Search results for: 46 pct

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  • 29 April 2015

    Italian oil company Eni reported its adjusted net profit for the first quarter of 2015 was €0.65 billion, down 46% from the first quarter 2014, due to lower operating profit. The company’s adjusted operating profit was €1.57 billion which down by 55% from the first quarter of 2014, driven by sharply lower oil prices, only partly offset […]

  • 30 April 2015

    Exxon Mobil Corporation, a U.S.-based oil major, today announced estimated first quarter 2015 earnings of $4.9 billion, a 46 percent drop compared with $9.1 billion a year earlier. The U.S. Upstream operations recorded a loss of $52 million, down $1.3 billion from the first quarter of 2014. Non-U.S. Upstream earnings were $2.9 billion, down $3.6 billion […]

  • 26 August 2011
    Business & Finance

    Ithaca Energy Inc. and its wholly owned subsidiary Ithaca Energy, announces that further to announcements on April 4, 2011 and May 16, 2011, the Company has completed the transaction to acquire a 28.46% non-operated interest in the Cook oil field from Hess Limited. At completion of the transaction, Ithaca paid an adjusted cash consideration of […]

  • 4 January 2018

    India has made a step forward in enticing more investors to support the development of its port sector.

  • 4 February 2016

    Weatherford International, an oil and gas services company, is planning to reduce its headcount by another 6,000 after 14,000 had already been laid off in 2015 due to low activity levels.  In the 4Q 2015 results report on Wednesday, Weatherford said that due to severe market contraction, the company is managing what it can control. In 2015, […]

  • 9 March 2018

    The average seafarer happiness level in the fourth quarter of 2017 was 6.25 out of 10.

  • 20 February 2019
    Business & Finance

    d’Amico International Shipping has, through its JV, sold a 2009-built MR product tanker for USD 16.4 million.

  • 4 May 2015
    Vessels

    ABS, the provider of maritime and offshore classification services, said it has captured more than 31 pct of the LNG carrier order book and 23 pct of the very large LPG carriers on order in 2014. In 2014, the ABS-classed fleet grew by more than 7 percent year-on-year to 221 million gross tons, the classification society […]

  • 4 May 2015
    Vessels

    ABS, the provider of maritime and offshore classification services, said it has captured more than 31 pct of the LNG carrier order book and 23 pct of the very large LPG carriers on order in 2014. In 2014, the ABS-classed fleet grew by more than 7 percent year-on-year to 221 million gross tons, the classification society […]

  • 9 December 2011

    SCF Sovcomflot (SCF Group) reported results for the nine month period ended 30 September 2011. SCF Highlights – Gross revenues USD 1,075.6 million (+ 7.9 pct) – Time charter equivalent (TCE) revenues USD 697.3 million (-3.5 pct) – EBITDA USD 361.0 million (-13.7 pct) – Net profit USD 46.6 million (-53.5 pct) – Debt to […]

  • 9 December 2011
    Business & Finance

    SCF Sovcomflot (SCF Group) reported results for the nine month period ended 30 September 2011. SCF Highlights – Gross revenues USD 1,075.6 million (+ 7.9 pct) – Time charter equivalent (TCE) revenues USD 697.3 million (-3.5 pct) – EBITDA USD 361.0 million (-13.7 pct) – Net profit USD 46.6 million (-53.5 pct) – Debt to […]

  • 15 October 2018

    The Port of Corpus Christi unfazed by the ongoing trade war between the U.S. and China.

  • 22 April 2018
    Business & Finance, Rules & Regulation

    Hapag-Lloyd is planning to cut its CO2 footprint by 20 percent by 2020.

  • 9 May 2018
    Business & Finance

    Greek shipowner DryShips signed sale and leaseback agreements for six bulkers with Chinese lenders.

  • 27 September 2012
    Authorities & Government, Research & Development

    Energy Trends and Quarterly Energy Prices publications are published today 27 September 2012 by the Department of Energy and Climate Change. Energy Trends covers statistics on energy production and consumption, in total and by fuel, and provides an analysis of the year on year changes, and now includes a section on renewables. Quarterly Energy Prices […]

  • 7 March 2018
    Rules & Regulation

    U.S ports likely to be negatively impacted by the trade tariffs being proposed by the Trump Administration.

  • 31 July 2014

    BG Group’s LNG Shipping & Marketing business earned $749 million in the second quarter of 2014, up 44 pct as compared to 2013. Revenue and other operating income was 46% higher reflecting a 29% increase in delivered volumes and favourable pricing resulting from higher realised prices in Asian and South American markets. Revenues in 2013 also included […]

  • 12 November 2012
    Business & Finance

    APM Terminals’ result for the period was affected by the slowdown in the major Asia-Europe trade lane, which affected port volumes and results in most of the larger terminals in both Asia and Europe. Positive developments in Africa and Americas secured overall volume growth. The global container terminal market measured in TEU increased by 4% […]

  • 19 October 2018
    Rules & Regulation

    Uncertainties regarding availability and safety of compliant fuels in 2020 remain key concerns for shipowners.

  • 26 October 2017
    Business & Finance, Exploration & Production

    Offshore drilling contractor Ensco booked a loss in the third quarter of this year, after reporting a profit in the same period last year. The driller’s revenues were impacted by fewer rig days and lower dayrates.  The UK-based driller, which recently completed its acquisition of Atwood Oceanics, on Wednesday reported a loss of $25.4 million for […]

  • 3 November 2017
    Equipment

    Offshore driller Noble Corporation on Thursday reported a net loss for the third quarter of of $97 million, on revenues $266 million. According to Noble, the result includes a pre-tax charge to operating expenses totaling $14 million relating to damage sustained by two of the company’s cold-stacked semisubmersibles during Hurricane Harvey. Excluding the charge, the net […]

  • 3 May 2019
    Business & Finance

    Texas Land Commissioner George P. Bush has announced that the Texas General Land Office will receive $46,313,471.21 in federal grant funding from the Gulf of Mexico Energy Security Act (GOMESA) to further support restoration of the Texas shoreline, reports the Crossroads. According to Commissioner Bush, the revenue from GOMESA is crucial to enhancing and protecting […]