1196 results found for 'Libya'

1196 results found for 'Libya'
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  • Halliburton Reports Record Revenues in 2Q 2012 (USA)

    23 July 2012
    Business & Finance

    Halliburton announced today that income from continuing operations for the second quarter of 2012 was $745 million, or $0.80 per diluted share. This compares to income from continuing operations for the first quarter of 2012 of $635 million, or $0.69 per diluted share. First quarter reported results included $300 million {$191 million, after-tax, or $0.20 […]

  • UK: BP 2Q Profit Down

    31 July 2012

    BP today reported its quarterly results for the second quarter of 2012. Underlying replacement cost profit for the quarter, adjusted for non-operating items and fair value accounting effects, was $3.7 billion, compared with $5.7 billion for the same period in 2011 and $4.8 billion for the first quarter of 2012. Compared to the previous quarter, […]

  • USA: Halliburton Sets New Revenue Record in Second Quarter

    23 July 2012
    Business & Finance

    Halliburton announced that income from continuing operations for the second quarter of 2012 was $745 million, or $0.80 per diluted share. This compares to income from continuing operations for the first quarter of 2012 of $635 million, or $0.69 per diluted share. First quarter reported results included $300 million ($191 million, after-tax, or $0.20 per […]

  • Dryad: Gulf of Guinea Poses Ongoing Threat of Seafarer Kidnap

    23 April 2015
    Business & Finance

    The Gulf of Guinea proved to be one of the most dangerous piracy hotpots for mariners, according to maritime intelligence agency Dryad’s maritime crime figures for Quarter 1 (January to March) of 2015. Namely, kidnapping of crew for ransom remains the most significant threat to mariners in the region. In March 2015, eight crew were […]

  • Offshore Engineering Global and China Marine Industry Report Available

    21 December 2011

    Reportlinker announced that the new market research report is available. The skyrocketing oil price during 2007-2008 sparked globally investment fever in marine engineering industry. However, from 2009 onwards, seeing globally economic recession and sluggish demand, many small and medium-sized marine engineering enterprises have taken a heavy toll on revenue in the wake of the nosedive […]

  • Repsol Shows Strong Performance. Income Increases.

    25 July 2013
    Business & Finance

    Repsol posted net income of 1.054 billion euros in the first half of 2013, a rise of 2.6% from the year-earlier period calculated at current cost of supply. Calculated based on MIFO criteria, net income was 901 million euros. These earnings are especially significant as the first quarter of 2012 included earnings from YPF. The […]

  • USA: Halliburton Profit Rises

    18 April 2012

    Halliburton announced today that income from continuing operations for the first quarter of 2012 was $826 million, or $0.89 per diluted share, excluding $300 million, for an estimated loss contingency related to the Macondo well incident. Income from continuing operations for the first quarter of 2011 was $558 million, or $0.61 per diluted share, excluding […]

  • IOM: Migrant ”Ghost Ships” Here to Stay

    7 January 2015

    The International Organization for Migration (IOM) says the spectre of large, disposable crafts bearing hundreds of migrants across dangerous waters in the new year was borne out in terrifying fashion this past week as more than 1,000 migrants, most fleeing Syria, had to be rescued in the Mediterranean Sea. According to survivors’ accounts, the crews […]

  • Tanker Shipping – The World of Energy Is Undergoing Fundamental Changes

    14 October 2013

    The dynamic nature of the product tanker market, where refinery locations, local market demand specifications and price arbitrage trades are constant moving objects, turn one main trade into a minor trade within a New York minute. The Atlantic gasoline arbitrage trade is still of relevance, but the front-haul these days is diesel going into Europe. […]

  • Output from OPEC+ to go down in 2023 as sanctions take their toll on Russian volumes

    24 June 2022
    Business & Finance, Business Developments & Projects, Exploration & Production, Market Outlooks, Outlook & Strategy, Transition

    The IEA forecasts that non-OPEC+ will spearhead global oil supply in 2023, while the output from OPEC+ may fall.

  • USA: Hess Reports Net Profit of USD 566 Million

    30 January 2013

    Hess Corporation reported net income of $566 million for the fourth quarter of 2012, compared with a net loss of $131 million for the fourth quarter of 2011. The after-tax income (loss) by major operating activity was as follows: Exploration and Production earnings were $517 million in the fourth quarter of 2012. compared with $527 […]

  • Readers’ Picks of the Week (12th – 16th of Jan)

    18 January 2015
    Business & Finance

    Tug Collides with Hoegh Osaka One of the two tugs attached to Hoegh Osaka moved from her position on Saturday afternoon and collided with the listing car carrier, UK Maritime and Coastguard Agency (MCA) informed.…Read more Libyan Army Bombs Second Tanker The Libyan National Army (LNA) has bombed another tanker in the vicinity of the […]

  • Three migrants jump overboard Maersk’s tanker after being stranded on board for over a month

    7 September 2020
    Human Capital, Vessels

    The situation onboard Maersk Etienne, a tanker owned by Maersk Tankers that rescued 27 migrants from Tunisian waters on August 4, escalated over the weekend with three migrants jumping overboard. The tanker shipping company said on September 6 that the three persons were recovered quickly from the water by the captain and the crew, adding […]

  • Total CEO says Q1 results are lower than last year

    1 May 2014
    Business & Finance

    Total has announced the results for the first quarter of 2014. Commenting on the results, Chairman and CEO, Christophe de Margerie said: “The Group reported adjusted net income of $3.3 billion for the first quarter, solid results albeit slightly lower than last year. The impact of sharply lower European refining margins was limited thanks to the implementation […]

  • Repsol’s Net Income Drops 6.1%. Upstream Unit Improves

    28 February 2013
    Business & Finance

    Spanish oil company Repsol posted net income of 2.060 billion euros for 2012, a 6.1% decline from the year earlier. At current cost of supply (excluding the change in value of the oil inventories that the company stocks as part of Spain’s strategic reserve) Repsol’s net income was 2.048 billion euros, 5.4% higher than 2011, when the earnings […]

  • Nexans Reports Organic Growth in Second Quarter 2013

    26 July 2013
    Business & Finance, Operations & Maintenance

    The Nexans Board of Directors meeting on July 24, 2013, under the chairmanship of Frédéric Vincent, approved the Group’s consolidated financial statements for the first half of 2013. Sales for the first half of 2013 came to 3.412 billion euros at current non-ferrous metal prices compared with 3.577 billion euros for the same period of […]

  • Gazprom Says Russian Gas Will Become Key Commodity in Asia-Pacific Energy Market

    29 September 2011

    Yuzhno-Sakhalinsk hosted the opening of the 15th Sakhalin Oil and Gas 2011 International Conference. Gazprom’s delegation led by Alexander Medvedev, Deputy Chairman of the Company’s Management Committee is taking part in the Conference. Alexander Medvedev delivered a speech entitled “The Growing Role of Natural Gas and Asian-Pacific Region”. Alexander Medvedev highlighted that the coming decades offer excellent opportunities for the gas industry […]

  • USA: ConocoPhillips 1Q Profit Rises

    27 April 2011

      ConocoPhillips today reported first-quarter earnings of $3.0 billion, compared with first-quarter 2010 earnings of $2.1 billion. Excluding gains from asset dispositions, first-quarter 2011 adjusted earnings were $2.6 billion, or $1.82 per share. “While our financial results were much improved from a year ago, E&P production and R&M capacity utilization did not meet our targets,” […]

  • Eni 1Q profit falls

    29 April 2014

    Italy’s oil company Eni today reporter its 1Q 2014 net profit was €1.30 billion, down 15.6% from the first quarter 2013. Adjusted operating profit In the first quarter of 2014, adjusted operating profit was €3.49 billion, down 6.8% compared to the first quarter of 2013. This decline was driven by lower results achieved by the […]

  • ConocoPhillips sees Q3 profit rise

    31 October 2014
    Business & Finance

    ConocoPhillips has reported third-quarter 2014 earnings of $2.7 billion, or $2.17 per share, compared with third-quarter 2013 earnings of $2.5 billion, or $2.00 per share. Excluding special items, third-quarter 2014 adjusted earnings were $1.6 billion, or $1.29 per share, compared with third-quarter 2013 adjusted earnings of $1.8 billion, or $1.47 per share. Special items for […]

  • OPEC extends output cuts for 9 months

    2 July 2019

    OPEC members have agreed to extend the voluntary oil production cuts for another nine months, with the aim to keep the oil prices “stable,” with Russia also supporting the extension.

  • USA: ConocoPhillips Announces 2014 Capital Budget of USD 16.7 Bln

    9 December 2013

    ConocoPhillips announced a 2014 capital expenditures budget of $16.7 billion for continuing operations. Investments during 2014 will target the company’s diverse portfolio of global opportunities. Approximately 55 percent of the budget is allocated toward North America and 45 percent toward Europe, Asia Pacific and other international businesses. Highlights of the company’s 2014 investment program include: […]

  • On the verge of ending oil price war, OPEC+ awaits Mexico to join the pact

    10 April 2020
    Market Outlooks, Outlook & Strategy

    OPEC, Russia, and allies are on the verge of ending the oil price war in an effort to save the oil industry which, in addition to the oil price war consequences, suffered even more as the coronavirus pandemic further curbed the oil demand, creating a whirlwind of adverse effects. However, the allies are still waiting on Mexico to join the production cuts pact.

  • Mermaid In Key Venture to Provide Diving & Marine Services to Offshore O&G Industry in Saudi Arabia

    12 November 2010
    Business & Finance

    Mermaid Maritime Public Company Limited announces that its wholly owned subsidiary Subtech Ltd. has entered a joint venture agreement with General Technologies & Systems Co. Ltd. (“Gentas”), a subsidiary of Shoaibi Group and Saudi Trading & Research Co., Ltd. (“Starc”), to form Subtech Saudi Arabia Ltd. (“Subtech S.A.”). Subtech S.A. will be 70% owned by […]

  • USA: ConocoPhillips Q4 Earnings at USD 3.4 Billion

    25 January 2012

    ConocoPhillips today reported fourth-quarter earnings of $3.4 billion, compared with fourth-quarter 2010 earnings of $2.0 billion. Fourth-quarter 2011 earnings excluding $723 million of special items were $2.7 billion. Special items were primarily related to gains on asset dispositions, partially offset by impairments and costs related to the Bohai Bay incidents. “We operated well during the […]