1196 results found for 'Libya'

1196 results found for 'Libya'
Order results by

A list of search results

  • SEC terminates Cobalt corruption probe

    29 January 2015

    The SEC has terminated its investigation into Cobalt’s alleged involvement in a bribery case in Angola.

  • Gibson: VLCCs Outearning Suezmaxes in 2015

    12 May 2015

    Rising West Africa to Europe crude trade, dramatic increases in spot fixtures out of the Middle East Gulf and a more active Caribbean market had helped the Suezmax market outperform Very Large Crude Carriers (VLCCs) for most of last year, but the tide has turned in 2015, UK shipbroker EA Gibson says in its Weekly Tanker Report. […]

  • Total’s profit falls even with production up

    27 July 2017
    Business & Finance

    French oil major Total posted lower profit for the second quarter of the year despite increase in production and revenues as it looks to further cut costs.  The company recorded a net income for the second quarter 2017 of $2.03 billion, a decrease when compared to the second quarter of 2016 and net income of […]

  • Germany: Nexans Reports Q1 Sales of EUR 1,752 Million

    25 April 2012
    Business & Finance, Storage

    Nexans today announced 2012 first-quarter sales of 1,752 million euros, that is, 1,169 million euros at constant non-ferrous metal prices, reflecting an annual growth of +0.6% at constant exchange rates and comparable scope. As a reminder, the organic growth rate for the first quarter of 2011 was 13%. Effective January 1, 2012, the business segmentation […]

  • Wintershall Expands Activities in Norway

    30 August 2012
    Business & Finance

    Germany’s largest internationally active crude oil and natural gas producer continues to expand its activities on the Norwegian Continental Shelf. Its aim is to make the Norwegian subsidiary Wintershall Norge one of the leading oil and gas companies in Norway. With this focus on Norway, Wintershall is presenting itself at the international exhibition Offshore Northern […]

  • Wintershall Hopes to Become a Leading O&G Firm in Norway

    30 August 2012
    Business & Finance

    Wintershall, Germany’s largest internationally active crude oil and natural gas producer continues to expand its activities on the Norwegian Continental Shelf. Its aim is to make the Norwegian subsidiary Wintershall Norge one of the leading oil and gas companies in Norway. With this focus on Norway, Wintershall is presenting itself at the international exhibition Offshore […]

  • BP to Appoint New Head of Exploration

    18 October 2013
    Business & Finance

    BP today announced that it will appoint Richard Herbert as its new head of exploration. Herbert will succeed Mike Daly who has chosen to retire from BP at the end of 2013 after a career of 28 years with the company, eight leading BP’s exploration function. Herbert will rejoin BP from Talisman Energy where he […]

  • Ex-Quadrant man to head Xodus decom division

    10 August 2017
    Business & Finance

    Engineering company Xodus Group has appointed a new decommissioning director to lead the company’s decom division. Xodus said on Thursday that Enrico Salardi would be the head of its decom division, which was formed in 2015. According to the company, Salardi has more than 20 years of experience in the management of oil and gas […]

  • ConocoPhillips: Oil prices to remain volatile for the foreseeable future

    17 March 2015
    Business & Finance

    ConocoPhillips today announced its 2015 to 2017 capital budget and growth outlook, in which its says the oil prices will remain unstable. The company will thus reduce its three year spending plan from $16 billion per year to $11.5 billion. “For the past three years, ConocoPhillips has consistently delivered our stated objectives against a backdrop […]

  • USA: Pierre R. Brondeau Elected to Marathon Oil Corporation Board of Directors

    27 October 2010

    Marathon Oil Corporation announced today that Pierre R. Brondeau has been elected to the Company’s board of directors, effective Jan. 1, 2011. Brondeau is president, CEO and chairman of the Board of Philadelphia-based FMC Corporation, the diversified chemical company that serves agricultural, industrial and consumer markets globally. “Marathon is very pleased to welcome Pierre Brondeau […]

  • UK: BP Appoints New Chief of Exploration

    18 October 2013

    BP announced that it will appoint Richard Herbert as its new head of exploration. Herbert will succeed Mike Daly who has chosen to retire from BP at the end of 2013 after a career of 28 years with the company, eight leading BP’s exploration function. Herbert will rejoin BP from Talisman Energy where he has […]

  • Eni of Italy Posts Solid 2013 Results

    13 February 2014

    Eni of Italy announced the company’s results for the fourth quarter and the full year 2013. Financial highlights  Adjusted operating profit: €3.52 billion (down 29%) for the quarter; €12.62 billion (down 34%) for the full year; Adjusted net profit: €1.30 billion for the quarter (down 14%); €4.43 billion for the full year (down 35%); Reported […]

  • Libyan Militants Release Car Carrier Morning Compass

    21 February 2017
    Business & Finance

    After Libyan militants seized the car carrier Morning Compass, the vessel was released from captivity on February 21, the ship’s charterer Korean shipping firm EUKOR Car Carriers informed. A representative from the company said that the 6,500 CEU vessel was released around 8 am local time, and is currently sailing as per its original schedule. The twelve Filipino […]

  • Arab Sea Ports Federation Opens Meeting in Aqaba (Jordan)

    11 November 2013

    Prime Minister Abdullah Ensour said on Saturday that the port city of Aqaba is Jordan’s sole sea gateway that had been an economic and naval “beacon” connecting the Levant and the Arab Maghreb. In remarks at the opening of a meeting of the 47th session of the Arab Sea Ports Federation board in Aqaba, Ensour […]

  • Qatar to leave OPEC in January 2019

    3 December 2018

    Qatar is set to leave membership in the Organization of Petroleum Exporting Countries (OPEC).

  • MedcoEnergi buys oil and gas blocks in Tunisia

    16 June 2014
    Business & Finance

    MedcoEnergi has entered into an agreement, effective 1 January 2014, to acquire 100% of the shares of Storm Ventures International (Barbados) Ltd. (“SVI”) from Storm Ventures International (BVI) Ltd. (the “Seller”) for a base purchase price of US$ 114.03 million, excluding an amount payable for working capital (which is subject to a customary post-closing adjustment). […]

  • Oil edges up to $42 after slide, but glut still weighs

    3 August 2016

    By Alex Lawler LONDON (Reuters) – Oil edged higher to $42 a barrel on Wednesday after hitting its lowest since April the previous day, supported by an industry report showing a fall in U.S. inventories and a weaker dollar. But prices could struggle to make much headway, analysts said, as sentiment remains bearish. A supply […]

  • Marathon in executive changes. Search for new CFO underway

    22 August 2016
    Business & Finance

    Marathon Oil, a global exploration and production company based in Houston, has undergone several executive changes and is currently searching for a new CFO. Marathon said on Monday that Mitch Little was promoted to executive vice president of Operations and will oversee the Resource Play and Conventional businesses. Little, who is currently vice president of Conventional, previously […]

  • Arab Sea Ports Federation Opens Meeting in Aqaba

    12 November 2013
    Business & Finance

    Prime Minister Abdullah Ensour said on Saturday that the port city of Aqaba is Jordan’s sole sea gateway that had been an economic and naval “beacon” connecting the Levant and the Arab Maghreb. In remarks at the opening of a meeting of the 47th session of the Arab Sea Ports Federation board in Aqaba, Ensour […]

  • Eni Releases New World Oil and Gas Review, Italy

    7 October 2013

    Eni presented the twelfth edition of World Oil and Gas Review, the annual statistical review of the world oil and gas market and the refining system. Oil and gas reserves continue to rise, confirming that operators are able to replace reserves put into production and to find new ones: a comparison of 1995 reserves with […]

  • USA: Marathon Oil Net Income Climbs

    5 November 2013

    Marathon Oil Corporation reported third quarter 2013 net income of $569 million, compared to net income in the second quarter of 2013 of $426 million. For the third quarter of 2013, adjusted net income was $617 million, compared to adjusted net income of $478 million, for the second quarter of 2013. “Marathon Oil achieved strong […]

  • Red ink for ConocoPhillips

    29 October 2020
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders

    U.S. oil major ConocoPhillips recorded a loss in the third quarter of 2020 compared to a profit in the same period last year.

  • Schlumberger in quarterly profit surge

    20 April 2018
    Business & Finance

    Oilfield services provider Schlumberger recorded an increase in its profit and revenues for the first quarter 2018 when compared to the same period last year.  

  • Hess cuts losses

    25 April 2018
    Business & Finance

    U.S. oil company Hess Corporation managed to significantly narrow its quarterly loss helped by higher crude prices and lower operating costs.

  • ConocoPhillips adjusted 2Q earnings up on higher oil prices

    31 July 2014
    Business & Finance

    ConocoPhillips today reported second-quarter 2014 earnings of $2.1 billion, or $1.67 per share, compared with second-quarter 2013 earnings of $2.1 billion, or $1.65 per share. Excluding special items, second-quarter 2014 adjusted earnings were $2.0 billion, or $1.61 per share, compared with second-quarter 2013 adjusted earnings of $1.8 billion, or $1.41 per share. Special items for […]