Four oil and gas companies reported a 17.5% decline in revenue for the 2025 fiscal year, attributed to costs of sales.
According to a report, four oil and gas companies experienced a 17.5% revenue decline in the 2025 fiscal year. This downturn was linked to the cost of sales. The companies were not named in the available information. This development highlights challenges in the sector amid rising operational expenses.
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Tesla reported its first annual revenue decline in 2025, down 3% to $94.8 billion amid EV weakness, but its energy storage business hit a record 46.7 GWh deployments, driving 26.6% revenue growth to $12.8 billion with 29.8% margins. The segment's success highlighted a strategic pivot to AI, robotics, and energy, though 2026 faces margin pressures from competition and policy shifts. Shares rose 3% after hours.
Three major Japanese convenience store operators have reported growth in group operating profits for the March-November 2025 period. Seven & I Holdings, Lawson, and FamilyMart each posted gains driven by various strategies.
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South Korea's third-largest refiner S-Oil reported a net profit in the fourth quarter, attributing the turnaround to a weakening Korean won. The October-December net profit reached 265 billion won, reversing a 131.7 billion won loss from a year earlier. Operating profit rose 90.9 percent year-on-year to 424.5 billion won.
LG Electronics reported an operating loss of 109.4 billion won ($75.2 million) for the fourth quarter of 2025, swinging from a profit the year before due to U.S. tariffs and weak demand. Annual revenue hit a record 89.2 trillion won, up 1.7%, but operating profit fell 27.5% to 2.48 trillion won.
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A report from clean energy think tank E2 reveals that the United States abandoned at least $35 billion in clean energy projects last year, driven by policies under the Trump administration. This marks a sharp reversal from prior growth, with cancellations outpacing new investments threefold. The electric vehicle and battery sectors bore the brunt, losing an estimated 48,000 potential jobs.
Tigo Energy, a solar energy solutions company, saw its fiscal year 2025 revenues increase by 91.7% year-over-year. The firm's fourth-quarter net income rose 329% from the previous year, while its annual net loss decreased significantly. Analysts rate the stock as a buy due to its growth trajectory and undervaluation.
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The National Institute of Statistics and Censuses (INDEC) reported that the utilization of installed capacity in the manufacturing industry reached 61.0% in October 2025. This marks a decline of 2 percentage points from the same month in 2024 and 0.1 points from September. The textile sector saw the largest year-over-year drop.