Industry News

FRONTLINE PLC REPORTS RESULTS FOR THE FOURTH QUARTER ENDED DECEMBER 31, 2024 Frontline plc (the “Company”, “Frontline,” “we,” “us,” or “our”), today reported unaudited results for the three and twelve months ended December 31, 2024: Highlights Profit of $66.7 million,...

FORT WORTH, Texas, Feb. 27, 2025 (GLOBE NEWSWIRE) -- RANGE RESOURCES CORPORATION (NYSE: RRC) today announced the appointment of Christian S. (Chris) Kendall to its Board of Directors. Mr. Kendall’s appointment is effective February 27 and he will serve on Range’s...

Cash Generation of $34 million in Q4 after safe harbor equipment purchases, third consecutive quarter of positive Cash Generation Paid down $132 million of recourse debt in Q4 with excess cash Cash Generation guidance of $200 million to $500 million in 2025 Cash...

Golar LNG Limited advises that its 2025 Annual General Meeting will be held on Tuesday May 20, 2025.  The record date for voting at the Annual General Meeting is set to March 13, 2025. A copy of the notice, agenda and associated material will be distributed to...

Paris (France), February 27th, 2025, 17h45 CET 2024: A YEAR OF OVERACHIEVEMENTS 2025: ON TRACK TO DELIVER c.$100 MILLION NET CASH FLOW   Q4 FY1 Revenue2 $339M $ 1,117M (-1%) Adjusted EBITDA3 $157M $455M (+14%) Net Cash-Flow $27M $56M (+73%) Sophie Zurquiyah, Chief...

Expands Power Generation & Oil Production in Texas, Strengthens Strategic Partnerships for Sustainable Growth in 2025 Key Points: Expansion & Optimization of Production Capacity Thiel Site Expansion: Increasing power generation capacity to 3.5 MW by Q3 2025,...

SINGAPORE, Feb. 27, 2025 (GLOBE NEWSWIRE) -- OMS Energy Technologies Inc. (“OMS” or the “Company”), a growth-oriented manufacturer of surface wellhead systems and oil country tubular goods for the oil and gas industry, today announced that it has launched its proposed...

Reference is made to the fourth quarter 2024 report released on February 27, 2025. Golar LNG Limited (“Golar”), NASDAQ ticker: GLNG, has declared a total dividend of $0.25 per share to be paid on or around March 18, 2025.  The record date will be March 11, 2025. Due...

Highlights and subsequent events Golar LNG Limited (“Golar” or “the Company”) reports Q4 2024 net income attributable to Golar of $3 million inclusive of $29 million of non-cash items1, and Adjusted EBITDA1 of $59 million. Full year 2024 net income attributable to...

Dividend information Reference is made to the Q4 2024 Presentation released 27 February 2025. BW Offshore Limited (“BW Offshore”) provides the following key information relating to its cash dividend for Q4 2024. Cash dividend:Cash dividend amount: USD 0.14 per share...