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Total Beats 2Q Expectations Helped By Strong Cash Flow, Costs Cuts
Thursday, July 27, 2017 Total reported 2Q earnings above expectations lifted by strong cash flow and cost cuts that enabled the company to maintain its targets for 2017.

Rig Builder Sembcorp Marine 2Q Net Profit Falls 51%
Thursday, July 27, 2017 Sembcorp Marine posts a 51% fall in second-quarter profit.

Mexico's Pemex Posts Profit For Third Straight Quarter
Thursday, July 27, 2017 Pemex reports a 32.8 billion peso ($1.8 billion) second-quarter profit.

Russia's Novatek Expects 50% CAPEX Growth In 2018, 2019
Thursday, July 27, 2017 Novatek expects capital expenditure to rise by around 50% in 2018 and 2019.

Whiting Petroleum Slashes 2017 Budget After Quarterly Loss
Wednesday, July 26, 2017 Whiting Petroleum slashed its 2017 budget by 14%, the latest company to curtail spending due to weak commodity prices.


  


Hess Slashes 2017 Capital Budget After Quarterly Loss
Wednesday, July 26, 2017 Hess slashes its 2017 capital budget by 4% after posting a wider-than-expected quarterly loss on low crude prices and a dip in production.

Seadrill Warns Again Of Chapter 11 As Extends $14B Debt Talks
Wednesday, July 26, 2017 Seadrill again delayed restructuring its $14 billion in debt and liabilities and reiterated that Chapter 11 bankruptcy was likely.

Mexico's Pemex Says $5B Bond Deal Covers Needs Through 2018
Monday, July 24, 2017 Pemex says that recent bond placements totaling about $5 billion would cover its minimum financing needs through the end of 2018.

Halliburton Sees N. America Rig Count Flattening, Shares Down
Monday, July 24, 2017 Halliburton reported impressive second quarter results but warned the growth in North American rig count was "showing signs of plateauing."

Husky Energy Posts Smaller 2Q Loss On Higher Oil Prices
Friday, July 21, 2017 Husky reports a smaller loss, helped partly by higher oil prices and an increase in production.

Canada's Encana Smashes Profit Estimates, Shares Rise
Friday, July 21, 2017 Encana posts a quarterly profit that handily beat analysts' estimates and raised its full-year core asset production growth forecast.


 
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