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Rigzone Industry News

41 - 50 of 262 results found

Woodside Sees 74 Percent Fall in Annual Profit

Date
Wednesday, February 28, 2024 - 12:24 AM
Description
Woodside reported $1.7 billion in net profit for 2023, down 74 percent compared to 2022 as weaker oil and gas prices and higher costs offset increased sales and production.

Weaker Prices Dent Eni Earnings

Date
Tuesday, February 20, 2024 - 11:30 PM
Description
Eni resumed its oil and gas production growth trajectory in the fourth quarter but saw profit decline as selling prices declined for not only oil and gas but also renewables.