Industry News

Valeura Energy Inc.: Second Quarter 2024 Results

SINGAPORE, Aug. 08, 2024 (GLOBE NEWSWIRE) -- Valeura Energy Inc. (TSX: VLE, OTCQX: VLERF) ("Valeura" or the "Company"), reports its unaudited financial and operating results for the three and six month periods ended June 30, 2024.  Q2 2024 Highlights Adjusted cashflow...

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Report for the six months ended 30 June 2024

Highlights Power generation amounted to 456 GWh for the reporting period, representing an increase of more than 20 percent compared to 378 GWh in the same period in the previous year, and was around ten percent below expectations primarily as a result of weak wind...

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SBM Offshore doubles its share repurchase program

August 8, 2024 SBM Offshore is pleased to announce that the EUR65 million (c. US$70 million) share repurchase program effective from March 1, 2024 (the “Structural Buyback”), has been increased by an additional amount of EUR65 million (c. US$71 million equivalent1)...

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SBM Offshore Half Year 2024 Earnings

August 8, 2024 Highlights 2024 Directional1 EBITDA guidance increased from around US$1.2 billion to around US$1.3 billion2024 Directional revenue guidance increased from around US$3.5 billion to above US$3.8 billion US$3.4 billion net increase of pro-forma Directional...

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BGX Acquires Strategic Option in the Illinois Basin

Black Gold Exploration diversifies and expands its portfolio into the United StatesVANCOUVER, British Columbia, Aug. 07, 2024 (GLOBE NEWSWIRE) -- BGX - Black Gold Exploration Corp. (CSE:BGX), (FRA:P30), (“BGX”, “Black Gold Exploration” or the “Company”), a dynamic...

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Weatherford Releases Annual Sustainability Report

HOUSTON, Aug. 07, 2024 (GLOBE NEWSWIRE) -- Weatherford International plc (NASDAQ: WFRD) (“Weatherford,” the “Company,” “we,” “us,” and “our”) announced today the release of its annual Sustainability Report, which shares the Company’s latest advancements in...

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