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The most recent oil and gas industry financial headlines.
Malaysia's Bumi Armada 1Q 2016 Net Profit Down 67.5% YOY to $5.7M
Tuesday, May 31, 2016 - Malaysia's Bumi Armada posts a net profit of $5.66 million in the first quarter of 2016, down 67.5 percent from $17.42 million in the previous year, while revenue fell 24.7 percent to $104.26 million.
Proxy Firm Backs Oil Search Takeover Of InterOil
Tuesday, May 31, 2016 - A major proxy advisor has backed a $2.2 billion takeover of InterOil by Australia's Oil Search, and recommended InterOil shareholders reject an attempt by the firm's founder to oust the board at a meeting on June 14.
Proxy Firm Backs Oil Search Takeover Of InterOil
Tuesday, May 31, 2016 - A major proxy advisor has backed a $2.2 billion takeover of InterOil by Australia's Oil Search, and recommended InterOil shareholders reject an attempt by the firm's founder to oust the board at a meeting on June 14.
Proxy Firm Backs Oil Search Takeover Of InterOil
Tuesday, May 31, 2016 - A major proxy advisor has backed a $2.2 billion takeover of InterOil by Australia's Oil Search, and recommended InterOil shareholders reject an attempt by the firm's founder to oust the board at a meeting on June 14.
ICSID Orders Petrobangla to Pay Niko $35M It Owed for Gas Deliveries
Tuesday, May 31, 2016 - Niko Resources says the International Centre for Settlement for Investment Dispute (ICSID) has ordered Petrobangla to pay $35.3 million in amount owed to its indirect subsidiary for gas deliveries.
ICSID Orders Petrobangla to Pay Niko $35M It Owed for Gas Deliveries
Tuesday, May 31, 2016 - Niko Resources says the International Centre for Settlement for Investment Dispute (ICSID) has ordered Petrobangla to pay $35.3 million in amount owed to its indirect subsidiary for gas deliveries.
CNPC Plans Backdoor Listing of Engineering Arm Amid Shakeup
Friday, May 27, 2016 - China National Petroleum Corp., the country's biggest oil and gas producer, plans a backdoor listing of its engineering assets through a Shanghai-listed petrochemical material supplier and processor it controls.
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