TAQA to sell certain Canadian assets to Blue Sky Resources
The assets to be divested include some light oil and natural gas-producing sites in Alberta and British Columbia.
News
HollyFrontier to acquire majority of Sinclair Oil’s assets for $2.6bn
One of the deals will lead to the creation of a downstream petroleum and renewable...
ConocoPhillips posts strong Q2 on higher prices and production
In the second quarter of 2021, ConocoPhillips’ reported earnings amounted to $2.1bn, or $1.55 a...
Jadestone acquires Malaysia’s SapuraOMV Upstream PM
Jadestone anticipates the SapuraOMV PM’s Peninsular Malaysia assets to increase its 2P reserves by 34%.
Eni makes oil discovery in Block 10 offshore Mexico
The discovery is estimated to hold resources between 150 and 200 million barrels of oil...
SSE to divest entire stake in Scotia Gas Networks for $1.7bn
Abu Dhabi Investment Authority will also divest its 16.7% stake in SGN to a Canadian consortium.
Eni swings back to profit in Q2 2021 as oil prices rebound
Eni’s adjusted net profit in the quarter was €929m driven by a robust performance of E&P business.
ExxonMobil Q2 profit surges to $4.7bn on higher oil prices
The company used higher cash flow from operating activities to reduce debt and aims for $6bn cost savings through 2023.
Chevron swings to Q2 profits of $3.1bn; in talks to partner with ONGC
Planning to reinstate share repurchases, the firm saw more than doubled sales and other operating revenues to $36.12bn.
TotalEnergies reports strong results in Q2 as fuel prices improve
TotalEnergies’ adjusted net income was $3.5bn in Q2 2021, compared to $126m in the prior year quarter.
Shell Q2 net income jumps to $3.4bn alongside LNG deal with Tellurian
The energy giant declared a dividend of 24 cents per share and also launched a $2bn share buyback programme.
