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Upstream

Upstream
2016, March, 25, 19:20:00

U.S. VS BP: $20 BLN

Federal lawyers on Tuesday formally asked a judge in New Orleans to approve a record-breaking $20 billion-plus settlement agreement announced last July by the Department of Justice and five Gulf Coast states to resolve years of legal fighting about the 2010 Gulf oil spill.

Upstream
2016, March, 25, 19:05:00

KCA DEUTAG LOSS $144.4 MLN

Revenue during the year fell by 20.9% to $1,668.8 million (2014: $2,110.9 million) reflecting activity reductions as spending by our customers has reduced, pricing pressures, reduced spend on reimbursable type contracts and changes in mix between our business units. EBITDA decreased by 7.9% to $289.8 million over the same period as the impact of these lower revenues was offset by significant reductions made to our cost base.

Upstream
2016, March, 25, 19:00:00

U.S. RIGS DOWN 12

U.S. Rig Count is down 12 rigs from last week to 464, with oil rigs down 15 to 372, and gas rigs up 3 to 92. Canadian Rig Count is down 14 rigs from last week to 55, with oil rigs down 1 to 11, and gas rigs down 13 to 44.

Upstream
2016, March, 22, 19:05:00

THE LOWEST U.S. RIGS

The total US rig count, which on Friday stood at 476, is now at its lowest point ever in the 67-year history of the Baker Hughes numbers, according to data released by the oilfield service company.

Upstream
2016, March, 19, 18:45:00

U.S. RIGS DOWN 4

U.S. Rig Count is down 4 rigs from last week to 476, with oil rigs up 1 to 387, and gas rigs down 5 to 89. Canadian Rig Count is down 29 rigs from last week to 69, with oil rigs down 16 to 12, and gas rigs down 13 to 57.

Upstream
2016, March, 15, 19:20:00

ИРАН ПРИГЛАШАЕТ В ПРОЕКТЫ

Иран приглашает российские нефтяные компании в проекты по повышению эффективности действующих месторождений и в разработке новых проектов. В настоящее время российская сторона ожидает предоставления условий нового контракта.

Upstream
2016, March, 15, 19:00:00

AMERICAN ENERGY SECURITY

This is American energy security, American jobs, U.S. government revenue and American GDP tied up by political red tape. This is a once in a generation opportunity, stuck, off limits to future generations as it waits for forward-looking energy policy.

Upstream
2016, March, 12, 11:25:00

U.S. RIGS DOWN 9

U.S. Rig Count is down 9 rigs from last week to 480, with oil rigs down 6 to 386, and gas rigs down 3 to 94. Canadian Rig Count is down 31 rigs from last week to 98, with oil rigs down 22 to 28, and gas rigs down 9 to 70.

Upstream
2016, March, 12, 11:15:00

IRAN NEED TECHNOLOGY

“We need contracts, tenders and technology,” he said, describing Iran as a “garden” in need of nourishment. “Money for the Iranian economy is like water.”

Upstream
2016, March, 12, 11:10:00

$40 BLN FOR INDIA

Government said on Thursday it hoped to unlock gas and oil resources worth almost $40 billion by simplifying licensing rules and offering price incentives to recover gas from difficult offshore fields.

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