Latest Energy industry News
Forum Energy: Q1 Earnings Snapshot
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
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...
Knot Offshore: Q4 Earnings Snapshot
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
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...
