Industry News

Oslo, 28 February 2025 Highlights in the quarter and for the full year Interoil’s total operated production 2024 was 754.918 barrels of oil equivalent (boe), a decrease from 949.778 boe in the same period of 2023. Operations in 2024 were impacted by downhole equipment...

Please find enclosed the presentation of Frontline plc´s fourth quarter 2024 results to be held on the webcast / conference call 28 February, 2025 at 15:00 CET. This information is subject to the disclosure requirements pursuant to section 5 – 12 of the Norwegian...

Oslo, 28 February 2025         January 2025December 2024OperatedBoepd (1)Bopd (1)Boepd (1)Bopd (2)Colombia 623446594418Argentina1,3422181,908244Total operated1,9656642,502662Total equity9913841,217377 (1)   Barrels of oil equivalents per day (includes liquid and...

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...