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The most recent oil and gas industry financial headlines.
Mexico's Pemex 2nd-Qtr Losses Widen to 52.2B Pesos
Friday, July 25, 2014 - State-owned oil company Pemex reported a wider second quarter loss hurt by higher sales costs, declining asset values and higher taxes, the company said on Friday.
Thai PTTEP 2Q Net Profit Up 55%, Beats Forecast
Friday, July 25, 2014 - PTTEP reports a 55 percent rise in second quarter net profit due to higher petroleum sales and firmer global oil prices.
Sources: Reach Energy Locks in Cornerstones for IPO
Thursday, July 24, 2014 - Malaysia's Reach Energy, a special purpose acquisition company with no existing assets, locked in up to seven cornerstones for its $236.93 million IPO, two sources involved with the deal say.
Schlumberger Second-Quarter Profit Falls 24%
Thursday, July 17, 2014 - Schlumberger, the world's largest oilfield services company, reports a nearly 24% fall in quarterly profit.
Far East Energy Corp.'s Bridge Facility with SCB Extended for 2 Months
Monday, July 14, 2014 - Far East Energy Corp., operator of the Shouyang coalbed methane production sharing contract in China's Shanxi province, receives a further extension of the maturity date of an existing bridge facility with Standard Chartered Bank.
Triyards' 9-Month Net Profit Increases 1% to $21.4M
Friday, July 11, 2014 - Triyards Holdings posts a net profit of $21.4 million for the 9 months ending May 31, a marginal 1 percent rise from a year ago.
WestSide Recommends Shareholders Accept Landbridge's Takeover Offer
Friday, July 04, 2014 - Australia's WestSide recommends that company's shareholders accept Landbridge's takeover offer.