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Norsk Olje&Gas Expects Drop in NCS Spending after 2014

A high level of activity in the Norwegian petroleum sector in recent years means that Norway has done much better ...

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Shell 3Q Earnings Drop

Royal Dutch Shell’s third quarter 2013 earnings, on a current cost of supplies (CCS) basis, were $4.2 billion ...

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Chevron Sees Quarterly Profit Slide

Chevron Corporation, a California based oil and gas exploration and production company,  today reported earnings of ...

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OGX Cancels FPSOs, Platforms Orders. Shares Drop to ...

OGX, Brazilian oil and gas exploration company, today saw its shares drop to a record low, after issuing a press ...

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Total Reports Drop in Profit (France)

French oil giant Total today reported its adjusted net income for the first quarter of 2013. The group’s ...

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ConocoPhillips 1Q Earnings Drop (USA)

ConocoPhillips today reported first-quarter 2013 earnings of $2.1 billion, or $1.73 per share, compared with ...

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BG’s 4Q Earnings Drop 29 Pct. 2013 Capex Set at ...

BG's 4Q Earnings Drop 29Pct. 2013 Capex Set at $12 Billion

BG Group, a UK-based oil and gas company, today announced that its full year 2012 earnings rose 3% to $4.4 billion. ...

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ConocoPhillips’ 2012 Earnings Drop

ConocoPhillips' 2012 Earnings Drop

ConocoPhillips today reported fourth-quarter 2012 earnings of $1.4 billion, or $1.16 per share, compared with ...

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FOGL Shares Drop on Scotia Well Results (Falkland Islands)

FOGl Shares Drop on Scotia Well Results (Falkland Islands)

Shares in FOGL, the company focused on exploration offshore Falkland Islands, today dropped 42.8 pct after the ...

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Spain: Repsol Reports Drop in 2011 Net Income

Spain: Repsol Reports Drop in 2011 Net Income

Spanish oil company, Repsol, posted a net income of EUR 2.193 billion in 2011, 53.3% lower than that recorded in ...

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Norway: BW Offshore Revenues Drop. Conversion of Two ...

UK: BW Offshore Reports Drop in Revenues. Conversion of Two FPSOs Completed

BW Offshore, the world’s second largest Floating Production Storage and Offloading (FPSO) owner and operator, ...

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Norway: Kvaerner 3Q Revenues Drop on Low Activity Level

Norway: Kvaerner 3Q Revenues Drop on Low Activity Level

Kvaerner had operating revenues of NOK 2 623 million in the third quarter. Earnings before interest, tax, ...

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Cyprus: Prosafe Announces Rig Utilisation Drop

  Operating profit for the first quarter came to USD 14.1 million (USD 40 million). Utilisation of the rigs ...

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Fugro, IPEX Win Deepwater Drop Coring Project in Brazil

Fugro Brasil, along with consortium partner IPEX, has recently been awarded a deep water drop coring project by the ...

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Oil Prices Drop in USA

Crude prices slipped in Asian trade today with a key pipeline supplying oil from Canada to the US expected to ...

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