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Pipeline partnership NuStar Energy LP on Friday reported second-quarter 2015 net income applicable to limited partners of $42.4 million, or 54 cents a unit, compared with $43.6 million, or 56 cents a unit, for the same period a year ago.
Increased oil and natural gas liquids production in North America drove Apache Corp. profits 86 percent in the third quarter to $300 million, the company said Thursday.
Exxon Mobil Corp’s first quarter earnings grew 1 percent, despite declining production and revenues, the world’s largest public company reported Thursday.
Oilfield-services provider Baker Hughes Inc. said Tuesday that third-quarter earnings nearly tripled and revenue hit a record as the company added rigs in Canada and drilling continued to recover in the Gulf of Mexico from last year’s oil spill.
Western lawmakers are asking federal investigators for a detailed accounting of the oil, gas and minerals recently extracted from public lands and waters, as part of what they described as a bid to make sure taxpayers are getting a “fair return” from the development.