Latest Energy industry News

In diesel-dependent East Timor, renewable energy transition remains slow despite government pledges

Sep. 10, 2024 00:34 AM EDT

JAKARTA, Indonesia (AP) — East Timor is at an energy development crossroads. While the small Southeast Asian nation — and one of the world's youngest countries — has made international and domestic pledges to reduce its carbon footprint through untapped solar and other...

Knot Offshore: Q2 Earnings Snapshot

Sep. 03, 2024 16:30 PM EDT

ABERDEEN, Britain (AP) — ABERDEEN, Britain (AP) — Knot Offshore Partners LP (KNOP) on Tuesday reported a loss of $12.9 million in its second quarter. On a per-share basis, the Aberdeen, Britain-based company said it had a loss of 38 cents. Earnings, adjusted for asset impairment...

Forum Energy: Q2 Earnings Snapshot

Aug. 01, 2024 18:19 PM EDT

HOUSTON (AP) — HOUSTON (AP) — Forum Energy Technologies Inc. (FET) on Thursday reported a loss of $6.7 million in its second quarter. The Houston-based company said it had a loss of 54 cents per share. Losses, adjusted for non-recurring costs and restructuring costs, came to 7...