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Petrobras Readies Next Buzios Platform After Record Output November 7, 2025
Petrobras is closing out 2025 on a high note, preparing to launch yet another floating production unit at the massive Búzios oil field after setting multiple output records and raising shareholder payouts. The company has confirmed that the P-78 FPSO will begin producing in December, adding up to 180,000 barrels per day of new capacity […]
Oil and Gas Rig Count Ticks Up in the U.S. As Production Hits New High November 7, 2025
The total number of active drilling rigs for oil and gas in the United States rose this week, according to new data that Baker Hughes published on Friday. The total rig count in the US rose to 548 this week, according to Baker Hughes, down 37 from this same time last year. The number of […]
Duke Energy Crushes Q3 Earnings Estimates on Strong Sales November 7, 2025
U.S. electric utility giant Duke Energy (NYSE: DUK) posted consensus-beating earnings for the third quarter as rates and retail sales volumes increased. Duke Energy on Friday reported adjusted earnings per share (EPS) of $1.81 for the third quarter, up by 11% from the same period a year earlier. The earnings also beat the analyst consensus estimate of […]