Search results for: Trinidan

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  • 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 […]

  • 26 April 2016

    Oil major BP sank to a first-quarter loss of $583 million, compared with a profit of $2.6 billion a year ago, less than two weeks after its shareholders voted against the hefty salary package for the oil giant’s chief executive.  Back in February 2016, BP reported its worst annual loss in at least 20 years as the British […]

  • 11 March 2016

    Global LNG imports grew by 2.1 percent to 241.2 million tons in 2015, according to the international association for natural gas, Cedigaz.

  • 5 February 2013

    BG Group of UK said its LNG Shipping & Marketing total operating profit for 2012  increased by 13% to $2 577 million despite 11 fewer cargo deliveries, reflecting favourable market conditions and strong demand, particularly from Japan. The tightening of the LNG market, which overall benefits the LNG Shipping & Marketing business, also resulted in […]

  • 12 May 2011
    Business & Finance

      Repsol posted net income of 765 million euros in the first quarter of 2011, 11.2% more than the year-earlier period. Excluding extraordinary items, recurring net income improved 23.4%, to 791 million euros. The 2011 earnings increase is mainly due to improved oil and gas price realization prices, with a 13.4% and 14.8% rise respectively, […]

  • 17 July 2017
    Business & Finance

    UK’s Centrica and Germany’s Stadtwerke München GmbH (SWM) will combine Centrica’s European oil and gas exploration and production (E&P) business with Bayerngas Norge to create an independent European E&P company. The joint venture will have two shareholding entities where Centrica will own 69% and Bayerngas Norge’s existing shareholders, led by SWM and Bayerngas GmbH, will […]

  • 27 January 2014

    LNG player BG of UK expects its production volumes in 2013 to be around 633 thousand barrels of oil equivalent per day (kboed), in line with guidance. BG will publish its preliminary 2013 fourth quarter and full year results on 4 February 2014. Currently the company expects to report: LNG Shipping & Marketing total operating […]

  • 26 February 2014

    Repsol posted a recurring net income of 1.823 billion euros for 2013, calculated at current cost of supply (CCS), 6.7% lower than the previous year. These earnings – that exclude atypical results and take into account replacement costs of raw materials and products – reflect Repsol’s ongoing business performance during a period marked by a […]

  • 27 October 2010
    Business & Finance

    GulfMark Offshore, Inc. today announced the results of operations for the three- and nine-month periods ended September 30, 2010. For the three months ended September 30, 2010, revenue was $94.5 million. Net income for the same period was $19.2 million, or $0.75 per diluted share. The results for the quarter ended September 30, 2010, include […]

  • 26 February 2014

    Spanish Repsol posted a recurring net income of 1.823 billion euros for 2013, calculated at current cost of supply (CCS), 6.7% lower than the previous year. The company said that these earnings – that exclude atypical results and take into account replacement costs of raw materials and products – reflect Repsol’s ongoing business performance during […]

  • 21 June 2016
    Business & Finance

    As the long-awaited inauguration of the Expanded Panama Canal approaches with less than a week left until the first commercial transit of a Neopanamax vessel, scheduled to take place on June 26, 2016, The Panama Canal Authority said that, to date, most of the gates have been tested and have achieved the performance requirements. At the beginning of June, the […]

  • 24 February 2011
    Business & Finance

      Repsol posted net income of 4.693 billion euros for 2010 compared to 1.559 billion euros in the previous year. Excluding extraordinary items, recurring net profit improved 54.9% to 2.360 billion euros. The 2010 earnings increase is mainly due to the good performance of the company’s ongoing activities, boosted in the fourth quarter by the […]

  • 18 May 2012

    In 2011, global LNG trade grew by 49.4 106 m3 (20.7 Mt), a growth of 9.4% compared with 2010, according to GIIGNL’s 2011 LNG industry report. As during the previous year, the main contribution to the increase of LNG flows came from Qatar, as the country was responsible for 67% of additional LNG produced in 2011. […]

  • 20 March 2012
    Business & Finance

    “Above all, the reasons for this substantial improvement in earnings are the high level of crude oil and gas prices, as well as the increase in our production,” explained Chief Executive Officer Thomas Rappuhn

  • 28 July 2011
    Business & Finance

    Operating and financial overview: *On track to deliver full year earnings growth in 2011, despite commodity price volatility, challenging economic environment and higher UK upstream gas and oil tax rates *shift in profits from the downstream to the upstream *UK residential energy operating profit* halved from the exceptional levels recorded in 2010 *progress in challenging […]

  • 16 October 2012
    Business & Finance

    Plexus Holdings plc, the AIM quoted oil and gas engineering services business and owner of the proprietary POS-GRIP® method of wellhead engineering, announces its preliminary results for the year ending 30 June 2012. Highlights – Strong forward order book as POS-GRIP® friction-grip wellhead equipment continues to gain market share, winning business from new international oil […]

  • 20 April 2012
    Business & Finance, Operations & Maintenance

    Schlumberger Limited reported first-quarter 2012 revenue of $10.61 billion versus $10.97 billion in the fourth quarter of 2011, and $8.72 billion in the first quarter of 2011. Net income attributable to Schlumberger, excluding charges and credits, was $1.31 billion—a decrease of 12% sequentially but an increase of 35% year-on-year. Diluted earnings-per-share, excluding charges and credits, […]

  • 26 June 2018
    Rules & Regulation

    WMN interviews Administrator of the Panama Canal, Jorge Quijano, anent 2nd anniversary of the canal’s expansion.

  • 21 March 2014
    Business & Finance

    Some of the offshore industry’s most innovative and successful companies and individuals were recognised at the 2014 Offshore Achievement Awards, with Decom North Sea chief executive Brian Nixon picking up the Significant Achievement Accolade. Hydrasun received the award for Great Large Company, whilst Coretrax was named Great Small Company. Steve Walton, highly-regarded across the industry […]

  • 26 November 2010

    Golar LNG Energy Limited reports a net loss of $12.7 million and operating loss before depreciation and amortisation of $0.7 million for the three months ended September 30, 2010 (the “third quarter”). Revenues in the third quarter at $19.1 million were increased from $14.5 million for the second quarter of 2010 (the “second quarter”). Operating […]

  • 23 January 2012
    Business & Finance, Operations & Maintenance

    Schlumberger Limited reported full-year 2011 revenue of $39.54 billion versus $27.45 billion in 2010. Full-year 2011 income from continuing operations attributable to Schlumberger, excluding charges and credits, was $4.97 billion, representing diluted earnings-per-share of $3.66 versus $2.86 in 2010. Fourth-Quarter Results: Fourth-quarter 2011 revenue was $10.97 billion versus $10.23 billion in the third quarter of […]

  • 21 October 2011
    Business & Finance, Operations & Maintenance

    Schlumberger Limited reported third-quarter 2011 revenue of $10.23 billion versus $9.62 billion in the second quarter of 2011, and $6.85 billion in the third quarter of 2010. Income from continuing operations attributable to Schlumberger, excluding charges and credits, was $1.32 billion—an increase of 12% sequentially and 51% year-on-year. Diluted earnings-per-share from continuing operations, excluding charges […]