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Exxon CEO Darren Woods: Hydrogen Incentives ‘Critical’ for Now
Exxon Mobil CEO Darren Woods said the end goal for energy policy should be a system in which no fuel source remains dependent on government subsidies.
Murphy Shares Drop on 4Q Miss, but ’25 Plans Show Promise
Murphy Oil’s fourth-quarter 2024 output missed analysts’ expectations, but analysts see upside with a robust Eagle Ford Shale drilling program and the international E&P’s discovery offshore Vietnam.
Not Sweating DeepSeek: Exxon, Chevron Plow Ahead on Data Center Power
The launch of the energy-efficient DeepSeek chatbot roiled tech and power markets in late January. But supermajors Exxon Mobil and Chevron continue to field intense demand for data-center power supply, driven by AI technology customers.
Hess Corp. Bucks E&P Trend, Grows Bakken Production by 7%
Hess Corp. “continues to make the most of its independent status,” delivering earnings driven by higher crude production and lower operating costs, an analyst said.
The Latest
Exxon CEO Darren Woods: Hydrogen Incentives ‘Critical’ for Now
Exxon Mobil CEO Darren Woods said the end goal for energy policy should be a system in which no fuel source remains dependent on government subsidies.
Murphy Shares Drop on 4Q Miss, but ’25 Plans Show Promise
Murphy Oil’s fourth-quarter 2024 output missed analysts’ expectations, but analysts see upside with a robust Eagle Ford Shale drilling program and the international E&P’s discovery offshore Vietnam.
Not Sweating DeepSeek: Exxon, Chevron Plow Ahead on Data Center Power
The launch of the energy-efficient DeepSeek chatbot roiled tech and power markets in late January. But supermajors Exxon Mobil and Chevron continue to field intense demand for data-center power supply, driven by AI technology customers.
Hess Corp. Bucks E&P Trend, Grows Bakken Production by 7%
Hess Corp. “continues to make the most of its independent status,” delivering earnings driven by higher crude production and lower operating costs, an analyst said.
NextEra Energy, GE Vernova Partner to Bolster US Grid
The CEO of NextEra Energy, which has entered a partnership with GE Vernova, said natural gas, renewables and nuclear energy will be needed to meet rising power demand.
Kinder Morgan to Build $1.7B Texas Pipeline to Serve LNG Sector
Kinder Morgan said the 216-mile project will originate in Katy, Texas, and move gas volumes to the Gulf Coast’s LNG and industrial corridor beginning in 2027.
Halliburton Sees Strong Adoption of New Oilfield Tech Offerings
Halliburton Co.’s Zeus e-fracs, Octiv auto-fracs and the Sensori monitoring platform are setting the stage for long-term growth, CEO Jeff Miller says.
SLB’s Big Boost from Digital Offsets Flat Trends in Oil, E&P
SLB’s digital revenue grew 20% in 2024 as customers continue to adopt the company's digital products, artificial intelligence and cloud computing.
Dividends Declared Week of Jan. 13
With 2024 year-end earnings season underway, here is a compilation of dividends declared from select upstream, midstream and downstream companies.
EON Resources Postpones Annual Meeting to December
EON Resources is putting off its annual stockholders meeting in anticipation of not having a sufficient number of shares of its common stock represented by the original deadline.