Tag: QUARTERLY BALANCE

YPF ups 2026 investment estimate to $6.2 billion

Argentine oil company YPF projects investments ​of up to $6.2 billion in 2026, above the ‌previous estimate of up to $5.8 billion, CEO Horacio Marin said in a presentation to investors

Shell profit beats forecasts, resumes share buybacks

Shell reported adjusted earnings of $9.84 billion for the second quarter, more than double the $4.26 billion recorded a year earlier, driven by strong trading and refining performance

GeoPark reports stable Q2 production, signs Argentina rig deal

During the second quarter, GeoPark drilled and completed six wells in the Llanos 34 and Llanos 123 blocks in Colombia, and drilled five wells in Vaca Muerta, which were undergoing hydraulic fracturing at the end of the quarter. The company operated a total of eight rigs, including four drilling rigs and four workover rigs

TotalEnergies expects Q2 production of nearly 2.4 mboe/d

TotalEnergies said its hydrocarbon production is expected to reach nearly 2.4 million barrels of oil equivalent per day (mboe/d) in the second quarter of 2026

BP suspends share buybacks to strengthen balance sheet

The British giant posted a $3.4 billion loss in the fourth quarter, compared with a $1.2 billion profit in the previous quarter. The loss included $4.3 billion in adjustments, mainly related to impairments in its gas and low-carbon energy businesses

Shell increases annual profit by 11%

The company reported that its pre-tax income in 2025 decreased by 0.5% to $29.756 billion, while revenue from the sale of property and equipment totaled $1.148 billion, representing a 29.1% year-over-year decline

Petrobras earns USD 6 billion in third quarter

The company’s CFO, Fernando Melgarejo, attributed the profit to an increase in crude output, which helped offset the decline in international prices

BP profits up 48.6% through September

British oil company BP announced a net profit of USD 3.477 billion in the first nine months of 2025, 48.6% higher than in the same period a year earlier, thanks in part to improved performance at its production facilities

Petrobras: Oil and gas production grows 17.3%

Petrobras produced an average of 4.54 million barrels of oil and gas equivalent per day in the third quarter of 2025, 17.3% more than in the same period last year, the company reported

TotalEnergies’ profits fall to lowest level in 4 years

Adjusted net income fell to $3.6 billion for the quarter ending June 30, down from $4.7 billion a year earlier and $4.2 billion in the first quarter