TotalEnergies Q1 2026 net income jumps 48.7% to $5.8bn
TotalEnergies reported net income of $5.8bn for the first quarter of 2026 (Q1 2026), up 48.7% from $3.9bn a year…
30 Apr 2026
New episode: batteries and beyond, emerging energy storage solutions
Global power demand is accelerating, driven by electrification across transport and industry as well as the expansion of digital infrastructure. At the same time, intermittent clean energy like wind and solar are scaling rapidly, making…
29 Apr 2026
OKEA achieves 71% profit increase in Q1 2026
OKEA, a Norwegian Continental Shelf operator, has reported net profit of $36m (Nkr334.87m) in the first quarter of 2026 (Q1 2026), up by 71% from $21m in Q1 2025 and…
29 Apr 2026
M&P, NG Energy make gas discovery at Hechicero-1X well in Colombia
Etablissements Maurel & Prom (M&P) and NG Energy International (NGE) have reported the discovery of a new natural gas reservoir at the Hechicero-1X well in the Sinu-9 block in Colombia.…
29 Apr 2026
Petro Victory confirms 72m gas pay at SJ-12 well in São João field
Petro Victory Energy has identified 72m of gas pay within a 280m gross hydrocarbon interval at the 7-SJ-12DA-MA well (SJ-12) at its 100%-owned São João field in the Barreirinhas Basin,…
29 Apr 2026
UAE to quit OPEC, opening door to higher output outside quotas
The United Arab Emirates (UAE) has announced its decision to leave the Organisation of the Petroleum Exporting Countries (OPEC), effective 1 May 2026. This move significantly impacts OPEC's influence over…
29 Apr 2026
BP reports 453% surge in net profit to $3.8bn in Q1 2026
BP reported net profit attributable to its shareholders of $3.8bn for the first quarter of 2026 (Q1 2026), an increase of 453.1% from $687m in the same period of 2025.…