GEA Group maintains a conservative balance sheet, helping to shield shareholders from the inherent volatility in capital equipment spending in GEA’s various end markets. The balance sheet sits in a ...

Cenovus Energy is boosting buybacks, redeeming preferreds, and raising its dividend despite short-term output impacts. See ...

Libya’s AGOCO has repaired a key crude oil pipeline as the country attracts major international oil companies in its first ...

FCI’s reliable ST75 Flow Meter utilizes advanced thermal dispersion sensing technology, providing accurate and consistent measurements even in challenging environments.

Bankers from both supermajors have been engaged in early merger talks with discussions moving slowly, the Wall Street Journal ...

DNOW Inc. (NYSE: DNOW) ("DNOW" or "the Company") and MRC Global Inc. (NYSE: MRC) ("MRC Global") today announced that they have entered into a definitive merger agreement pursuant to which DNOW will ...

TechnipFMC is in solid financial health. As of the first quarter of 2025, the firm has $1.2 billion in cash. Its $411 million of debt is not large. Management aims to hold about $800 million of cash, ...

US-based Halliburton has announced a collaboration with Petronas exploration and production (E&P) subsidiary Petronas Carigali to deploy next-generation subsurface modelling and reservoir management ...

In this video, we’ll dive into the process of hydraulic fracturing, how it works, and why it has become a critical method for accessing hard-to-reach oil and gas reserves.

The wells produce heavy crude oil from the McLaren/Sparky and Lloydminster formation (s). Novacor is the operator of these cash flow positive wells and has the capability to rapidly double production.

The latest flow tests results from Pantheon Resources’ Megrez-1 well in the Alaskan North Slope were “undeniably disappointing,” the London-listed operator said in a Monday update.

Occidental Petroleum’s cash flow improvements are expected as spending falls for projects, such as 1PointFive’s Stratos direct air capture, which will augment its ongoing oil and gas ...