1196 results found for 'Libya'

1196 results found for 'Libya'
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  • Marathon Oil Q1 Net Income Up

    8 May 2013

    Marathon Oil Corporation reported first quarter 2013 net income of $383 million, or $0.54 per diluted share, compared to net income in the fourth quarter of 2012 of $322 million, or $0.45 per diluted share. For the first quarter of 2013, adjusted net income was $361 million, or $0.51 per diluted share, compared to adjusted […]

  • Cameron to Take First Quarter Charges Related to Subsea Systems Project in Nigeria

    29 March 2011
    Business & Finance

    Cameron will record a first quarter charge of approximately $0.15 per share associated with delays on a subsea systems project in Nigeria. Cameron President and Chief Executive Officer Jack B. Moore said, “Large subsea projects in emerging countries carry varying levels of risk, especially with respect to in-country activities. Due to cost overruns associated with […]

  • Third Strike for M/V Ko Lanta

    16 September 2015

    Sierra Leone-flagged live stock carrier MV Ko Lanta has been denied access to the Paris MoU region following the ship’s third detention within the last three years. The ship was last detained on in Cartagena, Spain on September 4, 2015. The ship will be refused further access to any port and anchorages in the Paris MoU […]

  • Saipem Names New Board Director

    24 September 2014
    Business & Finance

    The Board of Directors of Saipem has appointed as Director Francesco Gattei replacing Fabrizio Barbieri, who resigned in August. Francesco Gattei is a non-executive, non-independent Director and he is not member of any internal committee. He currently holds the position of Senior Vice President Scenarios, Strategic Options & Investor Relations in Eni. Francesco Gattei was […]

  • LPG Tanker in Near Miss, Fuel Vessels Evacuated after Shelling of Tripoli Port

    19 February 2020

    NOC: Fuel vessels have been evacuated urgently from Tripoli port.

  • EU to Triple Funding for Mediterranean Crisis

    24 April 2015

    Responding to the ongoing pressure from the maritime industry, the European Union has committed to triple the financial resources to reinforce EU Operations Triton and Poseidon in 2015 and 2016. Tripling annual funding to 120 million euros ($130 million) will provide for boosting of the search and rescue possibilities in the Mediterranean within the mandate […]

  • Eni posts $3 billion loss, lowers production target due to capex cuts

    24 April 2020
    Business & Finance, Business Developments & Projects, Exploration & Production, Market Outlooks, Outlook & Strategy

    Eni booked a net loss of over $3 billion in the first quarter of the year due to the overlapping effects of the coronavirus pandemic and the oil price collapse.

  • Hess posts $2.4 billion loss

    7 May 2020
    Business & Finance, Business Developments & Projects, Exploration & Production

    Hess Corporation booked a loss for the first quarter of 2020 due to impairment charges resulting from the low oil price environment.

  • USA: Marathon Oil Corporation Declares Fourth Quarter 2010 Dividend

    31 January 2011
    Business & Finance

    Marathon Oil Corporation announced today that the Company’s board of directors has declared a dividend of 25 cents per share on Marathon Oil Corporation common stock. The dividend is payable March 10, 2011, to stockholders of record on Feb. 16, 2011. Marathon Oil Corporation is an integrated international energy company engaged in exploration and production; […]

  • Third Strike for M/V Ko Lanta

    16 September 2015

    Sierra Leone-flagged live stock carrier MV Ko Lanta has been denied access to the Paris MoU region following the ship’s third detention within the last three years. The ship was last detained on in Cartagena, Spain on September 4, 2015. The ship will be refused further access to any port and anchorages in the Paris MoU […]

  • Africa – frontier or future heartland?

    12 October 2015

    Africa may dominate deepwater expenditure in the next five years. This year’s Drilling & Dollars panel during Offshore Energy (October 13-14) focuses on the paradox between the many opportunities for exploration and production offshore Africa and the cold feet of North European SMEs to take the leap to Africa. French oil and gas company Total […]

  • Eni sees profit drop in 2Q

    26 July 2019
    Business & Finance

    Italian oil and gas company Eni saw its profit drop by 66% in the second quarter 2019 when compared to the same period last year. 

  • Total’s adjusted profit up by 13 pct on record output

    26 April 2018
    Business & Finance

    Total saw its net profit fall by 7 percent for the first quarter of the year. However, in adjusted terms, Total’s profit rose by 13 percent as its production grew by 5 percent. 

  • Tanker Granted Access to Zueitina Terminal

    18 August 2016
    Business & Finance

    The Greece-flagged crude oil tanker New Hellas has been granted approval to enter Libya’s Zueitina oil terminal after the oil port was reopened at the beginning of August, according to the National Oil Corporation (NOC). The 123,054 cbm tanker will now enter the terminal in order to transfer a crude oil shipment to the country’s Zawiya Refinery. New Hellas is expected to transport […]

  • Repsol’s 1H profit slumps by 20 percent

    30 July 2015

    Spanish oil company Repsol has posted during the first half of 2015 net income of 1.053 billion euros ($1.15 billion), which is 20.6% less than the 1.327 billion euros ($1.45 billion) in the corresponding period last year.  The company’s adjusted net income was 1.24 billion euros ($1.36 billion), 35% more than the 922 million euros (around […]

  • Italy: RINA Increases Group’s Turnover by Almost 50 Percent

    20 November 2011

    By taking control of the D’Appolonia Group, a global engineering consultancy, international classification society RINA has increased its group turnover by almost 50 per cent and significantly strengthened its expertise and range of services in the offshore and port development fields. Says Ugo Salerno, CEO, RINA, “By bringing the D’Appolonia Group’s 580 multidisciplinary staff and […]

  • Nordana Bolsters Ro-Ro Service in the Mediterranean

    13 May 2014
    Business & Finance

    Nordana, a multipurpose RoRo and project cargo shipping company, is adding a new Mediterranean service that is scheduled to commence operation mid June. The service is expected to further enhance the route network already in place with existing services. The Nordana Med Service will provide new connections to Algeria, Tunisia, Libya, and Black Sea ports, […]

  • USA: Halliburton 2Q Profit Soars

    18 July 2011
    Business & Finance

      Halliburton announced today that net income for the second quarter of 2011 was $747 million, or $0.81 per diluted share, excluding employee separation costs of $8 million, after-tax, or $0.01 per diluted share. Reported net income for the second quarter of 2011 was $739 million, or $0.80 per diluted share. This compares to net […]

  • ConocoPhillips reports loss, cuts capex

    30 July 2015

    ConocoPhillips, a Houston-based, independent oil and gas company, Thursday reported a second-quarter 2015 net loss of $179 million, compared with second-quarter 2014 earnings of $2.1 billion.  Excluding special items, second-quarter 2015 adjusted earnings were $81 million, or $0.07 per share, compared with second-quarter 2014 adjusted earnings of $2.0 billion, or $1.61 per share. Special items […]

  • Hess sinks deeper into the red

    29 July 2020
    Business & Finance, Business Developments & Projects, Exploration & Production

    Hess sank deeper into the red during the second quarter of the year compared to the same period last year as its revenues dipped on lower oil and gas prices.

  • ConocoPhillips to slash capex, dividend. Posts quarterly loss of $3.5B

    4 February 2016

    ConocoPhillips, a U.S. oil and gas company, on Thursday posted losses both for the fourth quarter and full year, and said it would slash the dividend and capital expenditure. The company posted a fourth-quarter 2015 net loss of $3.5 billion compared with a fourth-quarter 2014 net loss of $39 million. ConocoPhillips blamed the quarterly result […]

  • OPEC sees oil market rebalancing at slower pace, says output rises

    13 June 2017

    OPEC on Tuesday said a long-awaited rebalancing of the oil market was under way at a “slower pace” and reported that its own output in May jumped due to gains in nations exempt from a pact to reduce supply.

  • Over 5,000 People Saved in Biggest Wave of Migrants in 2015

    1 June 2015

    Over 5,000 migrants have been saved in the Central Mediterranean since Friday, according to the EU’s border control agency Frontex. The rescue operations, which began last Friday, involved migrants who departed from Libya on 25 boats. During the incidents, the rescuers also recovered seventeen bodies. The rescue operation involved British, Maltese, Belgian and Italian vessels and […]

  • ConocoPhillips slashes capex as more red ink spills

    27 July 2017
    Business & Finance

    U.S. oil major ConocoPhillips decided to cut its 2017 capital spending after posting a deeper loss for this year’s second quarter compared to the one recorded a year ago.  The company on Thursday reported a second-quarter 2017 loss of $3.4 billion, compared with a second-quarter 2016 loss of $1.1 billion. Excluding special items, second-quarter 2017 […]

  • VDR: German Navy Should Go Outside Triton Zone to Save Migrants

    8 May 2015
    Business & Finance

    German Navy should deploy ships outside the EU’s Triton operational zone to save migrants crossing the Mediterranean, as merchant ships are ill-equipped to perform rescue missions, Ralf Nagel, Chief Executive Officer of the German Shipowners’ Association (VDR) said in the lead-up to the German federal government’s refugee summit held today. The 150-mile area between the coast of Libya and […]