List of the highlighted articles
Statoil Profit Slips on Plunging Oil
Norway’s Statoil has reported that its net operating income for the full year 2014 was NOK 109...
CEO: ‘Our focus must now be on resetting BP’
In line with its industry peers, British oil company, BP, will reduce investments in 2015, saying it...
BG Group responds to low oil prices. Reduces capex
BG Group, one of UK’s largest energy companies will reduce its capital expenditure for 2015, a...
Soco slashes capex and production guidance
Soco International has said that its capital expenditure for 2014 should be around $90 million, down...
EnQuest cuts 2015 capex
EnQuest, an independent oil and gas exploration and production company has said it will slash its 20...
Douglas-Westwood: global LNG capex to hit USD 259 billion
The global capital expenditure (Capex) in the LNG industry will total nearly USD 259 billion from 20...
Lundin cuts 2015 expenditure
Swedish oil company Lundin Petroleum AB has announced its 2015 development, appraisal and exploratio...
Santos cuts 2015 capex to $2 billion
Australian oil and gas company Santos has today reduced its projected 2015 capital expenditure to $2...
ConocoPhillips slashes 2015 capex
ConocoPhillips has announced a 2015 capital budget of $13.5 billion, a decrease of approximately 20 ...
Tullow to cut exploration budget for 2015
Tullow Oil, oil and gas exploration company focused on Africa, will significantly reduce spending on...
PGS Faces Fleet and Cost Cuts
Petroleum Geo-Services ASA has announced today that it has implemented further steps to streamline o...
Efficient spare part management through mobile 3D printing in remote locations
In remote locations, the fast and reliable provision of spare parts is critical for the smooth syste...
Technical challenges with collection of subsea minerals for use in EV batteries can be overcome
Front-end engineering design study paves the way for development of new subsea mining riser system, ...
PGS cuts fleet to reduce cost and capex
Petroleum Geo-Services ASA announced today that it has implemented further steps to streamline opera...
ADIL caps successful first six months
ADIL, an independent energy consultancy, has capped a successful first six months of 2014 with contr...
Shell CEO: We need to tighten grip on performance management
Shell’s CEO Ben van Beurden today reinforces his priorities for the company in presentations to fina...
Anadarko Sees 2014 Capex Up to USD 8.5 Billion
Anadarko Petroleum said its capital investments in 2014 are expected to be between $8.1 billion and ...
Anadarko allocates $8 billion for 2014 capex
Anadarko Petroleum Corporation today announced its 2014 capital expectations and guidance, concurren...
Statoil to reduce capex by $5 Billion
Statoil’s fourth quarter and preliminary 2013 results and capital markets update Statoil’...
Kosmos Energy to Spend Two Thirds of Capex on Ghana
Kosmos Energy Ltd. announced today an oil and gas reserve replacement ratio of 140% supported by inc...
Hess Announces $5.8 B Capex. Allocates $500 M for Exploration
Hess Corporation has announced a 2014 Exploration and Production capital and exploratory budget of ...
Chevron Allocates $35.8B for Exploration and Production in 2014
Chevron Corporation has announced a $39.8 billion capital and exploratory investment program for 201...
Floatel to Use Private Placement Cash for Newbuild Program and Capex Increase
Swedish owner of offshore accommodation facilities, Floatel International, is contemplating a privat...
Eni Raises Production Growth Target. Increases Capex
Eni, Italian oil company which hit the headlines yesterday after selling a 20% stake in its Offshore...
W&T Offshore BoD Approves $450 Mln Capex for 2013
W&T Offshore, Inc. announced that its Board of Directors has approved a 2013 capital budget of $...
BG’s 4Q Earnings Drop 29 Pct. 2013 Capex Set at $12 Billion
BG Group, a UK-based oil and gas company, today announced that its full year 2012 earnings rose 3% t...
COSL Capex Could Reach $996 Mln in 2013 (China)
China’s COSL has announced that it expects that its capital expenditure for 2013 will be betwe...