Seplat Energy Plc $SEPL.L, Nigeria's leading oil and gas company, is anticipating a significant increase in revenue for the first half of 2025. The company expects its revenues to surpass last year’s $1.1 billion, fueled by increased production levels.
Petroleos Mexicanos (Pemex), Mexico’s state-owned oil company, continues to face serious challenges, as highlighted by its most recent financial disclosures. In the first quarter of 2025, the company reported further losses, raising concerns and casting doubt on its ability to manage its mounting debts and increase production levels.
PetroChina Co., the leading oil and gas producer in China, has announced a 2% increase in net profit for the past year. This growth occurred despite a decline in energy prices and weakened performance in the company’s refining operations. This article analyzes the latest results from PetroChina and the key factors impacting its financial performance.
Chevron, one of the leading oil producers in the United States, has recently made a significant move by acquiring approximately 4.99% of the common shares of Hess Corp. This event not only validates Chevron's confidence in the successful completion of its planned acquisition of Hess, but it also represents an important investment, as this deal opens new opportunities for the company in the energy sector.