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February 2016

February 2016
2016, February, 2, 19:10:00
BP LOSS $6.5 BLN
BP has taken around $1.5 billion in restructuring charges over the past five quarters; this total is expected to approach $2.5 billion by the end of 2016. BP expects to reduce the number of staff and contractor roles in the Upstream segment by around 4,000 during 2016 and by up to 3,000 from the Downstream by the end of 2017.
February 2016
2016, February, 2, 19:05:00
ANADARKO LOSS $6.7 BLN
Anadarko Petroleum Corporation (NYSE: APC) today announced 2015 fourth-quarter results, reporting a net loss attributable to common stockholders of $1.250 billion, or $2.45 per share (diluted). These results include certain items typically excluded by the investment community in published estimates. In total, these items increased the net loss by $954 million, or $1.88 per share (diluted), on an after-tax basis. Cash flow from operating activities in the fourth quarter of 2015 was $257 million, and discretionary cash flow totaled $810 million.
February 2016
2016, February, 2, 19:00:00
ROSNEFT & GE COOPERATION
Rosneft and General Electric signed a long-term cooperation program.
February 2016
2016, February, 2, 18:55:00
GAZPROM WILL UP
Medvedev also downplayed an expected influx of liquefied natural gas to Europe from the United States, saying Gazprom's gas would be cheaper.