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Santos' First-Quarter Sales Revenue Drops 13 Percent Share your comments
Santos reported $1.631 billion in sales revenue for the first three months of 2023.
5:33 AM EST | April 21, 2023
Woodside's First-Quarter Revenue Up 81 Percent Year on Year Share your comments
Woodside Energy Group Ltd. reported $4.33 billion in revenue for January to March, an 81 percent surge from the corresponding 2022 quarter.
6:37 AM EST | April 21, 2023
Woodside Warns of $4.3B Post Tax Hit Share your comments
Woodside Petroleum has warned that it expects to take a post-tax hit of $4.37 billion in its financial results for the first half of the year.
3:48 AM EST | July 15, 2020
Santos Set To Resume Dividends Earlier Than Expected, Shares Rise Share your comments
Australia's Santos Ltd says it will resume its dividend payment policy earlier than expected.
2:02 AM EST | June 28, 2018
Chinese Firm Rescinds Takeover Offer For Australia's AWE Share your comments
Bid to buy AWE has been formally withdrawn.
6:28 AM EST | December 05, 2017
Rig Builder Sembcorp Marine 2Q Net Profit Falls 51% Share your comments
Sembcorp Marine posts a 51% fall in second-quarter profit.
5:22 PM EST | July 27, 2017
Malaysia's Petronas Cautious On 2017 Even As Quarterly Profit Doubles Share your comments
Petronas says quarterly profit more than doubled from a year ago.
4:15 PM EST | June 02, 2017
Woodside Q1 Revenue Falls 9% As Heavy Rain Hits Output Share your comments
Woodside Petroleum reports a 9% drop in Q1 revenue on Thursday as production fell, largely due to extremely heavy rainfall.
1:37 AM EST | April 20, 2017
Vietnam's Petrolimex To List At $1.90 Per Share Share your comments
Vietnam's Ho Chi Minh stock exchange has given approval for top fuel importer and distributor Petrolimex to list at 43,200 dong ($1.90) per share.
8:55 AM EST | April 14, 2017
Australia's Origin Energy To Spin Off Oil And Gas Assets In IPO Share your comments
Origin Energy will spin off its interests in conventional oil and gas fields in an initial public offering.
11:57 AM EST | December 05, 2016
Armour Energy Agrees Investment Terms Share your comments
Armour Energy Limited agrees terms with M.H. Carnegie & Co Pty Ltd for a staged investment of up to $17.5 million worth of convertible notes.
1:17 AM EST | November 21, 2016
ICE Proposes Limit On Dubai Oil Futures Positions In 2017 Share your comments
Intercontinental Exchange Inc has proposed limiting the size of positions investors can hold next year when trading Dubai futures, a document issued by the exchange to its members showed.
1:22 AM EST | November 14, 2016
Woodside, Santos Profits Slump, Focus On Cost Cuts Share your comments
Weak oil and gas prices hammered half-year profits at Australia's Woodside Petroleum and Santos Ltd, but investors sent their shares higher as both companies report progress on cost-cutting.
11:59 PM EST | August 18, 2016
Origin Energy's Full-Year Profit Drops 41% Amid Energy Slump Share your comments
Origin Energy's full-year earnings fell 41 percent, missing expectations, as the power producer said it won't pay a final dividend as it seeks to further reduce debt amid the energy price slump.
8:14 PM EST | August 17, 2016
BHP Billiton Books Record Loss, Says Commodity Price 'Free Fall' Over Share your comments
BHP Billiton reports a record $6.4 billion annual loss, hammered by a bad bet on shale, a dam disaster in Brazil and a commodities slump.
12:52 AM EST | August 16, 2016
Santos to Set Aside $1B in Impairment Charge for Queensland's GLNG Project Share your comments
Santos to set aside $1.05 billion in impairment charge for the Gladstone liquefied natural gas (GLNG) project in Queensland, Australia following a review of its key production assets.
6:32 PM EST | August 14, 2016
Australia's Santos Post 2Q 2016 Sales Revenue of $590M, Down 3% YOY Share your comments
Australia's Santos sales revenue fell to $590 million in the second half of 2016, down 3 percent from last year's $611 million.
6:24 PM EST | July 21, 2016
Oil Search Won't Counter Exxon Bid For Gas Explorer InterOil Share your comments
Oil Search declines to submit a counteroffer for Papua New Guinea-focused gas explorer InterOil, leaving Exxon Mobil Corp. to wait and see if Total will challenge its bid alone.
4:48 PM EST | July 20, 2016
Woodside Q2 Revenue Falls 8% On Weaker Oil Prices Share your comments
Woodside reported a 10 percent rise in oil and gas output in the June quarter, while revenue fell 8 percent due to weaker oil prices, but says it expects third quarter revenue to improve.
8:18 PM EST | July 20, 2016
BHP Billiton Cuts Petroleum CAPEX by 44% in FY2017 to $1.4B Share your comments
BHP Billiton cuts oil and gas capital expenditure (CAPEX) by 44 percent in financial year 2017 to $1.4 billion, compared to $2.5 billion in the previous year.
7:12 PM EST | July 19, 2016
Even The Losers May Win As Exxon Outbids Partner For PNG Gas Share your comments
Being outbid by Exxon Mobil Corp. for prized Papua New Guinea natural gas assets might actually be a good thing for Oil Search Ltd.
6:40 PM EST | July 18, 2016
Oil Search Says Exxon Makes 'Superior' Bid for PNG's InterOil Share your comments
ExxonMobil offers superior bid for InterOil, according to Oil Search, which is also in the running for large natural gas reserves in Papua New Guinea and the possibility to export the fuel from the Pacific nation.
4:14 PM EST | July 17, 2016
Sources: Exxon Tops Oil Search's Bid For InterOil Share your comments
ExxonMobil tables an offer to buy InterOil topping the $2.2 billion deal from Australia's Oil Search, according to people familiar with the matter.
4:28 PM EST | July 12, 2016
Australia's Oil Basins Inks Deal with Ochre Group for Financing Support Share your comments
Australia's Oil Basins inks agreement for Ochre Group Holdings to provide advice and financing in developing its upstream portfolio.
8:30 PM EST | July 12, 2016
Australis Oil & Gas Launches IPO in Australia to Raise $22.17M Share your comments
Australis Oil & Gas launches an initial public offering in Australia to raise $22.17 million to help build its upstream asset portfolio.
9:05 PM EST | June 28, 2016
InterOil Says Protest Against Board Won't Impact Takeover Vote Share your comments
Takeover target InterOil Corp says a protest vote against its directors at a shareholders' meeting will have no bearing on an upcoming vote on a $2.2 billion bid for it by Australia's Oil Search.
1:01 AM EST | June 15, 2016
Proxy Firm Backs Oil Search Takeover Of InterOil Share your comments
A major proxy advisor has backed a $2.2 billion takeover of InterOil by Australia's Oil Search, and recommended InterOil shareholders reject an attempt by the firm's founder to oust the board at a meeting on June 14.
9:20 PM EST | May 30, 2016
APPEA Urges Australia's NT to Invest in Onshore Gas Projects, Create Jobs Share your comments
The Australia Petroleum and Production Exploration Association urges Australia's Northern Territory to invest in onshore gas projects to create new jobs for the state economy.
6:34 PM EST | May 24, 2016
Oil Search Boost LNG Push In PNG With $2.2B InterOil Bid Share your comments
Australia's Oil Search agrees a $2.2 billion deal to acquire InterOil in a move that could pave the way for two rival liquefied natural gas projects led by global majors to work together in Papua New Guinea.
5:18 PM EST | May 19, 2016
Source: Australia's Origin Appoints Macquarie For Potential Gas Demerger Share your comments
Origin Energy has appointed Macquarie Capital to advise on a potential spin-off of Origin's gas production businesses, including its $25 billion liquefied natural gas plant, two sources familiar with the matter say.
5:29 PM EST | May 12, 2016
Australia's Matrix Sees a 5% Fall in FY2016 Revenue to $70M Share your comments
Australia's Matrix Composites & Engineering sees around a 5 percent fall in revenue to $69.8 million in financial year 2016 as customers delay orders and project delivery dates.
8:35 PM EST | May 11, 2016
Australia's AWE Rejects Proposed Acquisition by Lone Star Fund Share your comments
AWE rejects Lone Star Fund's proposed acquisition of all shares in the Australian company.
4:30 PM EST | May 10, 2016
Beach Energy Makes $31M in Annual Savings Through Merger with Drillsearch Share your comments
Australia's Beach Energy reports further annual cost savings of $31 million through its merger with Drillsearch Energy.
5:00 PM EST | April 26, 2016
Bumi Armada Files Claim for $284M Over Woodside's FPSO Contract Termination Share your comments
Bumi Armada files claim for $283.5 million in Western Australia's Supreme Court after Woodside terminated the contract for the Armada Claire FPSO.
4:29 PM EST | April 21, 2016
Woodside's 1Q 2016 Sales Revenue Down 30.3% to $982M Share your comments
Woodside posts a 30.3 percent decline in sales revenue for the first quarter of 2016 to $982 million, with the fall due largely to low oil and gas prices.
10:30 PM EST | April 19, 2016
Australia's FAR Raises $45.3M to Fund Offshore Senegal Oil Project Share your comments
Australia's FAR raises $45.3 million to fund its offshore Senegal oil project.
5:51 PM EST | April 14, 2016
Greka Drilling Secures Debt Financing Share your comments
Greka Drilling Limited secures $5 million in loan financing from Guaranty Finance Investors LLC, which it expects to use for working capital purposes.
12:43 AM EST | March 31, 2016
BHP Faces Music on Shale Spurring Speculation Dividend Is Next Share your comments
BHP Billiton says it expects to take a write down of $4.9 billion on the value of its U.S. shale assets due to the tumble in oil prices.
6:19 PM EST | January 14, 2016
Takeover Target Santos Pares Capital Spending, Trims Output Forecast Share your comments
Santos, looking to beef up its balance sheet after knocking back a $5B takeover offer this week, flags it would cut capital spending by a further 10% this year.
9:06 PM EST | October 22, 2015
Platts Includes Oil Terminal, Floating Storage in Pricing Process
Oil pricing agency Platts said on Monday it will include gasoil deliveries to a terminal on Pulau Seraya in Singapore and two fuel oil delivery points in southern Malaysia in its price assessment process for Asian oil products in late September.
8:00 PM EST | September 13, 2015
Australia's Santos Posts 82% Fall in 1H 2015 Net Profit to $27M Share your comments
Santos's first half 2015 net profit fell 82 percent to $27 million, with the decline attributed to lower oil prices and higher exploration expense.
6:03 PM EST | August 20, 2015
Indonesia's Pertamina Says To Only Need Fraction Of Planned Debt Financing Share your comments
Pertamina slashes the amount it plans to raise through long-term debt financing this year after the government paid back some fuel-subsidy money it owed the state energy company.
4:58 AM EST | August 18, 2015
Australia's Santos Denies Plans to Launch Equity Raising Share your comments
Santos denies plans to launch an equity raising, adding that it retains ample liquidity.
3:58 PM EST | August 16, 2015
Mosman Oil and Gas Fails in Bid to Acquire MEO Australia Share your comments
Mosman Oil and Gas fails in bid to acquire MEO Australia.
5:24 PM EST | June 14, 2015
WHL Inks Agreement With Energy Capital Partners to Recapitalize Firm Share your comments
WHL Energy enters agreement with Energy Capital Partners to facilitate a recapitalization of the company.
5:23 PM EST | June 02, 2015
AWE Secures $326M Loan Facility Share your comments
AWE secures a new $326 million loan facility to support the company's growth strategy and development plans.
5:08 PM EST | May 13, 2015
Australia's Tap Oil Conducts Strategic Review of its Asset Portfolio Share your comments
Australia's Tap Oil launches a review of its business and asset base in response to the recent change in market conditions in the oil and gas industry and to maximize value for all shareholders.
3:47 PM EST | March 05, 2015
Woodside to Issue $1B in Corporate Bonds Share your comments
Woodside to issue $1 billion in corporate bonds to help fund its capital and exploration expenditure program.
3:14 PM EST | February 26, 2015
Woodside's 2014 NPAT Up 38% to $2.4B, to Cut 2015 Spending by 15-20% Share your comments
Woodside's net profit after tax rises to $2.414 billion in 2014, up 38 percent from a year ago, but the company plans to cut investment and operating expenditures by 15-20 percent this year.
5:50 PM EST | February 17, 2015
Octanex Agrees to Extend Timeline for Peak Oil & Gas to Repay Debt Share your comments
Australia's Octanex agrees to extend the timeline for debt repayment by Peak Oil & Gas.
4:46 PM EST | January 06, 2015