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Why Some Trading And Smart Contracts Don't Make LNG Hubs Yet

Everyone who has touched upon trading - as the term is understood today - very quickly falls victim to the impression that this casino is the real economy. And that indices, charts, KPI's and financial market performance is all that matters. It does not take l ...

DualEx closes acquisition of Alberta oil & gas assets, private oil & gas companies, and private placement of units

DualEx Energy International Inc. ('DualEx' or the 'Company') (TSXV: DXE) announced that, further to its news release dated September 30, 2016, it has closed the acquisition of producing assets in the Peace River Arch area of northern Alberta, closed the acquis ...

Southwestern Energy announces third quarter 2016 operational update and financial results

Southwestern Energy Company (NYSE: SWN) today announced its financial and operating results for the quarter ended September 30, 2016. 'During the third quarter, we once again delivered on our commitments and delivered solid results through our relentless focu ...

U.S. crude oil imports increase during first half of 2016, the first increase since 2010

Source: U.S. Energy Information Administration, Petroleum Supply Monthly U.S. gross crude oil imports increased by 528,000 barrels per day (b/d), or 7%, during the first half of 2016 compared to the first half of 2015. This increase reverses a multiyear tren ...

Africa Energy acquires 90% interest in Block 2B offshore, Republic of South Africa

Africa Energy Corp. (TSX VENTURE:AFE) is pleased to report that it has closed three transactions resulting in the Company acquiring a 90% participating interest and operatorship in Block 2B offshore the Republic of South Africa. The Company paid US$1 million ...

Oil price, Providence Resources, Hurricane, Sound Energy, Sundry-Eni-SLB/HAL-Shell-And finally...

Oil price It was the dollar what did it, greenback strength prevailed and kept a lid on the oil price that just couldnt break the shackles and make new ground. Make no mistake, the chartists are adamant that breaking through just below 53 bucks will mean anot ...

Finding the right model for Indonesia's oil and gas management

Indonesia has substantial unexplored basins predicted to hold 43.7 billion barrels of crude oil, according to data from the country's Upstream Oil and Gas Taskforce (SKK Migas). But companies are reluctant to fund expensive explorations of new oil fields, whi ...

Amec Foster Wheeler announces changes to director responsibilities

In accordance with Section 9.6.11 of the UK Listing Rules, Amec Foster Wheeler plc announces that further to the previous announcement of Neil Carson's retirement from the Board at the end of December 2016, Colin Day will be appointed Senior Independent Direct ...

Petrofac announces changes to the Board of Directors

Petrofac, the international oil and gas service provider, announces the following changes to its Board of Directors. Chief Financial Officer Further to the announcement on 30 August 2016, the Company is pleased to confirm the appointment of Alastair Cochran ...

Providence Resources successfully defends Transocean's Part 36 costs application

Providence Resources P.l.c. (PVR LN, PRP ID), the Irish based Oil and Gas Exploration Company, today provides an update regarding the litigation between Providence and Transocean Drilling U.K. Limited, a subsidiary of Transocean Ltd, relating to the use of the ...

Schlumberger announces third quarter 2016 results, revenue decreases by 2%

Revenue of $7.0 billion decreased 2% sequentially Pretax operating income of $815 million increased 9% sequentially GAAP EPS was $0.13. Excluding Cameron merger and integration charges, EPS was $0.25 Cash flow from operations was $1.4 billion. Free cash flow ...

Shell divests non-core shale acreage in Western Canada for $1 billion

Royal Dutch Shell plc, through its affiliate Shell Canada Energy today announced it has agreed to sell approximately 206,000 net acres of non-core oil and gas properties in Western Canada to Tourmaline Oil Corp. for a total consideration of approximately $1,03 ...

OMV announces third quarter trading statement

This trading statement provides basic provisional information on the economic environment as well as OMV's performance for the quarter ended September 30, 2016. The OMV Group Q3/16 results will be published on November 9, 2016. The information contained in thi ...

Santos announces third quarter 2016 activities report

Key Highlights: Third quarter sales volumes up 31% to 21.3 mmboe. Santos LNG sales volumes more than doubled to 755,500 tonnes, reflecting the ramp up of GLNG and strong performance at PNG LNG. GLNG produced 1.3 million tonnes of LNG in the quarter and shipped ...
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