Nigeria's state-owned oil and gas company NNPC reported a 1.3% increase in crude oil production to 1.6 million barrels per day in November 2025, while natural gas output slightly decreased.
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Today's news covered a mix of technology, crypto, geopolitical and macro developments.
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Search Results for "PROFIT" (94 articles)
Precious metals, including gold, have fallen due to profit-taking after reaching recent records, while Asian stocks have seen fluctuations in quiet trade ahead of the New Year break.
Citadel is set to return $5 billion in profit to its investors, with its flagship fund Wellington achieving a 9.3% gain in the year through last week.
Texas battery storage operators are facing increased risk and reduced profit opportunities due to changes in power pricing and dispatch by ERCOT, potentially impacting the growth of wind and solar energy.
Gazprom has reported a net income of $1.72 billion in Q3, marking a turnaround from a loss in the same period last year, driven by improved gas sales and reduced tax liabilities.
Nigeria's state oil company, NNPC, reported a 64% jump in profits to $3.6 billion in 2024, driven by the oil industry's recovery.
Turkmenistan has been identified as a significant global methane emitter, with over two-thirds of the world's 25 largest methane emissions sites located within the country, according to a recent academic monitoring initiative.
Rolls-Royce has upgraded its full-year profit forecast by 26%, expecting an operating profit of £3.1bn to £3.2bn, significantly higher than previous estimates.
ONGC's net profit declined 17.8% in the July-September quarter due to lower oil prices, impacting crude realizations.
Venture Global, a US LNG exporter, reported a massive Q3 profit of $429 million, a significant improvement from a loss of $347 million in the same period last year, driven by a 260% increase in revenues and a 598% surge in income from operations.
Gunvor has withdrawn its $22 billion bid for Lukoil's international business following U.S.
US oil prices have dropped by 15% this year, potentially threatening smaller producers' profits and a forecasted global supply surplus next year may exacerbate the issue.
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