Saturday, August 22, 2026
Halliburton announces fourth quarter 2023 results and increases dividend- oil and gas 360

Halliburton announces fourth quarter 2023 results and increases dividend

Oil and Gas 360 Net income of $0.74 per diluted share. Adjusted net income per diluted share1 of $0.86, excluding losses in Argentina primarily due to currency devaluation. Revenue of $5.7 billion and operating margin of 18%. Cash flow from operations of $1.4 billion and free cash flow2 of $1.1 billion. 2024 first quarter dividend increases by $0.01 per share to $0.17 per share. HOUSTON–(BUSINESS WIRE)–Jan. 23, 2024– Halliburton Company (NYSE: HAL) announced today net income of $661 million,

US oil and gas dealmaking reaches fever-pitch in 2023, Enverus says- oil and gas 360

US oil and gas dealmaking reaches fever-pitch in 2023, Enverus says

Nasdaq Blockbuster takeovers by oil and gas majors pushed the value of U.S. energy dealmaking last year to a record $192 billion, more than triple the amount in 2022, according to data from analytics firms Enverus on Tuesday. Acquisitions in the Permian shale basin straddling West Texas and New Mexico, the largest U.S. oilfield, soared in the last two years as oil prices jumped

Russia’s fossil fuel revenues continue to fall- oil and gas 360

Russia’s fossil fuel revenues continue to fall

Oil Price Russia’s fossil fuel export revenues continued to fall in December from November, as income from oil and gas exports has been dropping since September, a new analysis by the Centre for Research on Energy and Clean Air (CREA) showed on Tuesday. Fossil fuel revenues for Russia dropped by 8% last month from November, for a decline of $63 million (58

Oil prices edge up with signals mixed on crude supply outlook- oil and gas 360

Oil prices edge up with signals mixed on crude supply outlook

US News NEW YORK – Oil prices inched up Tuesday, as traders weighed production outages in the U.S. and tensions in the Middle East and Europe against rising crude supply in Libya and Norway. Brent crude futures were up 30 cents, or 0.4%, to $80.36 a barrel at 11:24 a.m. EST (1618 GMT). U.S. West Texas Intermediate crude futures (WTI)

Argentine oil company YPF privatization scrapped from reform bill- oil and gas 360

Petrobras to start expanding into wind and solar this year

Oil Price Brazil’s state oil major Petrobras is this year set to go on a shopping spree in wind and solar, its chief executive told Reuters this week. The company aims to build a portfolio of stakes in wind and solar projects to the tune of 2 GW, Jean Paul Prates told the news outlet in an interview. “The market will see

Argentine oil company YPF privatization scrapped from reform bill- oil and gas 360

Argentine oil company YPF privatization scrapped from reform bill

World Oil (Bloomberg) – The privatization of state-run oil company YPF SA is no longer included in the sweeping reforms President Javier Milei is trying to get approved by Argentina’s congress, according to a summary of the legislation circulated Monday by government officials. The bill, currently up for debate in Argentina’s lower house, was changed after negotiations by lawmakers. The