TotalEnergies records a 22% decline in Q1 2024 adjusted net income
French energy company TotalEnergies reported a 22% decline in Q1 2024 adjusted net income to $5.1bn on Friday. Higher refining…
26 Apr 2024
CNOOC net profit soars nearly 24% to $5.48bn in Q1
CNOOC has reported a net profit attributable to equity shareholders of 39.71bn yuan for the first quarter of 2024 (Q1 2024), a surge of 23.7% over 32.11bn yuan reported a…
26 Apr 2024
“A bumpy ride” for cybersecurity as AI poses new threats – GlobalData report
AI-led attacks mean that the cybersecurity sector is in for “a bumpy ride for the next two to three years”, according to GlobalData’s new cybersecurity report. The report states that…
26 Apr 2024
Equinor targets LNG trading growth in Europe and Asia
Equinor is looking to scale up its LNG trading activities, reported Reuters, citing a senior company executive. The Norwegian oil and gas company is also engaging with potential clients in…
26 Apr 2024
Oil giant Aramco announces global partnership with FIFA
Saudi Arabia's oil and gas giant Aramco has entered into a global partnership with world football governing body FIFA. Aramco has become FIFA's Major Worldwide Partner exclusively in the energy…
25 Apr 2024
Sinopec to conduct feasibility study for new refinery in Sri Lanka
Chinese energy giant Sinopec is advancing its global strategy as it seeks to establish its first fully controlled overseas refinery in Sri Lanka, reported Reuters. The company is expected to…
25 Apr 2024
Equinor records sharp fall in Q1 2024 results, cites lower gas prices
Norwegian petroleum refining company Equinor published its quarterly results on Thursday, reporting a 38.96% decline in Q1 2024 net operating income to $7.63bn (Nkr83.51bn). The decline was primarily attributed to…