Latest Energy industry News

Knot Offshore: Q1 Earnings Snapshot

May. 22, 2024 16:53 PM EDT

ABERDEEN, Britain (AP) — ABERDEEN, Britain (AP) — Knot Offshore Partners LP (KNOP) on Wednesday reported net income of $7.4 million in its first quarter. The Aberdeen, Britain-based company said it had profit of 22 cents per share. The tanker company that serves...

Forum Energy: Q1 Earnings Snapshot

May. 02, 2024 18:52 PM EDT

HOUSTON (AP) — HOUSTON (AP) — Forum Energy Technologies Inc. (FET) on Thursday reported a loss of $10.3 million in its first quarter. The Houston-based company said it had a loss of 85 cents per share. Losses, adjusted for non-recurring costs and restructuring costs, were 12...

Mexico proudly controls its energy but could find it hard to reach its climate goals

Apr. 30, 2024 13:22 PM EDT

MEXICO CITY (AP) — Mexico's taking control of its oil sector from U.S. and British companies is taught in schools and celebrated every year. The 1938 nationalization is a point of pride for millions of Mexicans including President Andrés Manuel López Obrador. The popular...