Latest Energy industry News

Knot Offshore: Q4 Earnings Snapshot

Feb. 26, 2024 18:23 PM EST

ABERDEEN, Britain (AP) — ABERDEEN, Britain (AP) — Knot Offshore Partners LP (KNOP) on Monday reported a loss of $5.3 million in its fourth quarter. The Aberdeen, Britain-based company said it had a loss of 16 cents per share. The tanker company that serves the...

Potential $50 billion Southwestern energy giant emerges as Diamondback seeks to buy rival Endeavor

Feb. 12, 2024 10:15 AM EST

Diamondback Energy will attempt to buy rival Endeavor Energy Resources to create an energy giant in the Southwestern United States worth more than $50 billion. Growing confidence in an economic recovery, particularly in the U.S., has driven massive deals in the energy sector in...