News
2018, October, 26, 12:20:00
CONOCO EARNINGS $1.9 BLN
CONOCOPHILLIPS - ConocoPhillips (NYSE: COP) reported third-quarter 2018 earnings of $1.9 billion, or $1.59 per share, compared with third-quarter 2017 earnings of $0.4 billion, or $0.34 per share. Excluding special items, third-quarter 2018 adjusted earnings were $1.6 billion, or $1.36 per share, compared with third-quarter 2017 adjusted earnings of $0.2 billion, or $0.16 per share. Special items for the current quarter were primarily for amounts recognized from the PDVSA arbitration settlement, partially offset by unrealized losses on Cenovus Energy equity.
2018, October, 26, 12:15:00
EQUINOR NET INCOME $1,666 MLN
EQUINOR - Equinor reports adjusted earnings of USD 4.8 billion and USD 2.0 billion after tax in the third quarter of 2018. IFRS net operating income was USD 4.6 billion and the IFRS net income was USD 1.7 billion.
2018, October, 26, 12:10:00
NOVATEK'S PROFIT RUB 45.9 BLN
NOVATEK - In the third quarter and the nine months of 2018, profit attributable to shareholders of PAO NOVATEK increased to RR 45.9 billion (RR 15.23 per share), or by 21.6%, and to RR 121.1 billion (RR 40.17 per share), or by 8.1%, respectively, as compared to the corresponding periods in 2017.
2018, October, 26, 12:05:00
HUSKY NET EARNINGS $545 MLN
HUSKY ENERGY - Net earnings were $545 million, a 300 percent increase compared to $136 million in Q3 2017. Net debt at the end of the quarter was lowered to $2.6 billion.
2018, October, 26, 12:01:00
NOV VARCO NET INCOME $1 MLN
NOV VARCO - National Oilwell Varco, Inc. (NYSE: NOV) reported third quarter 2018 revenues of $2.15 billion, an increase of two percent compared to the second quarter of 2018 and an increase of 17 percent from the third quarter of 2017. Operating profit for the third quarter of 2018 was $73 million, or 3.4 percent of sales, Adjusted EBITDA (operating profit excluding depreciation and amortization) was $245 million, or 11.4 percent of sales, and net income was $1 million.
2018, October, 24, 11:40:00
OIL PRICE: NEAR $76
REUTERS - Front-month Brent crude oil futures LCOc1 were at $76.52 a barrel at 0658 GMT, up 1 cent from their last close. U.S. West Texas Intermediate (WTI) crude futures CLc1 were weaker, down 10 cents at $66.33 a barrel, pressured by a report by the American Petroleum Institute (API) that U.S. crude stocks rose by 9.9 million barrels in the week to Oct. 19 to 418.4 million barrels.
2018, October, 24, 11:35:00
NO OIL EMBARGO
TASS - Saudi Arabia is a very responsible country, for decades we used our oil policy as responsible economic tool and isolated it from politics. So lets hope that the world would deal with the political crisis, including the one with Saudi citizen in Turkey, with wisdom. And we will exercise our wisdom both in political and economic fronts.
2018, October, 24, 11:25:00
IRAN'S OIL DOWN
EIA - Iran's crude oil exports and production have declined since the May 2018 announcement by the United States that it would withdraw from the Joint Comprehensive Plan of Action (JCPOA) and reinstate sanctions against Iran.
2018, October, 24, 11:20:00
U.S. - UZBEKISTAN PARTNERSHIP
U.S. DC - When contracting with U.S. companies on public tenders, the citizens of Uzbekistan can be guaranteed that there are no shady deals involved. The 1977 Foreign Corrupt Practices Act prohibits U.S. companies from engaging in any type of corrupt practice to win contracts. The law is strictly enforced by the U.S. Department of Justice and has been instrumental in fighting corruption.
2018, October, 24, 11:15:00
SAUDIS - PAKISTAN SUPPORT: $6 BLN
REUTERS - Saudi Arabia has agreed to give Pakistan $3 billion in foreign currency support for a year and a further loan worth up to $3 billion in deferred payments for oil imports to help stave off a current account crisis, Pakistan’s government said on Tuesday.
2018, October, 24, 11:10:00
ROSNEFT - EXXON LNG
REUTERS - Russia’s Rosneft (ROSN.MM) and U.S. ExxonMobil (XOM.N) plan to build a liquefied natural gas (LNG) plant in a consortium with Indian and Japanese partners, spreading the estimated $15 billion cost, two sources familiar with the talks said.
2018, October, 24, 11:05:00
KAZAKHSTAN'S URANIUM PRODUCTION : 21,600 MT
PLATTS - Kazakhstan plans to produce a total of 21,600 mt of uranium in 2018, a decrease of almost 20% compared with the previously forecast 27,000 mt, Riaz Rizvi, Kazatomprom's chief commercial officer said.
2018, October, 24, 11:00:00
HALLIBURTON NET INCOME $435 MLN
HALLIBURTON - Halliburton Company (NYSE:HAL) announced today income from continuing operations of $435 million, or $0.50 per diluted share, for the third quarter of 2018. This compares to income from continuing operations for the second quarter of 2018 of $511 million, or $0.58 per diluted share. Operating income was $716 million during the third quarter of 2018, compared to operating income of $789 million in the second quarter of 2018.
2018, October, 22, 12:30:00
IRAN'S OIL REVENUES UP 25%
SHANA - Iranian Minister of Petroleum Bijan Zangeneh said the country’s petroleum revenues had exceeded expectations by 25 percent in the first half of the current Iranian calendar year which began on March 21.
2018, October, 22, 12:25:00
OIL PRICE: NEAR $80 AGAIN
REUTERS - Benchmark Brent crude oil futures LCOc1 were at $80.26 a barrel at 0646 GMT, up 48 cents, or 0.6 percent, above their last close. U.S. West Texas Intermediate (WTI) crude futures CLc1 were at $69.60 a barrel, up 48 cents, or 0.7 percent.