Author: Naomi Klinge

Feed gas to U.S. liquefied natural gas facilities have reached record levels in the first half of 2023 following the restart of Freeport LNG.

In the second quarter of 2023, Exxon Mobil Corp. announced two major deals to support its carbon capture ambitions. Here’s what else it’s eyeing.

NexTier and Patterson-UTI saw massive increases in income for the second quarter of 2023 ahead of their merger, while they expect rig counts to reach a trough in the coming quarter.

Despite the drop in income, Exxon CEO Darren Woods said the company is seeing positive signs in terms of profitability.

ChampionX beats analyst expectations for adjusted net income for the second quarter 2023, but misses expectations on revenue.

Voyager Midstream Holdings, which was recently co-founded by a former Plains All American Pipeline and Oryx Midstream executive, has secured an initial equity commitment.

Houston-based Vertex Energy purchased a refinery in Mobile, Alabama, from Shell last year. It’s now exceeding conventional production expectations and surpassing the facility’s stated operational capacity.

Chevron waived the mandatory retirement age for its CEO, named its next CFO and provided a sneak peek at its second-quarter earnings, which beat analysts’ expectations.

Schlumberger Ltd. (NYSE: SLB) earned $8.1 billion in revenue for the second quarter of 2023, up 20% from the same quarter last year, despite a downturn in North America rig counts.

Altamira-US, a Houston-based engineering and consulting firm, has appointed a its first CEO.