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The most recent oil and gas industry financial headlines.
American Energy Partners Units Seek Bonds Deals in Oil Slump
Wednesday, May 27, 2015 - Two oil and gas units of Aubrey McClendon's American Energy Partners LP are seeking bond deals after cutbacks in planned production.
Providence Resources Reports $12 Million Loss in 2014
Wednesday, May 27, 2015 - Providence Resources reports a loss of $12.4 million dollars in its preliminary results for the year ended December 31, 2014.
Bumi Armada's 1Q 2015 Net Profit Up 11.2% to $19M, Lifted by FPSO Segment
Wednesday, May 27, 2015 - Bumi Armada posts an 11.2 percent increase in net profit for first quarter 2015 to $18.5 million, with gains due mainly to contributions from its floating production business.
Range Resources Secures Funding Deal with Chinese Investment Group
Tuesday, May 26, 2015 - Range Resources signs Memorandum of Understanding with Beijing Sibo Investment Management, which could unlock up to $35 million of funding.
ONGC Videsh's FY 2015 Net Profit Falls 57% Due Mainly to Lower Oil Prices
Tuesday, May 26, 2015 - ONGC Videsh recorded a 57.16 percent decline in net profit for financial year 2015 that ended March 31 due mainly to lower oil prices.
Eland Sees Reduced Loss
Friday, May 22, 2015 - Eland Oil & Gas reveals a $16-million loss in its full-year results for 2014, which compares favorably to a loss of $26 million in 2013.
Turkmenistan Eyes $3B Investment In Its Caspian Oil, Gas In 2015
Wednesday, May 20, 2015 - Turkmenistan expects foreign companies to invest more than $3 billion in projects on its part of the Caspian Sea shelf this year, a Turkmen government official says.
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