Oil&Gas
2019, November, 1, 13:20:00
SHELL BUYBACK $12 BLN
In aggregate between July 26, 2018 and October 17, 2019, Shell repurchased 390,525,007 ordinary shares for an aggregate consideration of $12 billion (the ‘aggregate previous tranches’).
2019, November, 1, 13:15:00
BAKER HUGHES NET INCOME $57 MLN
Baker Hughes Company (NYSE: BKR) ("Baker Hughes" or the "Company") announced results for the third quarter of 2019.
2019, October, 30, 09:25:00
CONOCO EARNINGS $3 BLN
ConocoPhillips (NYSE: COP) today reported third-quarter 2019 earnings of $3.1 billion, or $2.74 per share, compared with third-quarter 2018 earnings of $1.9 billion, or $1.59 per share. Excluding special items, third-quarter 2019 adjusted earnings were $0.9 billion, or $0.82 per share, compared with third-quarter 2018 adjusted earnings of $1.6 billion, or $1.36 per share. Special items for the current quarter were primarily due to a gain realized on the completed United Kingdom (U.K.) divestiture.
2019, October, 30, 09:20:00
BP PROFIT $2.3 BLN
BP delivered strong operating cash flow and underlying earnings in a quarter that saw lower oil and gas prices and significant hurricane impacts. Our focus remains firmly on maintaining financial discipline and delivering safe and reliable operations throughout BP. We’re also continuing to advance our strategy, making strong progress with our divestment plans and building exciting new opportunities in fast-growing downstream markets in Asia.
2019, October, 30, 09:15:00
NOV VARCO NET LOSS $244 MLN
National Oilwell Varco, Inc. (NYSE: NOV) reported third quarter 2019 revenues of $2.13 billion, compared to $2.13 billion for the second quarter of 2019 and $2.15 billion for the third quarter of 2018.
2019, October, 28, 13:50:00
NORWAY'S FUND $1.09 TLN
23 years ago, the Government Pension Fund Global received the first inflow from the Ministry of Finance of nearly 2 billion kroner. Since then, the fund has grown to 10,000 billion kroner.
2019, October, 28, 13:10:00
SCHLUMBERGER NET LOSS $11.4 BLN
Schlumberger Announces Third-Quarter 2019 Results
Worldwide revenue of $8.5 billion increased 3% sequentially
GAAP loss per share, including charges of $8.65 per share, was $8.22
Cash flow from operations was $1.7 billion and free cash flow was $1.1 billion
2019, October, 28, 13:05:00
U.S. RIGS DOWN 21 TO 830
U.S. Rig Count is down 21 rigs from last week to 830, Canada Rig Count is up 4 rigs from last week to 147
2019, October, 25, 09:10:00
LUKOIL, ARAMCO DEVELOPMENT
Russian crude producer Lukoil is in talks with Saudi Aramco on potential joint projects outside Russia and Saudi Arabia, including some in Africa, CEO Vagit Alekperov said Wednesday on the sidelines of the Russia-Africa Summit in Sochi.
2019, October, 25, 09:05:00
LUKOIL, NNPC COOPERATION
President of PJSC LUKOIL Vagit Alekperov and Nigerian National Petroleum Corporation (NNPC) Group Managing Director Mele K Kyari signed a Memorandum of Understanding between the companies. Memorandum was signed today at the Russia-Africa economic forum in Sochi.
2019, October, 23, 12:20:00
RUSSIA, AFRICA DIALOG
President Vladimir Putin will host the Russia-Africa Summit in Sochi this week as Russia looks to expand its footprint in Africa.
2019, October, 23, 11:25:00
PEMEX BONDS UP
The bonds have rallied to their highest since April 2018 as money managers turn more sanguine about the state oil firm following a $7.5 billion bond sale to refinance its debt, potentially staving off another ratings downgrade. Pemex’s dollar-denominated bonds maturing in 2027 jumped 14% from their November low to 105.4 cents on the dollar, climbing for an eighth consecutive day on Tuesday.
2019, October, 21, 13:05:00
PETROBRAS PRODUCTION UP 16.5%
Petrobras, which has been was completing the installation of seven new floating production units, produced 2.794 million b/d of oil equivalent in the third quarter from domestic fields. Oil and gas output was up 9.5% from the second quarter.
2019, October, 21, 13:00:00
U.S. RIGS DOWN 5 TO 851
U.S. Rig Count is down 5 rigs from last week to 851, Canada Rig Count is down 3 rigs from last week to 143,
2019, October, 18, 11:20:00
UAE INVESTMENT FOR INDIA $4 BLN
This is the next step of BASF’s and Adani’s investment plans as announced in January 2019. With the inclusion of ADNOC and Borealis as potential partners, the parties are examining various structuring options for the chemical complex that will leverage the technical, financial and operational strengths of each company. The total investment is estimated to be up to US$4 billion.