Oil Price Mexico’s state-owned oil giant Pemex, the world’s most indebted oil company, has received a capital injection of $4.16 billion (70 billion Mexican pesos) from the finance ministry, sources with knowledge of the matter told Bloomberg on Friday. The Mexican government and President Andrés Manuel López Obrador are looking to support the company and help it pay off its huge debt,
Oil Price Chevron (NYSE: CVX) reported on Friday lower earnings for the second quarter of 2023 compared to the same period of 2022, joining the other international supermajors in booking reduced profits on the back of much lower oil and natural gas prices this year. As previewed in profit highlights a few days ago, Chevron said on Friday that its adjusted earnings were $5.8
Oil and Gas 360 This week’s Baker Hughes Rig Count shows that U.S. had a decrease of 5 over last week, resulting in a total count of 664 rigs. Canada had an increase of 6 over last week, resulting in a total Canadian count of 193 rigs. Breakdown by region Of the regions tracked by Baker Hughes, only the Permian
Nasdaq HOUSTON – Exxon Mobil Corp XOM.Non Friday reported a 56% slump in second-quarter profit, joining rivals hurt by a sharp drop in energy prices but delivering results in line with an earnings previewthe oil major released earlier this month. Second-quarter results from oil majors have tumbled from huge profits booked a year ago after Russia’s invasion of Ukraine sent oil and gas prices soaring. Chevron Corp CVX.N, Shell SHEL.L and TotalEnergies TTEF.PA have reported profit
World Oil (WO) – SeismicAI joined The Petroleum Alliance of Oklahoma in order to facilitate the implementation of innovative EEW advanced technology in the oil and gas industry. Additionally, SeismicAI is working with the Oklahoma Geological Survey to apply the SeismicAI early-warning techniques with data from a real-time statewide seismic network. Since 2009, Oklahoma has been experiencing a surge in
CNBC Oil prices were steady on Friday, but on track for a fifth straight week of gains with investors optimistic healthy demand and supply cuts will keep prices buoyant. Risk appetite in wider financial markets has been fuelled by growing expectations that central banks such as the Fed and European Central Bank are nearing the end of policy tightening campaigns, boosting the outlook
Second Quarter Highlights include: Reported second quarter revenues of $178.8 million, net …
Sign up to receive daily news and stock prices from Oil & Gas 360® directly in your email inbox.
Market Data ©2020–2024 QuoteMedia. Data delayed 15 minutes unless otherwise indicated (view delay times for all exchanges). RT=Real-Time, EOD=End of Day, PD=Previous Day. Market Data powered by QuoteMedia. Terms of Use.
