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EnQuest Profits Slide On Slower Kraken Oilfield Ramp-Up
Thursday, September 07, 2017 EnQuest reports a sharp drop in first-half profits on lower production and delays in ramping up its flagship Kraken oilfield.

Russia's Gazprom 2Q Net Income Drops 80% YOY, Misses Forecast
Tuesday, August 29, 2017 Gazprom says its second-quarter net income fell by more than 80% year-on-year.

Petronas Raises Payout Commitment To Government As Profit Surges
Friday, August 25, 2017 Petronas raises its dividend payment commitment to the government after reporting that second-quarter profit quadrupled because of higher oil prices and improved margins.

India's Reliance To Boost Profit, Naphtha Exports By Using Ethane
Thursday, August 24, 2017 Reliance expects to increase operating profit and naphtha exports as it switches to cheaper ethane at its petrochemical projects, a company executive says.

BHP To Quit US Shale Business As Annual Profit Surges
Tuesday, August 22, 2017 BHP Billiton reported a surge in underlying full-year profits and said it would exit its underperforming US shale oil and gas business.

Oil Search Profit Soars, Focus On Advancing PNG Gas Projects
Tuesday, August 22, 2017 Oil Search expects its partners to agree by year-end on how to coordinate development of their Papua New Guinea gas projects.

Norway's Record July Gas Sales Could Lift Statoil Earnings
Friday, August 18, 2017 Norwegian gas sales hit a record July high, which analysts said would deliver strong quarterly earnings for top producer Statoil.

Dutch Oil Storage Firm Vopak Sees 2017 Profit Down On Lower Occupancy
Friday, August 18, 2017 Vopak says its core profit in 2017 would be lower than last year.

Woodside Sees Qatar Targeting New LNG Buyers With Supply Surge
Wednesday, August 16, 2017 Woodside expects rival Qatar to target the emerging markets of India and Pakistan with a new wave of supply next decade and not cannibalize traditional Asian buyers.

Amec Foster's First-Half Trading Profit Falls, Margins Improve
Thursday, August 10, 2017 Amec Foster Wheeler reports an 8% fall in half-year profit, but stronger margins helped to boost its shares.

Continental Becomes Latest US Shale Producer To Cut Budget
Tuesday, August 08, 2017 Continental Resources cut its 2017 capital budget, the latest US shale oil producer to cut back on drilling and fracking equipment amid tepid crude prices.

Chesapeake To Cut Rig Count, Bring Fewer Wells To Production
Thursday, August 03, 2017 Chesapeake beats quarterly profit estimates, but says it plans to cut its rig count and bring fewer wells into production this year.

Canadian Natural Resources Profit Tops Estimates; Cuts CAPEX
Thursday, August 03, 2017 Canadian Natural Resources posts a higher quarterly profit that topped estimates.

Finnish Oil Refiner Neste Reports Lower Profits, Shares Fall
Thursday, August 03, 2017 Neste reports a drop in 2Q earnings due to expiry of a US biofuel tax break plus the impact of maintenance stoppages at its conventional refineries.

Marathon Oil Cuts Capital Budget After Posting Quarterly Loss
Wednesday, August 02, 2017 Marathon Oil Corp cuts its 2017 capital budget after posting a quarterly loss that fell in line with Wall Street's expectations.

US Oil Refiner HollyFrontier's Profit Tops Estimates
Wednesday, August 02, 2017 HollyFrontier reports a quarterly profit that handily beat analysts' estimates, helped by higher production and refinery margins.

Occidental Petroleum's Profit Beats As Prices For Chemicals Jump
Wednesday, August 02, 2017 Occidental Petroleum Corp posts a better-than-expected quarterly profit.

Shale Drillers Show Few Signs of Slowing as Profits Expand
Wednesday, August 02, 2017 Four of the biggest US drillers said they're not backing away from lofty production targets for 2017.

Rising Gas Output Drags Down Shares Of US Shale Leader Pioneer
Wednesday, August 02, 2017 Shares of Pioneer Natural Resources Co plunged after the US shale producer cut its oil-production growth forecast and said it would pump more natural gas this year, spooking investors.

Pioneer Natural Trims 2017 Budget, Cites Weak Oil Prices
Tuesday, August 01, 2017 Pioneer Natural Resources Co posted a better-than-expected profit, but said it would trim its 2017 capital budget.

CEO: Phillips 66 Processed Less Heavy Crude In 2Q Due To Supply Issues
Tuesday, August 01, 2017 Phillips 66 processed less heavy crude at its nine refineries in the second quarter due to reduced global supply, CEO Greg Garland says.

EOG Resources Profit Disappoints, But Sticks By CAPEX
Tuesday, August 01, 2017 EOG Resources Inc posted a lower-than-expected quarterly profit.

Devon Energy Trims Full-Year Spending
Tuesday, August 01, 2017 Devon Energy trims its full-year exploration spending by $100 million, joining a growing list of US shale producers.

BP Production Growth Boost Shares Despite Profit Drop
Tuesday, August 01, 2017 BP's 2Q profit dipped but beat forecasts after an exploration write-off in Angola.


 
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