October 2014
![October 2014](/cache/2014/09/NORVEGIA-1.af608ca3.jpg)
2014, October, 2, 19:50:00
NORWEGIAN ENERGY COMPANY DOWN
Shares in Norwegian Energy Company ASA (NOR. OS) plunged over 70% Wednesday and the oil firms chairman resigned after it warned that it could face problems in meeting its financial commitments.
![October 2014](/cache/2014/09/GE-1.8bce0143.jpg)
2014, October, 2, 19:45:00
GE WILL WORKING IN RUSSIA
U.S. energy company GE will continue working in Sakhalin despite Western sanctions on Russia, the company's vice chairman John Rice told Interfax Monday.
![October 2014](/cache/2014/09/Aker-SOLUTIONS-2.a993c380.jpg)
2014, October, 2, 19:40:00
AKER SOLUTIONS HAS BEEN SPLIT
Aker Solutions started trading on the Oslo stock exchange as a leaner and more streamlined company that will build on its strengths in the subsea and field design markets.
![October 2014](/cache/2014/09/VARCO-6.067e7526.jpg)
2014, October, 2, 19:35:00
NOV ANNOUNCES $3 BLN
National Oilwell Varco, Inc. (NYSE: NOV) announced today that its Board of Directors has authorized a share repurchase program to purchase up to $3 billion of the company's outstanding common stock.
![October 2014](/cache/2014/09/OIL-36.6f7d2f7f.jpg)
2014, October, 2, 19:30:00
ASIA: OIL CHOICE
Asia is getting a greater choice of crude from Alaska North Slope to Venezuela’s Carabobo and Iraqi Basrah Light as the U.S. shale boom cuts American demand for overseas oil.