Finance & Investing Home


Finance News
The most recent oil and gas industry financial headlines.
Technip Swings to Loss As Oil Industry Downturn Lasts
Thursday, July 30, 2015 - Technip swings to a loss in the second quarter after Europe's biggest oil-services provider took a writedown amid an industry downturn it expects to last for longer than anticipated.
Kazakh Wealth Fund to Sell 10% in State Oil Firm KMG to Central Bank
Wednesday, July 29, 2015 - Kazakhstan's sovereign wealth fund will see 10 percent of its shares in state oil firm KazMunaiGas to the country's central bank.
Samsung Heavy Reports Quarterly Operating Loss of $1.3B
Wednesday, July 29, 2015 - Samsung Heavy Industries Co., South Korea’s third-largest shipbuilder, reports an operating loss of $1.3 billion in the second quarter, far worse than analysts were expecting.
SBM Completes $1.55B Financing of FPSO Cidade de Saquarema
Tuesday, July 28, 2015 - SBM Offshore completes $1.55 billion financing of FPSO Cidade de Saquarema, which will deploy for work in the Lula field offshore Brazil when ready.
Default Worries Close Bond Market Door To E&P Names
Friday, July 24, 2015 - US oil exploration and production firms are again seeing their access to debt capital markets shrink, after a slide in oil prices put worries about defaults back on the radar.
Thai PTTEP 2Q Profit Plunges on Forex, Oil Hedging Losses
Thursday, July 23, 2015 - PTT Exploration and Production PCL (PTTEP), Thailand's largest oil and gas explorer, says its second quarter net profit slumped 94 percent, dragged by a fall in revenue, and foreign exchange and oil hedging losses.
PGS Reveals $80 Million Year-on-Year Revenue Loss in 2Q 2015
Thursday, July 23, 2015 - PGS reveals a revenue loss of over $80 Million in 2Q 2015, compared to the same period last year.
more financial news >>

Events  SUBSCRIBE TO OUR NEWSLETTER

Our Privacy Pledge
SUBSCRIBE
Most Popular Articles
Brent Crude Oil : $53.38/BBL 0.15%
Light Crude Oil : $48.79/BBL 1.68%
Natural Gas : $2.89/MMBtu 2.48%
Updated in last 24 hours