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2015, October, 29, 19:15:00
SHELL LOSS $6.12 BLN
Royal Dutch Shell’s third quarter 2015 earnings, on a current cost of supplies (CCS) basis, were a loss of $6.1 billion compared with a gain of $5.3 billion for the same quarter a year ago.
2015, October, 29, 19:10:00
STATOIL LOSS NOK28.2 BLN
Statoil reported net income in accordance with IFRS of negative NOK 2.8 billion, mainly due to net impairment charges and provisions.
2015, October, 29, 19:05:00
ENI SELLS SAIPEM: €6.5 BLN
Italy’s Eni executed a sale and purchase agreement to sell a 12% stake in Saipem to Fondo Strategico Italiano, as part of a plan designed to collect €6.5 billion.
2015, October, 29, 19:00:00
ENI LOSS €0.95 BLN
Eni net loss: €0.95 billion for the quarter; €0.36 billion in the nine months.
2015, October, 27, 19:30:00
NO LOW OIL PRICES
Countries should not bank on oil prices remaining low when formulating their energy policies, as supplies could tighten from mid-2016 due to a drop in investment and falling U.S. output, a senior industry official said on Monday.
2015, October, 27, 19:25:00
U.S. OIL IMPORTS UP
U.S. imports of foreign oil are rising again after a long decline, as the oil bust forces domestic producers to scale back.
2015, October, 27, 19:20:00
SAUDI DOWN $130 BLN
With oil prices stuck at $50 per barrel, the Saudi Arabia’s annual export income will be around $130 billion lower this year in comparison to last year, Jason Tuvey, Middle East Economist at British economic research and consulting company Capital Economics said in a report obtained by Trend.
2015, October, 27, 19:15:00
U.S. COMPLETIONS DOWN 44%
Estimated total U.S. oil and natural gas well completions decreased by 44 percent in the third quarter of 2015 compared to year-ago levels, according to API's 2015 Quarterly Well Completion Report, Third Quarter.
2015, October, 27, 19:10:00
EUROPE GAS PRICES UP 14%
The outlook of gas supply prices to Europe was adjusted upward by more than 14% to $199 per 1,000 cubic meters for 2015, Russia’s Ministry of Economic Development said on Friday.
2015, October, 27, 19:05:00
CHINA BUYS U.S.:$1.3 BLN
A Chinese holding company signed a letter of intent to purchase oil and gas assets in the Permian basin of West Texas for $1.3 billion through a limited liability partnership.