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Finance News
The most recent oil and gas industry financial headlines.
Thailand's PTTEP Slips to 4Q Net Loss as Weak Oil Prices Weigh
Thursday, January 29, 2015 - PTTEP, Thailand's largest oil and gas explorer, reports its first quarterly net loss in more than a decade, mainly due to higher impairment loss on assets after declines in global oil prices.
Small Oil Firms Hunt For Cash As Crude Slump Shuts IPO Door
Tuesday, January 20, 2015 - Slumping oil prices are shutting the door to stock market listings for small oil and gas firms, forcing many to tap more costly forms of financing or to shelve projects and wait for better times.
Reliance Posts 2.9% Fall in Oil, Gas Revenue to $460.2M in 3Q FY 2015
Monday, January 19, 2015 - Reliance's oil and gas exploration and production segment posts a 2.9 percent decline in revenue for third quarter 2015 that ended Dec. 31, 2014.
Rig Maker Lamprell Expects 2015 Revenue Below Current View
Monday, January 12, 2015 - Rig-maker Lamprell says the slump in oil prices hurt its ability to secure new business, and that it expects its revenue for this year would be about 10 percent below current expectations.
Sources: Petronas May Slash Domestic Investment 30% as Crude Slumps
Thursday, January 08, 2015 - Petronas may slash capital expenditure even more than it has signalled because the continuing rout in oil prices has hurt revenue, with domestic spending facing cuts of about 30 percent, sources say.
EMAS Offshore Posts Net Profit of $148M in 1Q 2015, Up from $13M a Year Ago
Thursday, January 08, 2015 - EMAS Offshore posts net profit of $148.4 million for the first quarter of financial year 2015 that ended Nov. 30, 2014, up from $13 million in the previous year.
EMAS Offshore Posts Net Profit of $148M in 1Q 2015, Up from $13M a Year Ago
Thursday, January 08, 2015 - EMAS Offshore posts net profit of $148.4 million for the first quarter of financial year 2015 that ended Nov. 30, 2014, up from $13 million in the previous year.
more financial news >>

Commodities
Natural Gas
6 days 1 month 3 months 6 months 1 year
Jan 30Jan 29
Brent Crude Oil $52.99$49.13
Light Crude Oil $48.24$44.53
Natural Gas $2.69$2.72
Unleaded Gasoline $1.42$1.35