Edison has announced its financial results for the first quarter of 2024, recording revenues of €4 billion in addition to 12% increase in EBITDA and Net profit compared to the same period last year.
Aramco has announced its first quarter results of 2024 (Q1 2024), reporting net income of $27.3 billion, slightly lower than Q1 2023 that was $31.9 billion. This was primarily due lower oil prices and volumes sold.
CNOOC Limited has announced the start of production for the Bozhong 19-6 Gas Field 13-2 Block 5 Well Site Development Project.
ExxonMobil has completed the acquisition of Pioneer Natural Resources, doubling the company’s Permian production volume to 1.3 million barrels of oil equivalent per day (mboe/d), based on 2023 volumes, and is expected to increase to approximately 2 mboe/d in 2027, based on initial estimates.
QatarEnergy has signed long-term time charter party (TCP) agreements with three Chinese ship owners. These agreements will cover the operation of nine new, ultra-modern LNG vessels, aimed to increase QatarEnergy's LNG production capacity from the North Field to 142 million tons per annum (mtpa) by 2030.
APA Corporation has announced its first-quarter 2024 financial and operational results, reporting a net income attributable to common stock of $132 million, or $0.44 per diluted share, compared to $0.78 a year ago.
Lightsource bp, a British solar energy company, is gearing up to build a massive 560-megawatt solar park in central Greece. This €395 million project will be financed through loans from the European Union's National Recovery and Resilience Plan Greece 2.0 and from Eurobank, According to Balkan Green Energy News.
Canada's long-delayed Trans Mountain oil pipeline has commenced operations, after 12 years and a C$34 billion investment.
Hydrom, Oman's green hydrogen orchestrator, has announced the signing of two green hydrogen projects in Dhofar, totaling a $11 billion investment. These agreements follow the successful second round of Hydrom auctions, positioning Oman to achieve a hydrogen production capacity of 1 to 1.5 million tons per year (mtpa) by 2030.
Marathon Oil has announced its first quarter results of 2024, beating profit estimates, due to higher oil and liquefied natural gas (LNG) pricing.
