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News
2016, July, 29, 18:40:00
CONOCO NET LOSS $2.54 BLN
ConocoPhillips (NYSE: COP) reported a second-quarter 2016net loss of $1.1 billion,or ($0.86) per share, compared with a second-quarter 2015 net loss of $179 million, or ($0.15) per share. Excluding special items, second-quarter 2016 adjusted earnings were anet loss of $985 million, or ($0.79) per share, compared with second-quarter 2015 adjusted earnings of $81 million, or $0.07 per share. Special items for the current quarter were related to non-cashimpairments in the Lower 48, primarily in the Gulf of Mexico; pension settlement expense; deferred tax adjustments; and a gain onan asset sale.
News
2016, July, 29, 18:35:00
TOTAL NET INCOME $3.7 BLN
"Total captured the benefit of this rebound, and adjusted net income rose to $2.2 billion in the second quarter 2016 (versus the first quarter), an increase of 33 percent compared to the first quarter,"
News
2016, July, 29, 18:30:00
PEMEX NET LOSS $7.7 BLN
Mexican state oil company Petróleos Mexicanos on Thursday said it recorded an after-tax loss of $4.4 billion in the second quarter, as lower oil prices and output hit sales and hefty exchange losses boosted its financial costs.
News
2016, July, 28, 19:00:00
SHELL PROFIT DOWN 72%
"Looking through the cycle, our investment plans and portfolio actions are focused firmly on reshaping Shell into a world-class investment case through stronger, sustained and growing free cash flow per share".
News
2016, July, 28, 18:55:00
TRANSCANADA NET INCOME $365 MLN
TransCanada Corporation (TSX:TRP) (NYSE:TRP) (TransCanada) announced net income attributable to common shares for second quarter 2016 of $365 million or $0.52 per share compared to $429 million or $0.60 per share for the same period in 2015.
News
2016, July, 28, 18:50:00
ANADARKO NET LOSS $1.7 BLN
"Our portfolio continues to perform exceptionally well, and we've continued to significantly reduce our cost structure throughout the year," said Al Walker, Anadarko Chairman, President and CEO.
News
2016, July, 28, 18:45:00
BAKER HUGHES NET LOSS $911 MLN
On a GAAP basis, net loss attributable to Baker Hughes for the second quarter was $911 million, or $2.08 per diluted share, compared to $981 million, or $2.22 per diluted share, in the first quarter of 2016. The second quarter includes charges related to goodwill impairment, asset impairments, restructuring, and inventory, almost entirely offset by the merger termination fee paid to the Company by Halliburton as a result of the termination of the Merger Agreement on April 30, 2016.
News
2016, July, 28, 18:40:00
SUNCOR NET LOSS $735 MLN
Suncor recorded a second quarter 2016 operating loss of $565 million ($0.36 per common share) and cash flow from operations of $916 million ($0.58 per common share), compared to operating earnings of $906 million ($0.63 per common share) and cash flow from operations of $2.155 billion ($1.49 per common share) in the prior year quarter. A net loss of $735 million ($0.46 per common share) was recorded in the second quarter of 2016, compared with net earnings of $729 million ($0.50 per common share) in the prior year quarter.
News
2016, July, 28, 18:35:00
NOV VARCO NET LOSS $336 MLN
National Oilwell Varco, Inc. (NYSE:NOV) reported a second quarter 2016 net loss of $217 million, or $0.58 per share. Excluding other items, net loss for the quarter was $114 million, or $0.30 per share. Other items included $143 million in pre-tax charges ($103 million net of tax) primarily associated with severance, facility closure costs, and write-off of certain fixed assets.
News
2016, July, 28, 18:30:00
STATOIL CUTS $1 BLN
Statoil ASA plans to cut its capital expenditure guidance for 2016 to $12 billion from $13 billion. That includes an exploration guidance reduction to $1.8 billion from $2 billion.
News
2016, July, 27, 19:10:00
ПОЛЕЗНЫЙ ТУРЕЦКИЙ ПОТОК
«Турецкий поток» полностью отвечает интересам Турции, реализация данного проекта сделает поставки газа в эту страну более надежными и выгодными», - пояснил Александр Новак.
News
2016, July, 27, 19:05:00
WBG: 2016: OIL PRICE $43
The World Bank is raising its 2016 forecast for crude oil prices to $43 per barrel from $41 per barrel due to supply outages and robust demand in the second quarter.
News
2016, July, 27, 19:00:00
INDIA HAS FOUND GAS
“Advances like the Bay of Bengal discovery will help unlock the global energy resource potential of gas hydrates as well help define the technology needed to safely produce them,” said Walter Guidroz, USGS Energy Resources Program coordinator.
News
2016, July, 27, 18:55:00
TAP WILL RUN
The so-called TAP, which formally started construction in May, will run for 878 kilometers (550 miles) from Greece's border with Turkey, through Albania and to southern Italy, including a 105-kilometer (65-mile) stretch under the Adriatic Sea. First deliveries to Europe are expected in 2020.
News
2016, July, 27, 18:50:00
NOVATEK PROFIT UP OF 122%
In the first half 2016, our profit amounted to RR 161.9 billion (RR 53.61 per share), representing an increase of 121.7% as compared to the first half 2015.