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2014-08-05 18:15:00

SANCTIONS: NOV WARNS RUSSIA

SANCTIONS: NOV WARNS RUSSIA

National Oilwell Varco (NYSE:NOV) warns that economic sanctions against Russia could hurt its results , adding that $60M-$100M of its $5.26B in Q2 sales came from its Russian operations.

"Some or all such sales may be restricted in the future by these sanctions," says NOV.

As of June 30, NOV had a net investment of $140M in Russia.NOV -0.7% AH.

nov.com

Tags: SANCTIONS, RUSSIA, National Oilwell Varco, NOV
SANCTIONS: NOV WARNS RUSSIA October, 15, 12:30:00

OIL PRICE: NEAR $81 ANEW

SANCTIONS: NOV WARNS RUSSIA October, 15, 12:25:00

BAD BOYS: IMF & WBG

SANCTIONS: NOV WARNS RUSSIA October, 15, 12:20:00

U.S. - CHINA NUCLEAR POLICY

SANCTIONS: NOV WARNS RUSSIA October, 15, 12:15:00

U.S. - CHINA NUCLEAR SANCTIONS

SANCTIONS: NOV WARNS RUSSIA October, 15, 12:10:00

IRAN SANCTIONS DOWN

SANCTIONS: NOV WARNS RUSSIA October, 15, 12:05:00

IRAN - S.KOREA OIL DOWN ANEW

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Chronicle:

SANCTIONS: NOV WARNS RUSSIA
2018, October, 15, 12:01:00

GAZPROM - SHELL: BALTIC LNG

GAZPROM - The parties discussed relevant issues related to bilateral cooperation, including the Baltic LNG project. Emphasis was placed on the priority measures aimed at developing a joint design concept (pre-FEED).

SANCTIONS: NOV WARNS RUSSIA
2018, October, 15, 12:00:00

U.S. RIGS UP 11 TO 1,063

BHGE - U.S. Rig Count is up 11 rigs from last week to 1,063, with oil rigs up 8 to 869, gas rigs up 4 to 193, and miscellaneous rigs down 1 to 1. Canada Rig Count is up 13 rigs from last week to 195, with oil rigs up 8 to 127 and gas rigs up 5 to 68.

SANCTIONS: NOV WARNS RUSSIA
2018, October, 12, 11:40:00

OIL PRICE: NEAR $81

REUTERS - Brent crude futures had risen $1.02 cents, or 1.3 percent, to $81.28 a barrel by 0637 GMT. The contract dropped 3.4 percent on Thursday following sharp falls in equity markets and indications that supply concerns have been overblown. U.S. West Texas Intermediate (WTI) crude futures were up 80 cents, or 1.1 percent, at $71.77 a barrel, after a 3 percent fall in the previous session. WTI is on track for a 3.5 percent drop this week.

SANCTIONS: NOV WARNS RUSSIA
2018, October, 12, 11:35:00

OIL PRICES 2018 - 19: $74 - $75

EIA - Brent crude oil spot prices averaged $79 per barrel (b) in September, up $6/b from August. EIA expects Brent spot prices will average $74/b in 2018 and $75/b in 2019. EIA expects West Texas Intermediate (WTI) crude oil prices will average about $6/b lower than Brent prices in 2018 and in 2019.

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