Financials and Investment News

Noreco Announces Successful Closing of $1.1B Lending Facility
Norway >> 5/5/2021 - Norwegian Energy Company ASA (“Noreco”) announces the successful closing of its new USD 1.1 billion Reserve Base Lending facility (the “Facility”), replacing the Company’s existing USD 900 million RBL...
OKEA Delivered Net Profit of NOK 23M in 1st Quarter of 2021
Norway >> 5/4/2021 - OKEA's operating income for the first quarter amounted to NOK 524 million, EBITDA was NOK 240 million, and net profit after tax was NOK 23 million. Earnings per share amounted to NOK 0.22. OKEA’s cash...
ADM Energy Announces Director Share Purchase
Nigeria >> 5/4/2021 - ADM Energy PLC, a natural resources investing company, announces that Osa Okhomina, Chief Executive Officer, purchased 480,446 ordinary shares of 1 pence each ("Ordinary Shares") at a price of 3.45 p...
Valaris Successfully Completes Restructuring
United States >> 5/3/2021 - Valaris Limited (VAL) ("Valaris") announced that, on April 30, 2021, the Valaris Group has successfully completed its financial restructuring and emerged from chapter 11. The Valaris Group's Plan of R...
Chevron Announces First Quarter 2021 Results
United States >> 4/30/2021 - - Earnings of $1.4 billion; adjusted earnings of $1.7 billion
- Capital spending down 43 percent from prior year
- Cash flow from operations of $4.2 billion
- Free cash flow excluding ...
LyondellBasell Reports First Quarter 2021 Earnings
United States >> 4/30/2021 - First Quarter 2021 Highlights
- Strong demand and tight markets drove margin improvements
- Net Income: $1.1 billion
- Diluted earnings per share: $3.18 per share
- EBITDA: $1.6 b...
ExxonMobil Earns $2.7B in First Quarter 2021
United States >> 4/30/2021 - Exxon Mobil Corporation announced estimated first quarter 2021 earnings of $2.7 billion, or $0.64 per share assuming dilution, compared with a loss of $610 million in the first quarter of 2020. Result...
Buru Completes Placement of $15M & Launches SPP
Australia >> 4/30/2021 - Buru Energy Limited (Buru or the Company) (BRU) is pleased to announce a successful share placement, receiving firm commitments from institutional, professional and sophisticated, investors to raise a...
Eni Announces First Quarter 2021 Results
Italy >> 4/30/2021 - Eni's Board of Directors, chaired by Lucia Calvosa, approved the unaudited consolidated results for the first quarter of 2021.
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Petrobras Extends the Term of the Committed Credit Line
Brazil >> 4/30/2021 - Petrobras, in continuation to the statement of March 28, 2019, informs that it has extended part of the credit facility (Revolving Credit Facility - RCF) with maturity in March 2024, in the amount of ...
Global Petroleum Announces Placing to raise £1.0 million
Namibia >> 4/29/2021 - Global Petroleum Limited has successfully raised £1,000,000 million in aggregate before costs (the “Placing”), through the Placing of 222,222,222 Ordinary Shares (the “Placing Shares”) at a Placing Pr...
Repsol Posts Net Income of Euro 648M for the First Quarter Of 2021
Spain >> 4/29/2021 - - posted a net income of Euro 648 million in the first quarter of 2021, thanks to efficient management that has enabled the company to endure the challenging global panorama while continuing to make s...
Subsea 7 S.A. Announces First Quarter 2021 Results
Norway >> 4/29/2021 - Subsea 7 S.A. (the Group) (Oslo Bors: SUBC, ADR: SUBCY) announced results for the first quarter which ended 31 March 2021. ...
KBR Announces First Quarter 2021 Financial Results
United States >> 4/29/2021 - - Delivered $89 million of operating income and >20% growth in adjusted EBITDA

- Achieved strong cash generation; 109% adju...
Maire Tecnimont Announces Its Q1 2021 Consolidated Financial Results
Italy >> 4/29/2021 - - Revenues: Euro 625.7 million
- EBITDA: Euro 37.8 million
- Net Income: Euro 17.7 million
- Adjusted Net Financial Position of (Euro 80.4 million), positively impacted by ...
Shell Announces First Quarter 2021 Results
Netherlands/Holland >> 4/29/2021 - “Shell has made a strong start to 2021, generating over $8 billion of cash in the quarter. Our integrated business model is ideally positioned to benefit from recovering demand. As previously announc...
Equinor Announces First Quarter 2021 Results
Norway >> 4/29/2021 - Equinor reports adjusted earnings of USD 5.47 billion and USD 2.66 billion after tax in the first quarter of 2021. IFRS net operating income was USD 5.22 billion and the IFRS net income was USD 1.85 b...
Valaris Reports First Quarter 2021 Results
United Kingdom >> 4/28/2021 - Valaris plc (“Valaris”) reported a net loss attributable to the Company of $910 million, or $4.56 per share, for the first quarter 2021 compared to a net loss of $71 million, or $0.36 per share, in t...
Falcon Oil & Gas Announces Full Year Financial Results
Canada >> 4/27/2021 - Falcon Oil & Gas Ltd. (FOG) is pleased to announce its financial results for the year ended 31 December 2020.

The ...
Oil and Gas Devt Announces Financial Results Quarter Ended Mar 31, 2021
Pakistan >> 4/27/2021 - We are pleased to inform you that the Board of Directors of our Company in their meeting held on April 26, 2021 at 1530 hours at Islamabad, has recommended as follows:

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