Thursday, February 5, 2026
Lower oil prices drag ConocoPhillips Q4 profit below estimates- oil and gas 360

Lower oil prices drag ConocoPhillips Q4 profit below estimates

(Oil Price) – ConocoPhillips (NYSE: COP) booked lower-than-expected earnings for the fourth quarter as higher production was unable to offset the decline in oil prices. ConocoPhillips reported on Thursday fourth-quarter adjusted earnings of $1.3 billion, or $1.02

Lower oil prices drag ConocoPhillips Q4 profit below estimates- oil and gas 360

Lower oil prices drag ConocoPhillips Q4 profit below estimates

(Oil Price) – ConocoPhillips (NYSE: COP) booked lower-than-expected earnings for the fourth quarter as higher production was unable to offset the decline in oil prices. ConocoPhillips reported on Thursday fourth-quarter adjusted earnings of $1.3 billion, or $1.02 per share. That was nearly halved

U.S. power boom triggers global gas turbine shortage- oil and gas 360

U.S. power boom triggers global gas turbine shortage

(Oil Price) – The hyperscaler-driven surge in U.S. power demand is creating ripple effects in the global supply chain, with gas turbines becoming the most critical bottleneck to rolling out flexible baseload capacity to support accelerated load growth. Gas turbine makers

VAALCO Energy to sell non-core Canadian assets for $35 million- oil and gas 360

VAALCO Energy to sell non-core Canadian assets for $35 million

(World Oil) – VAALCO Energy has agreed to sell its non-core producing properties in Canada for approximately CAD $35 million (about USD $25.6 million), as the company continues to streamline its portfolio and focus capital on higher-return upstream opportunities. The assets, which

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