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The most recent oil and gas industry financial headlines.
Malaysia's UMW O&G Incurs a Loss Before Tax of $16.6M in 1Q 2016
Tuesday, May 24, 2016 - UMW Oil & Gas incurs a loss before tax of $16.64 million in the first quarter of 2016, down from a profit before tax of $10.33 million in the previous year.
SDX Raises Funds to Support Egypt Operations
Monday, May 23, 2016 - SDX Energy Inc raises approximately $11 million through a private placement, which will be used to fund its activities in Egypt.
Russian Economy Minister: Gazprom May Buy Own Shares From VEB
Friday, May 20, 2016 - Gazprom might buy some of its own shares from troubled state development bank Vnesheconombank, says Economy Minister Alexei Ulyukayev.
Rosneftegaz Might Pay Interim Dividend If Rosneft Stake Privatized
Friday, May 20, 2016 - Rosneftegaz, which owns 69.5% of Russia's biggest oil producer Rosneft, might pay interim dividends should Rosneft be privatized.
Rosneftegaz Might Pay Interim Dividend If Rosneft Stake Privatized
Friday, May 20, 2016 - Rosneftegaz, which owns 69.5% of Russia's biggest oil producer Rosneft, might pay interim dividends should Rosneft be privatized.
Circle Oil Warns There Could Be Little or No Value Left for Shareholders
Friday, May 20, 2016 - Circle Oil plc warns there could be little or no value left for shareholders, after taking into account its $77.5 million outstanding debt position and the nature of indicative proposals received to date.
Novatek Could Buy Out Shareholders Opposing Yamal Loan Deal
Friday, May 20, 2016 - Novatek recommends buying back shares from those shareholders who do not approve external financing of its Yamal liquefied natural gas project.
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