Q2 2025 EARNINGS

Valaris sees numerous opportunities for new rig contracts worldwide

Rigs and Vessels

Shell CEO praises ‘brilliant basics’ drive for upstream business

Finance

Canadian player lowers production guidance after unplanned outage

Production

Technip Energies raises margin guidance despite profits missing forecasts

Finance

OMV boosts free cash flow as earnings meet forecasts

Finance

Subsea7 in good health in lead-up to merger

Finance

Shell beats forecasts despite weaker trading, LNG sales - stock up 2%

Finance

Drilling heavyweight secures $4.8 billion worth of contracts in first half of 2025

Finance

US driller gets green light from Aramco for new rigs

Rigs and Vessels

Eni CEO says major ‘considering’ higher share buybacks target

Finance

Eni top executive reveals timeline to Argentina FID

LNG

TotalEnergies eyes $3.5 billion worth of assets sales and farm-outs

Finance

Eni beats earnings forecasts despite ‘challenging’ macro environment

Finance

Repsol CEO sheds light on options for US upstream transaction

Finance

Restart of $20 billion Mozambique LNG project may be at least two months away

Finance

Energy Explored

In a world awash with information, Upstream helps readers filter out the noise and zero in on what matters in the international energy industry. For nearly three decades, we have been the go-to source for independent news and analysis of the major oil and gas projects shaping the industry and the people behind them. In recent years, we also have chronicled the industry’s efforts to transition to cleaner energy sources.

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