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Oct 23 (Reuters) - Oilfield services provider Baker Hughes on Thursday beat Wall Street estimates for third-quarter profit, driven by strength in its industrial and energy technology (IET) business. As oilfield services firms navigate a volatile market, resilient areas like LNG infrastructure, power grid upgrades, and growing electricity demand from data centers are helping support growth.... Continue Reading →
Oct. 23 (oilnow) TechnipFMC has delivered another solid quarter, reporting total revenue of US$2.65 billion for the third quarter of 2025. Net income attributable to the company was US$309.7 million, or US$0.75 per diluted share, while adjusted net income reached US$312.1 million. Adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) stood at US$518.9 million,... Continue Reading →
Oct. 23 (OE) Golar LNG has informed that all conditions for the 20-year charter of its 3.5 million tonnes per annum (MTPA) MK II Floating Liquefied Natural Gas (FLNG) unit to Southern Energy S.A. (SESA) in Argentina have been satisfied. The announcement confirms $8 billion in EBITDA backlog before commodity exposure and inflationary adjustments. The... Continue Reading →
Oct. 22 (Reuters) Italy's Saipem said on Wednesday its third-quarter adjusted core profit rose 29% year-on-year as the energy contractor pocketed new orders in Turkey and Guyana. Adjusted earnings before interest, taxes, depreciation and amortization (EBITDA) came in at 437 million euros ($510 million), marginally beating an analyst consensus of 433 million euros compiled by... Continue Reading →
Oct. 22 (PN) Petrobras wasted no time in starting drilling the pioneer well in block FZA-M-59, in the Foz do Amazonas Basin, on the Equatorial Margin. The drilling, expected to last approximately five months, began on Monday (20), the same day that Ibama (Brazilian Institute of Environmental Protection) issued the environmental license authorizing the operation.... Continue Reading →
Oct 22 (Reuters) - U.S. shipbuilders and port operators are getting hit in the fallout from President Donald Trump’s campaign to wipe out the offshore wind industry, suffering hundreds of millions of dollars in lost government support, vanishing vessel orders, and an uncertain future for the billions of dollars' worth of investments. The impact represents an unintended... Continue Reading →
Oct. 22 (OE) Ocean Winds, the 50-50 joint venture between Portugal’s EDP Renováveis and France’s Engie, has agreed to sell a 20.25% stake in its 500 MW Îles d’Yeu et Noirmoutier offshore wind project in France to Allianz Global Investors for $232 million. Located in Vendée on France’s Atlantic coast, the Îles d’Yeu et Noirmoutier... Continue Reading →
Oct 22 (Reuters) - GE Vernova's profit topped third-quarter expectations on Wednesday, driven by strong equipment orders and surging U.S. power demand from data centers supporting artificial intelligence workloads. Growing power demand from AI and other data-heavy industries is helping power equipment makers like GE Vernova tap long-term growth in U.S., strengthening its grid and turbine... Continue Reading →
Oct 21 (Reuters) - Halliburton beats Wall Street estimates for third-quarter profit estimates on Tuesday, supported by steady North American oilfield activity and equipment demand, and said its cost-cutting measures are expected to save $400 million annually. The company's shares rose 5.4% in premarket trading, also aided by a partnership with VoltaGrid to provide distributed power... Continue Reading →
Oct. 21 - BRAVA ENERGIA S.A. (“BRAVA” or “Company”) (B3: BRAV3), pursuant to CVM Resolution No. 44, hereby informs its investors and the market in general that the Board of Directors approved, at a meeting held on October 20, 2025, adjustments to the organizational structure, with the aim of simplify and optimize processes, strength corporate... Continue Reading →
Brazil Energy Insight 