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Austria's OMV Says Iran Owes It $48 MM
Thursday, May 25, 2017 The National Iranian Oil Company (NIOC) still owes Austrian oil and gas group OMV $48 million, OMV's exploration and production chief Johann Pleininger says.

Seadrill CEO Praises Workforce
Wednesday, May 24, 2017 Seadrill Limited is well positioned in the current market, thanks in part to its highly skilled workforce, the company's CEO, Per Wullf, says.

Malaysia's Petronas Chemicals Posts Higher Profit
Monday, May 15, 2017 "Petrochemical product prices have risen in tandem and demand has also shown some improvement," CEO Sazali Hamzah said in a statement.

Noble Group Reports Big Loss, Founder Elman Steps Down As Exec Chairman
Thursday, May 11, 2017 Noble Group Ltd reports a quarterly loss that pummelled its shares by as much as 33%.

Rosneft Net Income Lower Than Expected, Hit By Stronger Rouble
Friday, May 05, 2017 Rosneft posts a worse than expected rise in first-quarter net income, hit by a stronger rouble despite higher output and crude prices.

Husky Posts Profit, Will Wait On Reinstating Dividend
Friday, May 05, 2017 Husky Energy reports a first-quarter profit that slightly beat analyst forecasts, but said it would wait before deciding whether to reinstate its dividend given the instability in the oil market.

Marathon Oil's Loss Smaller Than Expected On Higher Crude Prices
Friday, May 05, 2017 Marathon Oil reports a smaller-than-expected quarterly loss.

Apache Raises North America Output Forecast, Swings To Profit
Thursday, May 04, 2017 Apache swings to a first-quarter profit on higher oil prices and one-time property sales.

Shell's Profit Surges as Oil Sector Rebounds
Thursday, May 04, 2017 Royal Dutch Shell said net profit more than doubled in the first quarter, joining its peers in beating analyst forecasts as rebounding oil prices and refining margins lifted revenue after a near three-year downturn.

Occidental Profit Beats; Shares Fall On Weak Output Forecast
Thursday, May 04, 2017 Occidental Petroleum's quarterly profit beats estimates but the company's shares fall to a near eight-year low.

HollyFrontier Posts Bigger-than-expected Loss as Costs Rise
Wednesday, May 03, 2017 U.S. refiner HollyFrontier Corp reported a bigger-than-expected quarterly loss, hurt by a 61 percent rise in operating costs.

Pioneer Natural Resources Reports Strong Results; Forecast Disappoints
Wednesday, May 03, 2017 Pioneer Natural Resources reports a better-than-expected adjusted profit.

Mexico's Pemex Posts First Quarterly Profit In Five Years
Wednesday, May 03, 2017 Pemex reported a first quarter net profit of $4.7 billion, the firm's first quarterly profit since 2012.

Big Short Position on Biofuels Generated Profit for Icahn's Refiner
Tuesday, May 02, 2017 Carl Icahn's big bet on falling prices for biofuels credits generated a rare profit in that area last quarter for the billionaire investor's refining company CVR Energy, according to public filings.

BP's Profit Triples On Higher Oil Prices And Output
Tuesday, May 02, 2017 BP's profit nearly tripled in the first quarter of 2017 from a year earlier.

ConocoPhillips Posts Surprise Loss On Higher-Than-Expected Costs
Tuesday, May 02, 2017 ConocoPhillips reports a surprise quarterly loss as operating costs came in higher than Street estimates.

Anadarko Petroleum Posts Bigger-Than-Expected Loss As Costs Rise
Tuesday, May 02, 2017 Anadarko reports a bigger-than-expected quarterly loss.

Diamond Offshore's Profit Beats Estimates On Lower Costs
Monday, May 01, 2017 Diamond Offshore Drilling reports a higher-than-expected quarterly profit, helped by lower costs.

Profit Leaps 80 Pct at Saudiís SABIC in Q1 as Product Prices Improve
Monday, May 01, 2017 Net profit at Saudi Basic Industries Corp (SABIC), one of the world's biggest petrochemical producers, jumped 80 percent from a year earlier in the first quarter of 2017 on the back of higher sales prices for its products.

Surging Chevron, ExxonMobil Profits Signal Oil Industry Turnaround
Friday, April 28, 2017 Rising crude prices helped Chevron and ExxonMobil easily beat Wall Street's profit expectations.

France's Total Approves First Project Since 2014 As Profits Surge
Thursday, April 27, 2017 Total gives the go-ahead to develop its first major project since 2014 after reporting a sharp rise in quarterly profit.

World's Top Two Shipyards Signal More Orders as Earnings Improve
Thursday, April 27, 2017 The world's two biggest shipbuilders reported profit and issued an improved outlook.

Marathon Petroleum Posts Surprise Profit as Refining Margins Rise
Thursday, April 27, 2017 Refiner Marathon Petroleum Corp reported a surprise quarterly profit on Thursday as refining margins jumped 18 percent despite challenging market conditions.

Anadarko Shares Fall After Colorado Blast Prompts Well Closings
Thursday, April 27, 2017 Anadarko drops the most since August after the oil and natural gas explorer said it will shut more than 3,000 Colorado wells as part of an investigation into a deadly house explosion.

Dow Chemical Boosts Plastics Sales Ahead of Merger and Split
Thursday, April 27, 2017 Dow Chemical Co. first-quarter sales from plastics jumped, demonstrating continued strength in a business that will be the core of a new company following a historic merger with DuPont Co. and subsequent three-way split.

Hess Reports Smaller Loss As Oil Prices Rise, Costs Fall
Wednesday, April 26, 2017 Hess reports a smaller quarterly loss as a rise in oil prices and fall in costs helped the US oil producer offset a drop in production.

Cenovus Energy Posts Smaller-Than-Expected Quarterly Loss
Wednesday, April 26, 2017 Cenovus Energy reports a smaller-than-expected quarterly loss as operating costs fell, while oil sands production rose.

Baker Hughes Expects N. America Revenue To Rise In 2Q
Tuesday, April 25, 2017 Baker Hughes expects revenue from North America to rise in the current quarter from the first as oil producers drill more onshore wells.

Schlumberger Expects Reactivation Costs To Squeeze Margins
Friday, April 21, 2017 Schlumberger says a ramp up in drilling activity in North America boosted pricing for its services, but the cost of reactivating equipment idled during the downturn dragged down margins.

Woodside Q1 Revenue Falls 9% As Heavy Rain Hits Output
Thursday, April 20, 2017 Woodside Petroleum reports a 9% drop in Q1 revenue on Thursday as production fell, largely due to extremely heavy rainfall.

Singapore's Keppel Posts Higher Profit, But Offshore Business Still Bleak
Thursday, April 20, 2017 Singapore's Keppel Corp posts its first year-on-year rise in quarterly profits since early 2015, helped by improved earnings from infrastructure and investments.

OMV's Q1 Refining Margin Falls Q/Q To $5.42/Bbl
Tuesday, April 11, 2017 OMV's refining margin fell to $5.42 per barrel in the first quarter.

Petrochina Sees Lower Q1 Profit On Qtr, But Turnaround From Year Ago
Friday, April 07, 2017 PetroChina expects a first-quarter profit of 5-6 billion yuan ($724.8-$869.8 million), down slightly from the preceding quarter, but a turnaround from a huge loss a year earlier.

BP Cuts CEO's Pay Package After Shareholder Backlash
Thursday, April 06, 2017 BP trims Chief Executive Bob Dudley's annual remuneration package by almost $8 million to $11.6 million.

Gulf Keystone Trims Annual Loss After Debt-For-Equity Deal
Thursday, April 06, 2017 Gulf Keystone Petroleum, an oil producer in Iraq's Kurdistan region, cut its annual pretax loss to $17 million last year after a debt-for-equity deal saved it from going under.

Seadrill Drops to Record Low After Warning on Shareholder Losses
Tuesday, April 04, 2017 Seadrill fell 38% after warning its shareholders and bond investors they can expect steep losses.

Petrochina 2016 Profit Sinks 78% On Lower Crude Prices
Thursday, March 30, 2017 PetroChina reports a drop of 78% in 2016 annual net profit, as it was hit by lower prices for crude oil and natural gas.

Israel's Delek Targets Global Energy Expansion After Profit Jump
Thursday, March 30, 2017 Israel's Delek Group says its quarterly profit was boosted by the sale of 2 natural gas sites and higher income from its exploration and production operations.

Genel Targets Turkey Gas Deal This Year To Overcome Oil Troubles
Thursday, March 30, 2017 Genel Energy expects to strike a gas-export partnership deal with Turkey Energy Company this year, as it tries to overcome setbacks in oil exploration.


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