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Oil and Gas

BP names trading chief Carol Howle deputy CEO to sharpen strategic focus

BP (NYSE:BP) has appointed long-serving executive Carol Howle as Deputy CEO, effective immediately, a move that centralizes the firm’s strategic and trading operations as it navigates intensifying pressure to balance green energy ambitions with fossil fuel returns.

Leia mais: BP names trading chief Carol Howle deputy CEO to sharpen strategic focus
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Oil and Gas

Fusion Fuel subsidiary Quality Industrial signals turnaround with 46% revenue jump

Fusion Fuel (NASDAQ:HTOO) highlighted a pivotal fiscal 2025 for its majority-owned subsidiary, Quality Industrial Corp (QIND), as the unit successfully cleared legacy financial hurdles while posting double-digit top-line growth.

Leia mais: Fusion Fuel subsidiary Quality Industrial signals turnaround with 46% revenue jump
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Oil and Gas

Transocean secures $1B in new deals as debt reduction strategy accelerates

Transocean (NYSE:RIG) has fortified its financial position through a dual-track strategy of aggressive backlog expansion and balance sheet deleveraging, announcing approximately $1 billion in new contract awards alongside the full retirement of a high-interest bond series.

Leia mais: Transocean secures $1B in new deals as debt reduction strategy accelerates
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Oil and Gas

Oil holds near $115 as Trump balances peace optimism with threats to Iran’s Kharg Island

Oil markets remained on edge Monday, with Brent crude holding near $115 a barrel, as President Donald Trump indicated a potential diplomatic breakthrough in the Middle East while simultaneously threatening military strikes against Iran’s critical energy infrastructure.

Leia mais: Oil holds near $115 as Trump balances peace optimism with threats to Iran’s Kharg Island