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Power Construction
Duke Energy Misses Expectations As Storms Hit Earnings
Power and gas utility Duke Energy Corp. has reported $1.24 billion in adjusted net income for the third quarter, down from $1.49 billion for the same three-mont…
Oil & Gas Trade
Petrobras Posts $7.6% Increase In Net Income In Q3 2024
Brazilian national oil and gas company Petrobras has reported a 7.6% increase in net income for Q3 2024, reaching $5.87bn (33.85bn reais) from $5.54bn in the sa…
Oil Price
Exxonmobil’s Q3 2024 Net Income Drops By 5% To $8.6bn
ExxonMobil has reported a net income of $8.61bn for the third quarter of 2024 (Q3 2024), down by 5.1% from $9.07bn recorded in the same period last year.In the …
Energy Storage Project
Tesla Earnings Are Slipping— But Its Battery Business Is Booming
A Ninedot Energy site with Tesla Megapack batteries and a solar canopy (courtesy: NineDot Energy)Tesla’s second-quarter net income fell 45% compared with …
Oil & Gas Trade
Petrochina's 2023 Net Income up 8.3% on Strong Fuel, Gas Sales
PetroChina's logo is seen at its petrol station in Beijing, China, March 21, 2016. Picture taken March 21, 2016. REUTERS/Kim Kyung-Hoon/File Photo Purchase …
Oil & Gas Trade
Sinopec’s 2023 Net Income Falls 9.9% in ‘Complicated Environment'
The logo of China Petroleum & Chemical Corporation, or Sinopec, is displayed during the LNG 2023 energy trade show in Vancouver, British Columbia, Canada, July …
Electric Vehicles
BYD Expects at Least $4 Billion in Net Income From Surging EV Sales
After a record EV sales year, BYD expects to rake in at least $4 billion in net income. BYD forecasts its profits rising at least 75% last year.BYD expects at l…
Oil & Gas Trade
Hess Midstream Reports Higher Q3 Income, After Chevron Buys Hess
Hess Midstream LP (HESM.N) on Wednesday reported a rise in third quarter net income versus the year earlier period, with the announcement coming just days after…
Thermal Plant
Mitsubishi Heavy Industries Achieves Significant Yoy Increases in Order Intake and Profit in Strong First Quarter
- Order intake up YoY in Energy Systems, Logistics, Thermal & Drive Systems, and Aircraft, Defense & Space segments, with significant gains in GTCC and Defense …
Offshore Wind Power
Acciona Energía Closed the First Half of 2023 With a Net Income of €405 Million (+3.9%).
ACCIONA Energía closed the first half of 2023 with a net income of €405 million (+3.9%). During the period, the company doubled its net investment c…
Electric Vehicles
Ford Model E Electric Vehicle Unit Posts $722M Loss in Q1 2023
Ford maintains its projection that losses at the Model e EV business will rise nearly 50 percent to $3 billion this year.Ford Motor Company released its first-q…
Philippines
Philippines’ First Gen Posts 5% Recurring Net Income Growth
Its net income stood at US$265m.Philippines’ First Gen Corporation reported its attributable recurring net income grew by 5% to US$265m in 2022.The compan…
Philippines
Philippines’ Meralco Posts 20% Net Income Growth in First Nine Months
Its reported net income stood at P19.8b (US$341m).
Russian Federation
Enel Offloads Its Russian Assets for €137M
The company is forecasting a hit of approximately €1.3 billion on net income.
Oil Price
Aramco Posts Nearly 300% Leap in Second-Quarter Profit as Oil Demand Recovers
Saudi state oil giant Aramco reported a stunning 288% increase in net income to $25.5 billion for the second quarter, while maintaining its dividend of $18.8 bi…
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