Marathon Petroleum reported a net loss in Q1 2025 due to a major maintenance programme, while its midstream unit supported results with an 8% rise in adjusted EBITDA.
Marathon Petroleum reported a net loss in Q1 2025 due to a major maintenance programme, while its midstream unit supported results with an 8% rise in adjusted EBITDA.
US distributor Sunoco will acquire Canada's Parkland for $9.1bn, including debt, in a mixed transaction and form a separate listed entity, SUNCorp, whose shares will be treated as corporate stock for tax purposes.
US distributor Sunoco will acquire Canada's Parkland for $9.1bn, including debt, in a mixed transaction and form a separate listed entity, SUNCorp, whose shares will be treated as corporate stock for tax purposes.
Shell announced the appointment of Colette Hirstius as President of Shell USA starting August 1, succeeding Gretchen Watkins after seven years in the role.
Shell announced the appointment of Colette Hirstius as President of Shell USA starting August 1, succeeding Gretchen Watkins after seven years in the role.
Falling refining margins and weaker oil prices weighed on ExxonMobil’s Q1 results, while the group now expects $3bn in annual synergies from its acquisition of Pioneer.
Falling refining margins and weaker oil prices weighed on ExxonMobil’s Q1 results, while the group now expects $3bn in annual synergies from its acquisition of Pioneer.
Innergex shareholders validated the company’s full acquisition by Caisse de dépôt et placement du Québec for a total amount close to $1.8bn, pending final judicial and regulatory approvals.
Innergex shareholders validated the company’s full acquisition by Caisse de dépôt et placement du Québec for a total amount close to $1.8bn, pending final judicial and regulatory approvals.
Chevron reports a sharp decline in quarterly results, impacted by weak refining margins, stable production and exceptional charges in the United States and the United Kingdom.
Chevron reports a sharp decline in quarterly results, impacted by weak refining margins, stable production and exceptional charges in the United States and the United Kingdom.
Shell plc recorded a net profit of $4.8bn in the first quarter of 2025, down 35%, but above analyst expectations, supported by solid operational performance and a new share buyback programme.
Shell plc recorded a net profit of $4.8bn in the first quarter of 2025, down 35%, but above analyst expectations, supported by solid operational performance and a new share buyback programme.
Prospera Energy closed fiscal year 2024 with a notable increase in revenue and a strategic reorganisation of its assets, while reinforcing its performance on the financial market.
Prospera Energy closed fiscal year 2024 with a notable increase in revenue and a strategic reorganisation of its assets, while reinforcing its performance on the financial market.
Voltalia’s revenue rose by 2% in the first quarter of 2025, driven by third-party services, while energy production reached 1.1 terawatt-hours due to improved resources in Brazil.
Voltalia’s revenue rose by 2% in the first quarter of 2025, driven by third-party services, while energy production reached 1.1 terawatt-hours due to improved resources in Brazil.
Brookfield Infrastructure raised $1.6bn in the first quarter of 2025 by completing multiple asset sales while reporting a 5% increase in funds from operations.
Brookfield Infrastructure raised $1.6bn in the first quarter of 2025 by completing multiple asset sales while reporting a 5% increase in funds from operations.
Technip Energies posted a double-digit growth in Q1 2025, supported by a record order backlog of €18.2bn ($19.46bn), despite regulatory uncertainties in the United States.
Technip Energies posted a double-digit growth in Q1 2025, supported by a record order backlog of €18.2bn ($19.46bn), despite regulatory uncertainties in the United States.
Spanish group Iberdrola saw its net profit fall in the first quarter despite a moderate revenue increase, impacted by an unfavourable base effect linked to the 2024 asset sale in Mexico.
Spanish group Iberdrola saw its net profit fall in the first quarter despite a moderate revenue increase, impacted by an unfavourable base effect linked to the 2024 asset sale in Mexico.
The Exeltium consortium, composed of 24 electro-intensive industrial firms, seeks to finalise a new power supply deal with EDF before summer to succeed the original Exeltium 1 agreement.
The Exeltium consortium, composed of 24 electro-intensive industrial firms, seeks to finalise a new power supply deal with EDF before summer to succeed the original Exeltium 1 agreement.
Atlantic Petroleum signed a conditional agreement to reduce its debt by at least DKK90mn ($12.8mn), while posting a modest net profit of DKK1.4mn marks a return to financial balance.
Atlantic Petroleum signed a conditional agreement to reduce its debt by at least DKK90mn ($12.8mn), while posting a modest net profit of DKK1.4mn marks a return to financial balance.
Neoenergia sells 50% of the Itabapoana Transmission asset to GIC for $24.8mn, integrating the assets into their joint holding company without changing their shareholding structure.
Neoenergia sells 50% of the Itabapoana Transmission asset to GIC for $24.8mn, integrating the assets into their joint holding company without changing their shareholding structure.
Galp recorded a net profit of €192mn in the first quarter of 2025, down 41% year-on-year, while ramping up investments in oil exploration and renewable energy projects in Namibia, Brazil and Portugal.
Galp recorded a net profit of €192mn in the first quarter of 2025, down 41% year-on-year, while ramping up investments in oil exploration and renewable energy projects in Namibia, Brazil and Portugal.
Reliance Industries is committing $18 billion to expand its new energy and petrochemical projects, with major industrial infrastructures under construction in India.
Reliance Industries is committing $18 billion to expand its new energy and petrochemical projects, with major industrial infrastructures under construction in India.
Spire Inc. announced the immediate appointment of Scott Doyle as president and chief executive officer and member of the Board of Directors, succeeding Steve Lindsey.
Spire Inc. announced the immediate appointment of Scott Doyle as president and chief executive officer and member of the Board of Directors, succeeding Steve Lindsey.
Electricity network operator Enedis has initiated disciplinary proceedings against nine employees and filed a new complaint with the National Financial Prosecutor's Office amid an investigation into false invoicing.
Electricity network operator Enedis has initiated disciplinary proceedings against nine employees and filed a new complaint with the National Financial Prosecutor's Office amid an investigation into false invoicing.
SBM Offshore announces the launch of its €141 million ($150 million USD) share repurchase program, following the completion of the €130 million program, as part of its strategy to reduce capital and support employee programs.
SBM Offshore announces the launch of its €141 million ($150 million USD) share repurchase program, following the completion of the €130 million program, as part of its strategy to reduce capital and support employee programs.
