Exploration & Production

Auto Added by WPeMatico

EOG Resources Reports Second Quarter 2025 Results and Updates 2025 Guidance

EOG Resources, Inc. (EOG) today reported second quarter 2025 results and updated its 2025 guidance. The attached supplemental financial tables and schedules for the reconciliation of non-GAAP measures to GAAP measures and related definitions and discussion, along with a related presentation, are also available on EOG’s website at http://investors.eogresources.com/investors. Key Financial Results In millions of USD, …

EOG Resources Reports Second Quarter 2025 Results and Updates 2025 Guidance Read More »

Record Production at Exxon and Chevron Humbles European Rivals: Ron Bousso 

*Exxon, Chevron oil and gas production hit record in Q2 *Shell production drops to lowest in at least 20 years, BP’s drops from year ago *European majors hope to close a valuation gap with US rivals By Ron Bousso LONDON, Aug 5 – When playing catch up, picking up the pace may not be enough. One also has …

Record Production at Exxon and Chevron Humbles European Rivals: Ron Bousso  Read More »

Viper Energy, Inc., a Subsidiary of Diamondback Energy, Inc., Reports Second Quarter 2025 Financial and Operating Results

MIDLAND, Texas, Aug. 04, 2025 (GLOBE NEWSWIRE) — Viper Energy, Inc., (NASDAQ:VNOM) (“Viper” or the “Company”), a subsidiary of Diamondback Energy, Inc. (NASDAQ:FANG) (“Diamondback”), today announced financial and operating results for the second quarter ended June 30, 2025. SECOND QUARTER HIGHLIGHTS Q2 2025 average production of 41,615 bo/d (79,286 boe/d) Q2 2025 consolidated net income …

Viper Energy, Inc., a Subsidiary of Diamondback Energy, Inc., Reports Second Quarter 2025 Financial and Operating Results Read More »

Archrock Reports Second Quarter 2025 Results and Raises 2025 Financial Guidance

HOUSTON, Aug. 04, 2025 (GLOBE NEWSWIRE) — Archrock, Inc. (NYSE: AROC) (“Archrock” or the “Company”) today reported results for the second quarter 2025. Second Quarter 2025 and Recent Highlights Revenue for the second quarter of 2025 was $383.2 million compared to $270.5 million in the second quarter of 2024. Net income for the second quarter …

Archrock Reports Second Quarter 2025 Results and Raises 2025 Financial Guidance Read More »

Diamondback Energy, Inc. Announces Second Quarter 2025 Financial and Operating Results

MIDLAND, Texas, Aug. 04, 2025 (GLOBE NEWSWIRE) — Diamondback Energy, Inc. (NASDAQ: FANG) (“Diamondback” or the “Company”) today announced financial and operating results for the second quarter ended June 30, 2025. SECOND QUARTER 2025 AND RECENT HIGHLIGHTS Average oil production of 495.7 MBO/d (919.9 MBOE/d) Net cash provided by operating activities of $1.7 billion; Operating Cash …

Diamondback Energy, Inc. Announces Second Quarter 2025 Financial and Operating Results Read More »

BP Strikes Major Oil Discovery Offshore Brazil, Its Largest in Decades

(Reuters) – BP said on Monday it has made its largest oil and gas discovery in 25 years in Brazil’s Santos basin, a so-called pre-salt area in deep water offshore which is believed to be a large reservoir of oil and gas. BP returned its focus to fossil fuels last year to regain investor confidence and revive …

BP Strikes Major Oil Discovery Offshore Brazil, Its Largest in Decades Read More »

OPEC+ Agrees in Principle to Another Large Oil Output Hike, Sources Say

Summary Sept hike of 548,000 bpd agreed, sources say ahead of meeting Virtual meeting starts at 1100 GMT on Sunday Oil supported by US demands for India to stop buying Russian oil (Reuters) – OPEC+ has reached a preliminary deal to increase oil production by 548,000 barrels per day from September, three sources said on …

OPEC+ Agrees in Principle to Another Large Oil Output Hike, Sources Say Read More »

Chevron Tells Hess Staff to Focus on Safety as They Await Job Updates

(Reuters) – Chevron  leaders told Hess employees to stay focused on safe operations and that they will hear next week if they will continue to have jobs following the oil producer’s acquisition, according to two Hess employees who spoke with Reuters. Chevron, the second-largest U.S. oil producer, closed its $55 billion acquisition of Hess on Friday after prevailing …

Chevron Tells Hess Staff to Focus on Safety as They Await Job Updates Read More »

CW Petroleum Corp (OTCQB: CWPE) Reports Revenues for Q2-2025

Katy, Texas, July 22, 2025 (GLOBE NEWSWIRE) — CW Petroleum Corp (OTCQB: CWPE) (the “Company”), a leading provider of Specialty Renewable and Hydrocarbon Motor Fuels, today announces to its investors and future investors unaudited financial results for Q2-2025. Key Financial Highlights for Three Months Ended June 30, 2025, Compared to Prior Year Period: 2025 Revenues …

CW Petroleum Corp (OTCQB: CWPE) Reports Revenues for Q2-2025 Read More »

Shell Says Weak Oil and Gas Trade Hit Second-Quarter Profit

Shell Plc expects second-quarter results to be negatively impacted by a weaker performance from its oil and gas trading operation, with earnings from the division expected to be “significantly lower” quarter-on-quarter. The company’s shares declined to a four-week low following the announcement, with European peers BP Plc and TotalEnergies SE also falling. Shell’s trading update …

Shell Says Weak Oil and Gas Trade Hit Second-Quarter Profit Read More »