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October 2014

October 2014
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
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
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
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
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.