Rigzone Industry News

'A liftoff in corporate consolidation picked up the slack of declining opportunities to buy private assets'.

'It is extremely gratifying to have more companies sign up to the initiative'.

The oil refiner's adjusted net income for the quarter was $2.07 billion, or $4.63 per share, compared to $3.12 billion in the prior-year quarter.

The stoppage comes at a time when warmer-than-usual temperatures lead to an increase in electricity demand.

Peabody saw lower coal prices offset higher production.

ExxonMobil earned $9.07 billion for the third quarter.

Hess posted $504 million in net profit for the third quarter.

The company's third-quarter adjusted income was marked at $1.16 billion (EUR 1.1 billion).

Third-quarter net income was $184 million higher than the previous quarter, which Var Energi attributed to an increase in commodity prices and sold volumes.

The DOE has selected nine candidates for Renew America's Nonprofits grant.