Finance News

Unique Group, global innovators in subsea technologies and engineering, has announced a 30% growth in revenue reflecting a strong financial performance in 2022. It has also invested 5 million USD for Research and Development (R&D) of new technology, thus strengthening its manufacturing and product portfolio.

Aramco has announced the creation of a $1.5 billion Sustainability Fund to invest in technology that can support a stable and inclusive energy transition. It was unveiled at the sixth edition of the Future Investment Initiative (FII) and is among the largest sustainability-focused venture capital funds globally.

Equinor delivered adjusted earnings* of USD 24.3 billion and USD 6.72 billion after tax in the third quarter of 2022. Net operating income was USD 26.1 billion and the net income was reported at USD 9.37 billion.

Chevron Corporation reports earnings of $11.2 billion ($5.78 per share - diluted) for third quarter 2022, compared with $6.1 billion ($3.19 per share - diluted) in third quarter 2021. Included in the current quarter were pension settlement costs of $177 million. Foreign currency effects increased earnings by $624 million.

In 2021, Equinor paid USD 8.9 billion dollars in corporate tax to authorities. Through the tax contribution report, Equinor seeks to increase transparency on tax payments and principles.

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