to $381 million in Q2 of 2023.
bp has announced profits of nearly $2.8 billion in the second quarter of 2024 (Q2 2024), surpassing analysts' forecasts by 9%, due to higher oil prices and solid retail earnings, which compensated for the impact of weak refining margins. It also reported a dividend increase and the continuation of its share repurchase program, following the release of its Q2 2024 results.
Shell has released its second quarter results for 2024, recording $7.7 billion in profit exceeding forecasts of $6.46 billion, a figure that pales in comparison to the $9.65 billion reported a year earlier.
Gas grid operator Enagas has received preliminary approval to start developing the Spanish section of a planned trans-European hydrogen pipeline and related infrastructure projects.
India is poised to increase its diesel and jet fuel exports to Singapore and Australia in July. The expected surge in shipments, ranging from 157,000 to 224,000 barrels per day (bbl/d), is the highest since end-2021 and early 2022 and represents a 30% increase from June's figures, according to Reuters.
Oman plans to develop an additional liquefied natural gas (LNG) train with a capacity of 3.8 million metric tons per annum (mtpa) at Qalhat Industrial Complex in the Wilayat of Sur, South A’Sharqiyah Governorate.
Baker Hughes has released its second quarter results for 2024, reporting 13% surge in revenues, amounting to $7.1 billion, up from $6.5 billion in the same period of the previous year.
TotalEnergies has announced its withdrawal from Blocks 11B and 12B off the southern coast of South Africa, in which its affiliate TotalEnergies EP South Africa has exited holds a 45% interest.
TechnipFMC has released its second quarter results of 2024, reporting $2.325.6 million in revenues, a 17.9% year-on-year (YoY) increase.
