News Topics: Capital Budget Annoucements
Results18 articles shown
Barclays: Oil, Gas Companies To Spend 6% More In 2014
Monday, December 09, 2013 Oil and gas firms will spend 6.1% more on exploration and production in 2014 than in 2013, according to a Barclays Bank report.
China Private Energy Firm to Invest $4B in Coal-To-Gas
Friday, December 06, 2013 Guagnhui Energy Company will invest $4 billion to turn coal deposits in the Xinjiang region into cleaner-burning gas.
ConocoPhillips Sets 2014 Budget Of $16.7 Billion
Friday, December 06, 2013 ConocoPhillips expects to spend $16.7 billion next year, with more than half earmarked for projects in North America.
TAQA's Moroccan Unit to Launch IPO Dec. 10
Tuesday, December 03, 2013 Abu Dhabi National Energy Company gets the go-ahead to float its Moroccan power subsidiary Jorf Lasfar Energy.
South Georgina JV Raises Exploration Expenditure for Stage 1 by $35M
Friday, November 29, 2013 Central Petroleum and Total raise the Stage 1 exploration expenditure for their South Georgina Basin Joint Venture in Queensland, Australia to $95 million.
Rosneft to Invest $3B in Three East Siberian Fields
Thursday, November 21, 2013 Russian oil producer Rosneft plans to invest around $2.8 billion by 2015 in developing three fields in eastern Siberia.
UK North Sea Breaks Make EnQuest Tax Free to 2018
Friday, November 15, 2013 EnQuest plans to invest $6.4 billion to extend the development of the Kraken field in the North Sea.
Antrim Energy Considering Selling Stake in Causeway Field
Friday, November 15, 2013 Antrim Energy says it is considering selling its stake in the Causeway field in the North Sea amid restrictions on its cash balances and existing loan terms.
Is Oil, Gas Capital Spending Really on the Wane?
Thursday, November 14, 2013 As third-quarter reporting season comes to an end, some European oilfield services firms say capital spending by operators is on the slide, yet medium-term forecasts suggest it will remain strong.
Lobby: Norway's Oil Spending To Ease Back After 2014 Peak
Thursday, November 14, 2013 Norway's oil sector will spend a record $36 billion on investments next year before spending eases back to more modest levels.
Romanian Romgaz Shares Surge in Market Debut
Tuesday, November 12, 2013 Romgaz sale is the biggest flotation attempted by the Romanian government.
Halliburton Raises Dividend As It Trims Oilfield Costs
Wednesday, November 06, 2013 Halliburton boosted its dividend by 20% following plans to boost profit margins in North America by 2%.
Encana to Cut Workforce, Slash Div as Gas Prices Stay Low
Tuesday, November 05, 2013 Encana plans to cut 20 percent of its workforce, slash its dividend and invest nearly three-quarters of its 2014 capital spending budget in more lucrative oil and liquid gas assets.
Lekoil Raises Funds for Nigerian Asset Development
Friday, November 01, 2013 West Africa-focused Lekoil raises $100 million to fund the completion of drilling and testing at its Ogo-1 well and sidetrack, as well as develop the nearby OML 113 license.
Technip Sees Strong 2014 amid Stricter Capex Discipline among Majors
Thursday, October 31, 2013 Technip expects a strong, diversified book of business in 2014 in spite of stricter capital expenditure discipline being shown by oil and gas majors.
Statoil Lifts Exploration Target as Earnings, Output Up
Wednesday, October 30, 2013 Statoil focused on profits over volumes while beating forecasts for both earnings and output in the third quarter.
Gazprom Board Approves 2013 Investments Hike to $32B
Tuesday, October 29, 2013 Gazprom's board increases its investment program for the current year by 46 percent to $32 billion, heightening concerns about the state-run company's efficiency and ability to reign in costs.
VC Fund Targets UK Upstream Tech Firms
Thursday, October 17, 2013 Energy Ventures plans to invest $100 million in UK upstream technology companies next year.