Tuesday, April 21, 2026
Shell sees significantly lower Q1 LNG trading results- oil and gas 360

Shell sees significantly lower Q1 LNG trading results

Investing LONDON -Shell said on Friday it expects significantly lower results from its liquefied natural gas trading business in the first quarter of 2024 compared with the previous three months. In an update ahead of quarterly results on May 2, Shell (LON:RDSa) also said its oil trading results are expected to be significantly higher than the last quarter of 2023. Shell, the world’s

Petrobras loses over $10 billion in market cap after dashing dividend hopes- oil and gas 360

Petrobras loses over $10 billion in market cap after dashing dividend hopes

Yahoo Finance Petrobras has been a major cash cow for its shareholders in recent years, including the Brazilian government, with the prior management paying out far more than Western oil major peers. Under new management picked by President Luiz Inacio Lula da Silva, the company had pared back its payouts, but an extraordinary dividend was still widely expected in the

Pine Cliff Energy Ltd: President's message to shareholders- oil and gas 360

Pine Cliff Energy Ltd: President’s message to shareholders

Oil and Gas 360 I hope everyone is doing well. Pine Cliff has been busy integrating our acquisition of Certus Oil and Gas, which closed on December 13th. We are pleased to report that the performance of these assets thus far has exceeded our expectations. Concurrently, we are managing the challenges posed by the unusually mild winter weather and its

EQT announces strategic production curtailment- oil and gas 360

EQT announces strategic production curtailment

Oil and Gas 360 PITTSBURGH, March 4, 2024 /PRNewswire/ — EQT Corporation (NYSE: EQT) (“EQT” or the “Company”) today announced it made the strategic decision to curtail approximately 1 Bcf per day of gross production beginning in late February in response to the current low natural gas price environment resulting from warm winter weather and consequent elevated storage inventories. The Company expects

Canadian Natural Resources lifts dividend after posting record production- oil and gas 360

Canadian Natural Resources lifts dividend after posting record production

Oil Price Canadian Natural Resources (NYSE: CNQ) is raising its quarterly dividend as it posted consensus-beating earnings for Q4, driven by record-high oil and natural gas production last year. Canadian Natural Resources, the biggest oil and gas producer in Canada by market capitalization, reported on Thursday adjusted earnings per share of US$1.72 (C$2.34) for the fourth quarter of 2023, higher than the

Sitio Royalties reports fourth quarter and full year 2023 operational and financial results, recent developments, and provides full year 2024 guidance- oil and gas 360

Sitio Royalties reports fourth quarter and full year 2023 operational and financial results, recent developments, and provides full year 2024 guidance

Oil and Gas 360 Announces Definitive Agreement to Acquire 13,062 NRAS in the DJ Basin for $150 Million(1) Announces $200 Million Share Repurchase Program and Updated Return of Capital Framework Closed on Previously Announced Sale of Anadarko and Appalachia Assets for $114 Million Declared $0.51 Dividend Per Share of Class A Common Stock for Fourth Quarter 2023 Issues Full Year

APA to increase global oil and gas production in 2024 with $2 billion upstream investment- oil and gas 360

APA to increase global oil and gas production in 2024 with $2 billion upstream investment

World Oil (WO) – On Feb. 21, APA Corp. released its 2023 financial results and 2024 operational outlook. In the report, APA forecasted strong U.S. oil growth in 2024, approximately 8% year-over-year and more than 10% from fourth-quarter 2023 to fourth-quarter 2024. The company has an upstream capital budget of up to $2 billion and will invest to sustain production

SM Energy reports 2023 results and 2024 operating plan- oil and gas 360

SM Energy reports 2023 results and 2024 operating plan

Oil and Gas 360 DENVER, Feb. 21, 2024 /PRNewswire/ — SM Energy Company (the “Company”) (NYSE: SM) today announced certain fourth quarter and full year 2023 operating and financial results, year-end 2023 estimated net proved reserves and its 2024 operating plan. Highlights include: Excellent financial results and operational performance: Net income for the full year 2023 was $817.9 million, or $6.86 per diluted