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Latest News
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30 Oct 20
Eni announces results for the third quarter and nine months of 2020
Eni has announced results for the third quarter and nine months of 2020. Over the last nine months, thanks to the reduction in capex and costs efficiencies implemented earlier this year, Eni generated an operating cash flow of over €5 billion, compared to a level of capex equal to €3.8 billion. -
30 Oct 20
Total announces third quarter 2020 results
Total has announced its third quarter 2020 results. The Company reports adjusted net income close to $850 million, and the organic cash breakeven remaining below $25/b. -
30 Oct 20
ConocoPhillips reports Q3 2020 results and operational results
ConocoPhillips has reported a third-quarter 2020 loss of $0.5 billion compared with third-quarter 2019 earnings of $3.1 billion. Excluding special items, third-quarter 2020 adjusted earnings were a loss of $0.3 billion compared with third-quarter 2019 adjusted earnings of $0.9 billion. -
30 Oct 20
Devon Energy reports Q3 2020 financial and operational result
Devon Energy has reported financial and operational results for the third-quarter 2020. Third-quarter oil production totaled 146,000 barrels per day, exceeding midpoint guidance by 6,000 barrels per day. -
30 Oct 20
Ireland: Providence Resources announces exclusivity extension with SpotOn Energy for Barryroe farmout
Providence Resources is finalising the commercial terms of a farm-out of the Barryroe licence with SpotOn Energy. In order to facilitate full completion of the farmout documentation, Providence has agreed to extend the exclusivity period to November 30th, 2020. -
30 Oct 20
Norway: Lundin Energy announces report for the nine months ended 30 September 2020
Lundin Energy has announced its report for the nine months ended 30 September 2020. Following a volatile and unpredictable first half of 2020, the third quarter was one of financial and operational discipline and delivery, driving free cashflow for the nine months period to MUSD 546. -
30 Oct 20
Australia: Wambo Wind Farm secures state government planning approval
The 500 MW Wambo Wind Farm project, being jointly developed by Cubico and Renewable Energy Partners. has secured planning approval from the Queensland state government. -
29 Oct 20
US: Orsted starts construction of 298 MW Nebraska wind project
Ørsted continues to expand its footprint in the Southwest Power Pool (SPP) via the acquisition and final investment decision of the 298 MW Haystack Wind project in Wayne County, Nebraska. -
29 Oct 20
Genel Energy provides update on Tawke PSC
Genel Energy notes that DNO, as operator of the Tawke PSC, has issued an update on licence activity. Production at the Tawke licence increased to 113,700 bopd in the third quarter, reversing declines resulting from a reduction in activity triggered by the instability caused in the wake of COVID-19.
