RWE has pledged to forge ahead with its “transformation” and is planning to invest “billions of euros” in the expansion of its renewables portfolio.
Canadian Natural Resources (CNR) made a strong financial start to the year despite the “daily challenge” of maintaining operations amid the pandemic.
Chevron generated the most free cash flow since the pandemic emerged as economies clawing their way out of more than a year of lockdowns and paralysis burn more fuel.
Ørsted is having to fork out millions of pounds in order to address cable issues at some of its offshore wind developments.
Shell hailed a “strong start” to 2021 as the oil giant reported a huge leap in profits and drove down debt levels in Q1.
Subsea 7 has warned its future results may still be “adversely affected” by Covid-19 despite a “solid” financial showing to start the year.
Valaris has reported losses of $910million as one of the world’s largest offshore drillers hopes to soon re-emerge from bankruptcy.
Italian energy services firm Saipem said its outlook is “good” but the recent deterioration of the oil market sunk the company to a loss in the first quarter of the year.
Shell's finance chief has refused to rule out further job losses in the North Sea as the oil giant announced its earnings had dropped by $4billion dollars in the first quarter of 2016.
Royal Dutch Shell’s first quarter 2016 earnings dropped to $0.8 billion compared with $4.8 billion for the same quarter a year ago.
BP raced ahead as investors cheered better-than-expected results despite the energy giant booking hefty losses caused by stubbornly low oil prices.