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2016, March, 3, 18:55:00
ANADARKO SELLS MORE
One of the world’s biggest independent oil and natural gas exploration and production companies, Anadarko said Tuesday it will cut capital expenditures this year to between $2.6 billion and $2.8 billion, from about $5.5 billion last year.
2016, March, 3, 18:50:00
PETRONAS CUTS $12 BLN, 1,000 JOBS
Malaysia’s state-run Petronas plans to reduce capital and operating expenditures by $12 billion over the next 3 years, starting with $3.6-4.8 billion in 2016. The move comes with a companywide reorganization that will result in about 1,000 redundancies.
2016, March, 3, 18:45:00
TESCO NET LOSS $133.8 MLN
Tesco reported revenue of $52.2 million for the fourth quarter ended December 31, 2015, down from $61.4 million, or 15%, in the third quarter of 2015 and down from $134.5 million, or 61%, in the fourth quarter of 2014. The sequential decline in revenue was primarily from lower activity and revenues in North America and Latin America for our rental and AMSS offerings.
2016, February, 28, 20:50:00
NORWEGIAN GAS FOR EUROPE
Citing his support for development of a competitive natural gas market in Europe, Norway's minister of petroleum and energy, Tord Lien, said a well functioning market in Europe is crucial for the maximisation of Norwegian assets. “Gas is there if Europe needs it.”
2016, February, 28, 20:45:00
CANADIAN OIL UP
Despite lower crude oil prices, EIA expects Canadian oil production to continue increasing through 2017. Canadian oil sands projects that were already under construction when prices began to fall in 2014 and that are expected to begin production in the next two years are the main driver of production growth.
2016, February, 28, 20:40:00
OIL PRICE WAS UP
Oil was up from the start of the week after data showing a slide in shale crude output and strong gasoline demand in the United States. Also bolstering prices was a meeting scheduled for mid-March by at least four major oil producers, including Saudi Arabia, to discuss a production freeze at January's highs.
2016, February, 28, 20:35:00
U.S. RIGS DOWN 12
U.S. Rig Count is down 12 rigs from last week to 502, with oil rigs down 13 to 400, and gas rigs up 1 to 102.
Canadian Rig Count is down 31 rigs from last week to 175, with oil rigs down 26 to 83, and gas rigs down 5 to 92.
2016, February, 28, 20:30:00
HALLIBURTON CUTS 5,000 JOBS
Halliburton Co., which provides well-drilling services for oil companies, is cutting 5,000 more jobs as the industry continues to struggle with slumping oil prices.
2016, February, 25, 19:00:00
РОССИЯ - НАДЕЖНЫЙ ПОСТАВЩИК
Россия является надежным поставщиком энергоресурсов для Евросоюза и наши отношения являются взаимовыгодными.
2016, February, 25, 18:55:00
TOUGH OIL TIMES
“Times are tough, you’d almost call them brutal right now,” said Lamar McKay, BP PLC’s deputy chief executive. “But we will adapt. We will make it.”