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KRG Doing All It Can To Ensure IOC Payments Says Deputy Prime Minister
Monday, December 05, 2016 The Kurdistan Regional Government is doing all it can to ensure prompt payments to international oil and gas companies operating in the area, KRG Deputy Prime Minister Qubad Talabani says.
Russia's Lukoil Says Q3 Net Profit Down 12.5% Q-on-Q
Tuesday, November 29, 2016 Russia's No.2 oil producer Lukoil says its 3Q net profit fell 12.5% quarter-on-quarter, while its free cash flow jumped 83.4 percent to 104.5 billion roubles ($1.6 billion).
Mexico To Net $2.9B From Oil Hedge
Thursday, November 24, 2016 Mexico is set to book a $2.9bn gain on its 2016 oil hedging program, marking the second year in a row that the country has netted a multi-billion dollar payout from the options-based commodity hedges.
Gazprom: Long-Term Contracts, New Pricing To Help Boost Revenue
Tuesday, November 22, 2016 Gazprom says a combination of long-term contracts with new pricing mechanisms and forms would allow it to boost revenues and strengthen its market position.
Petronas Profit Jumps Quarter-On-Quarter On Lower Impairment Costs
Wednesday, November 16, 2016 Petroliam Nasional Bhd (Petronas) says its 3Q profit after tax rose to 6.1 billion ringgit ($1.40 billion) from 1.6 billion in the second quarter.
Russia's Russneft Valued At 33.5-223B Rbls For IPO By 2 Banks
Tuesday, November 15, 2016 Russneft, a Russian mid-sized oil producer, was valued at between 33.5 billion roubles and 223 billion roubles ($514.28 million-$3.42 billion) by two banks arranging its initial public offering.
Russia's Bashneft Says Q3 Net Profit Down 68% Quarter on Quarter
Friday, November 11, 2016 Q3 net income of Russia's mid-sized oil producer Bashneft declined 68% quarter-on-quarter to $73.6 million amid weak oil prices.
Oil Major Rosneft Says Q3 Net Profit Down 77%
Friday, November 11, 2016 Russia's largest oil producer Rosneft says its Q3 net profit has fallen by 77% year-on-year.
Canada's Crescent Point Energy Posts Smaller Quarterly Loss
Thursday, November 10, 2016 Canadian oil and gas producer Crescent Point Energy Corp reports a smaller quarterly loss, helped by lower costs.
Engie Sees Year Core Profits At Low End Of Range
Thursday, November 10, 2016 French gas and power group Engie says its EBITDA measure of core earnings fell 2% to $8.4 billion and says its full-year result would be at the lower end of it forecast range.
UAE Energy Firm TAQA Posts Wider Q3 Loss On Oil Price Slump
Wednesday, November 09, 2016 Abu Dhabi National Energy Co (TAQA), the state-owned oil explorer and power supplier, reports a wider loss for the third quarter caused by the drop in oil prices.
Pemex Expects To Post Primary Surplus In 2017 Despite Production Drop
Thursday, November 03, 2016 Pemex will post a primary surplus next year even as crude production continues to decline, the firm says.
Repsol Raises Cost-Savings Target, Cuts Investments
Thursday, November 03, 2016 Repsol reports a higher-than-expected 3Q profit and raises its 2016 cost-savings target by 300 million euros to 1.4 billion euros ($1.56 billion).
Chesapeake Energy Expects To Exit 2017, 2018 With Higher Output
Thursday, November 03, 2016 Chesapeake reports a surprise adjusted profit, helped by lower expenses, and expects to exit the next two years at higher production rates.
Canadian Natural Resources Posts Bigger-Than-Expected Loss
Thursday, November 03, 2016 Canadian Natural Resources Ltd, Canada's largest independent petroleum producer, reports a bigger-than-expected quarterly loss.
Oil Producer Apache Posts Smaller-Than-Expected Loss
Thursday, November 03, 2016 Apache reports a smaller-than-expected quarterly loss as the company's cost-cutting measures helped offset weak oil prices.
Anadarko to Focus on Three Ds in E&P Investment
Wednesday, November 02, 2016 Anadarko officials believe that its future will be driven primarily by investment in oil assets in the Delaware and DJ basins and the deepwater Gulf of Mexico.
Shell, BP Report Positive 3Q Results
Tuesday, November 01, 2016 Shell and BP's latest quarterly updates were defined as largely positive by oil and gas analysts at investment bank Jefferies.
Occidental Petroleum Loss Misses Street Forecast As Output Drops
Tuesday, November 01, 2016 Oxy posts a larger-than-expected quarterly loss, as the Houston-based company curtailed production due to the slump in oil prices.
Anadarko Petroleum Posts Bigger-Than-Expected Loss
Monday, October 31, 2016 Anadarko reports a bigger-than-expected quarterly loss, hurt by lower crude prices.
ExxonMobil's 3Q Earnings Down 38% from a Year Ago
Friday, October 28, 2016 ExxonMobil earned $2.7 billion in the third quarter, down 38% from last year due in part to low commodity prices.
Chevron Profit Drops On Weak Oil Price, But Beats Forecasts
Friday, October 28, 2016 Chevron reports a drop in quarterly profit that still beat expectations.
Pemex Posts Narrower 3Q Loss Despite Falling Prices, Output
Friday, October 28, 2016 Pemex reports a narrower 3Q net loss.
Shale Drilling Technology to Head Overseas in Next Market Upturn
Thursday, October 27, 2016 NOV Chairman, President and CEO Clay Williams expects the next upturn to see drilling technology that enabled the US shale boom to be adopted overseas.
Technip Raises Full-Year Objectives As 3Q Beats Forecast
Thursday, October 27, 2016 Technip raises its full-year 2016 objectives for its subsea division as its revenue and profit beat 3Q expectations.
Statoil Misses 3Q Forecasts, Cuts CAPEX Again
Thursday, October 27, 2016 Statoil cut its 2016 capital expenditure plans again after missing third-quarter earnings forecasts hurt by lower-than-expected output and low oil prices.
MEG Energy Posts Unexpectedly Larger Loss, Cuts Capital Spending
Thursday, October 27, 2016 MEG Energy Corp reports a larger-than-expected loss in the third quarter.
Marathon Petroleum Profit Misses; Strategic Moves Planned
Thursday, October 27, 2016 Marathon Petroleum reports a much smaller-than-expected quarterly profit on lower pricing and says it will place some assets into MPLX Inc.
Husky Energy Cuts 2016 CAPEX For Second Time Amid Oil Slump
Thursday, October 27, 2016 Husky Energy reports a bigger-than-expected quarterly loss and joins larger rival Cenovus Energy in trimming its capital budget for the year.
ConocoPhillips Reports $1B 3Q Loss
Thursday, October 27, 2016 The world's largest independent oil producer reports a $1 billion loss for the third quarter, slightly better than one year ago.
BP, Shell Help Lift Oil-Trading Profitability to 6-Year High
Wednesday, October 26, 2016 The trading arms of Shell and BP enjoyed their best year ever in 2015, helping push the combined gross margins of oil merchants to a six-year high, according to a closely watched report.
Oil Producer Hess Reports Smaller-Than-Expected Loss
Wednesday, October 26, 2016 Hess reports a smaller-than-expected quarterly loss.
Baker Hughes Posts Smaller-Than-Expected Loss As Costs Fall
Tuesday, October 25, 2016 Baker Hughes reports a smaller-than-expected quarterly loss on strict cost control.
GE Cuts Year Revenue Target On Oil, Gas Weakness, Has 3Q Profit Beat
Friday, October 21, 2016 GE beats analyst profit forecasts in the third quarter, but revenue growth remained sluggish, prompting the company to scale back expectations for full-year revenue and profit.
Schlumberger Sees Early Signs Of Recovery In Most Markets
Friday, October 21, 2016 Schlumberger says there were early signs of recovery in industry activity in most parts of the world, as oil prices stabilize after a two-year slump.
Singapore's Keppel Q3 Profit Falls 38% On Weak Rig Orders
Thursday, October 20, 2016 Singaporean conglomerate Keppel Corp posted a 38% fall in third-quarter profit, hurt by weak orders for its rigs due to a slump in oil prices.
Halliburton Posts Surprise Profit As Expenses Fall
Wednesday, October 19, 2016 Halliburton posts a surprise quarterly profit, helped by higher cost cuts, and says it expected a rise in oil prices to boost rig counts.
Singapore's Ezra Seeks Consent To Amend Terms Of 2018 Notes
Tuesday, October 18, 2016 Singapore's Ezra Holdings Ltd is seeking bondholders' consent to amend the terms of $109 million worth of 2018 notes.
Oil Search Q3 Revenue Beats Forecasts
Tuesday, October 18, 2016 Papua New Guinea-focused Oil Search reports a 16% rise in 3Q revenue over the previous quarter, thanks to a rise in oil and gas prices and higher volumes.
Shell's Philippines Unit Prices Up To $404Million IPO At High End Of Range
Friday, October 14, 2016 The Philippine unit of Royal Dutch Shell plc is set to raise up to $404 million after pricing its IPO at the top end of its range.
|Brent Crude Oil :||$54.94/BBL||0.88%|
|Light Crude Oil :||$51.79/BBL||0.21%|
|Natural Gas :||$3.65/MMBtu||6.10%|
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