Finance https://www.oedigital.com/finance?format=feed Finance en-US Fri, 08 Mar 2024 08:29:39 -0500 https://www.oedigital.com/news/512108-petrobras-shares-plunge-on-dividend-frustration-downgrades Petrobras Shares Plunge on Dividend Frustration, Downgrades Shares of Brazil's state-run oil company Petrobras plunged more than 11% in opening trading in Sao Paulo on Friday, after the firm's dividend frustrated investors and triggered analyst downgrades… Fri, 08 Mar 2024 13:29:39 Z https://www.oedigital.com/news/512108-petrobras-shares-plunge-on-dividend-frustration-downgrades https://www.oedigital.com/news/512041-tullow-oil-swings-into-loss-but-eyes-returns-after-2025 Tullow Oil Swings Into Loss, But Eyes Returns After 2025 Tullow Oil swung into a loss in 2023 after cutting the value of reserves in one of its West African oilfields, as its chief executive said the company would consider shareholder returns after 2025… Wed, 06 Mar 2024 15:24:29 Z https://www.oedigital.com/news/512041-tullow-oil-swings-into-loss-but-eyes-returns-after-2025 https://www.oedigital.com/news/511848-pemex-swings-to-profit-but-provider-debt-hits-record Pemex Swings to Profit, But Provider Debt Hits Record Mexico's Pemex reversed losses in the last three months of 2023 but its overall debt burden remained the highest of any oil company in the world, with billions of… Tue, 27 Feb 2024 18:38:44 Z https://www.oedigital.com/news/511848-pemex-swings-to-profit-but-provider-debt-hits-record https://www.oedigital.com/news/511707-oil-producer-apa-misses-quarterly-profit-estimates-on-north-sea-downtime Oil Producer APA Misses Quarterly Profit Estimates on North Sea Downtime U.S. shale oil producer APA Corp missed Wall Street estimates for fourth-quarter profit on Wednesday, hit by weaker North Sea production.Its North Sea production… Wed, 21 Feb 2024 21:43:00 Z https://www.oedigital.com/news/511707-oil-producer-apa-misses-quarterly-profit-estimates-on-north-sea-downtime https://www.oedigital.com/news/511511-pemex-gets-fresh-stimulus-days-after-bond-ratings-cut Pemex Gets Fresh Stimulus, Days After Bond Ratings Cut Mexico's government approved a new 'fiscal stimulus' for its heavily indebted state energy company Pemex, according to a decree published on Tuesday, part of a strategy… Tue, 13 Feb 2024 18:33:39 Z https://www.oedigital.com/news/511511-pemex-gets-fresh-stimulus-days-after-bond-ratings-cut https://www.oedigital.com/news/511499-twma-secures-62-5-million-sustainability-linked-bond TWMA Secures $62.5 Million Sustainability Linked Bond Drilling waste management company TWMA on Tuesday announced it has closed on a $62.5million Sustainability Linked Bond on the Nordic ABM in Oslo.Qualifying for a… Tue, 13 Feb 2024 14:36:41 Z https://www.oedigital.com/news/511499-twma-secures-62-5-million-sustainability-linked-bond https://www.oedigital.com/news/511470-marad-s-title-xi-changes-good-news-for-offshore-wind MARAD’s Title XI Changes: Good News for Offshore Wind? The U.S. Department of Transportation's Maritime Administration (MARAD) in December issued a final rule updating its financial requirements for the Federal Ship Financing Program… Mon, 12 Feb 2024 19:53:03 Z https://www.oedigital.com/news/511470-marad-s-title-xi-changes-good-news-for-offshore-wind https://www.oedigital.com/news/511378-orsted-cuts-investment-capacity-targets-after-review Orsted Cuts Investment, Capacity Targets After Review Orsted, the world's biggest offshore wind farm developer, trimmed its investment and capacity targets on Wednesday and paused dividend payouts as part of a major review… Wed, 07 Feb 2024 15:18:20 Z https://www.oedigital.com/news/511378-orsted-cuts-investment-capacity-targets-after-review https://www.oedigital.com/news/511324-bp-beats-q4-profit-forecast-increases-share-buybacks BP Beats Q4 Profit Forecast, Increases Share Buybacks BP reported on Tuesday fourth-quarter earnings of $3 billion, exceeding forecasts thanks to strong gas trading, as the energy company increased the pace of its share repurchases… Tue, 06 Feb 2024 08:41:04 Z https://www.oedigital.com/news/511324-bp-beats-q4-profit-forecast-increases-share-buybacks https://www.oedigital.com/news/511302-chevron-profit-sinks-as-earnings-from-oil-production-tumble Chevron Profit Sinks as Earnings from Oil Production Tumble Chevron on Friday beat analysts' earnings estimates and increased dividends on higher oil and gas production, after a year of sharply lower profits on missteps and charges… Mon, 05 Feb 2024 09:44:53 Z https://www.oedigital.com/news/511302-chevron-profit-sinks-as-earnings-from-oil-production-tumble https://www.oedigital.com/news/511272-exxon-s-36-billion-profit-beats-estimates Exxon's $36 Billion Profit Beats Estimates Exxon Mobil on Friday posted a better-than-expected $36 billion profit for 2023, lifted by fuels trading and higher oil and gas production.Oil majors are expected… Fri, 02 Feb 2024 16:15:02 Z https://www.oedigital.com/news/511272-exxon-s-36-billion-profit-beats-estimates https://www.oedigital.com/news/511271-orsted-s-strategic-shake-up-has-investors-worried Orsted's Strategic Shake-up Has Investors Worried Orsted is expected to trim investment plans and cut dividends on Wednesday as it presents a new strategy but investors are worried that the Danish renewable energy… Fri, 02 Feb 2024 16:10:48 Z https://www.oedigital.com/news/511271-orsted-s-strategic-shake-up-has-investors-worried https://www.oedigital.com/news/511063-slb-recovers-560-million-from-pemex SLB Recovers $560 Million from Pemex The world's largest oil services company, SLB, said on Wednesday that it was recovering $560 million of the $1.015 billion it is owed by Pemex via a financial institution… Wed, 24 Jan 2024 22:37:27 Z https://www.oedigital.com/news/511063-slb-recovers-560-million-from-pemex https://www.oedigital.com/news/511014-halliburton-profit-beats-on-international-strength Halliburton Profit Beats on International Strength Halliburton's fourth-quarter profit beat market expectations on Tuesday as strength in offshore and overseas drilling activities boosted demand for oilfield services and equipment… Tue, 23 Jan 2024 14:08:41 Z https://www.oedigital.com/news/511014-halliburton-profit-beats-on-international-strength https://www.oedigital.com/news/510373-great-lakes-marad-title-xi-financing-application-completed Great Lakes' MARAD Title XI Financing Application Completed Great Lakes Dredge & Dock Corporation announced its MARAD Title XI Financing application for its offshore wind rock installation vessel, the Acadia, has been updated to the 'completed' category… Fri, 22 Dec 2023 16:36:49 Z https://www.oedigital.com/news/510373-great-lakes-marad-title-xi-financing-application-completed