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The most recent oil and gas industry financial headlines.
Woodside to Issue $1B in Corporate Bonds
Friday, February 27, 2015 - Woodside to issue $1 billion in corporate bonds to help fund its capital and exploration expenditure program.
C. Bank Governor: Low Oil Prices To Hit Investment In Uganda's Oil Sector
Wednesday, February 25, 2015 - The sharp drop in oil prices will likely slow down the flow of investment capital tied to Uganda's emerging hydrocarbons industry, and hurt economic growth, the country's central bank governor says.
Vallianz Posts Net Record Profit of $20.4M in 2014, Lifted by OSV Segment
Wednesday, February 25, 2015 - Vallianz Holdings' net profit rises to a record $20.4 million in 2014, almost twice the $10.3 million from a year ago, with the gains due mainly to contributions from its offshore support vessel chartering operations in the Middle East.
Transocean Shares Poised For Big Move After Results
Tuesday, February 24, 2015 - Transocean shares are expected to move about 8% in either direction following its earnings results.
Activist Investors Dig Deep In Energy Company Bets
Thursday, February 19, 2015 - Elliot Management and Omega Advisors are among activist hedge funds buying stakes in North American oil and gas producers whose stock has fallen because of weaknesses exposed by the collapse of energy prices.
Mexico Central Bank Cuts 2015, 2016 Growth Outlook On Oil Slump
Wednesday, February 18, 2015 - Mexico's central bank revises down its growth outlook for this year and next after a sharp drop in oil prices spur budget cuts and dampen the outlook for an opening of the country's energy sector.
Woodside's 2014 NPAT Up 38% to $2.4B, to Cut 2015 Spending by 15-20%
Wednesday, February 18, 2015 - Woodside's net profit after tax rises to $2.414 billion in 2014, up 38 percent from a year ago, but the company plans to cut investment and operating expenditures by 15-20 percent this year.
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