Helix Energy swings to Q3 profit, lifts 2025 EBITDA guidance on strong robotics, offshore activity

HOUSTON: Helix Energy Solutions Group Inc (HLX.N) on Wednesday reported a third-quarter profit of $22.1 million, or 15 cents per diluted share, reversing a loss of $2.6 million in the…

NNR October 23, 2025

Australian Exchange

Infratil Limited acquires 4.92% Contact Energy stake to 14.3% in $261.5 million deal

WELLINGTON: New Zealand's Infratil Limited (IFT.NZ) said on Monday it has agreed to acquire a further 4.92% stake in power generator Contact Energy Limited (CEN.NZ) for NZ$437.7 million ($261.5 million), increasing its total…

NNR October 20, 2025

PSX

Pakistan grants power agency new role in market overhaul, caps legacy contracts

ISLAMABAD: Pakistan's power regulator has approved the registration of the Central Power Purchasing Agency (CPPA-G) as a Special Purpose Agent (SPA), a key step in the country's long-delayed electricity market…

Muhammad ALI October 15, 2025

Australian Exchange

XRG consortium withdraws $5.6 billion takeover bid for Santos

FILE PHOTO: The logo of Australian oil and gas producer Santos Ltd is pictured at their Sydney office February 15, 2016. REUTERS/Jason Reed/File Photo ADELAIDE: A consortium led by Abu…

NNR September 18, 2025

MENA London Stock Exchange

Saudi Aramco posts $50.9bn H1 profit amid market volatility; Maintains 100% supply reliability

Energy giant advances upstream projects, boosts AI capacity and renewables, declares $42.7 billion in dividends despite lower crude prices RIYADH: Saudi Aramco (2222.SE), the world’s largest oil exporter, reported a…

Ali Mirza August 5, 2025

Wire

Phillips 66 earnings surge on refining strength, midstream expansion

HOUSTON: Energy giant Phillips 66 (NYSE: PSX) posted robust second-quarter earnings, powered by peak refining performance and a strategic midstream acquisition, as the company sharpens its wellhead-to-market focus. The company…

NNR July 26, 2025

Wire

SLB posts steady second-quarter revenue as global market holds firm

HOUSTON: SLB (NYSE: SLB) reported second-quarter revenue of $8.55 billion, a 1% sequential increase, as steady demand across international markets offset regional slowdowns and subdued upstream spending. The oilfield services…

NNR July 19, 2025

Euronext

Aker Solutions posts solid Q2; Reaffirms full-year outlook as order backlog climbs

OSLO: Norwegian engineering company Aker Solutions reported a strong second quarter performance on Thursday, backed by high project activity and continued momentum in its core markets. Second-quarter revenue rose to…

NNR July 11, 2025

Australian Exchange

Buru Energy sells 2H Resources subsidiary to Koloma in $2 million deal

SYDNEY: Buru Energy Limited (ASX:BRU) has finalized agreements with Koloma Australia Pty Ltd for the sale of its geologic hydrogen-focused subsidiary, 2H Resources Pty Ltd (2HR), and non-core exploration assets…

NNR July 10, 2025

Australian Exchange

D3 Energy expands helium exploration, hydrogen portfolio with South Australian acquisition

SYDNEY: Australian helium exploration company D3 Energy Ltd. (ASX: D3E) has acquired two exploration permits in South Australia’s Arckaringa Basin, broadening its footprint in the growing helium and hydrogen sector.…

NNR June 17, 2025