Keyword: oil output

News

Shale: No End in Sight

17.10.2013 - North Dakota's rapidly rising oil output continues to defy the skeptics, who have predicted that production would stop growing as declining output from existing wells offsets extra...

News

Kazakh Giant Kashagan Oilfield Resumes Output After Accident

08.10.2013 - A consortium developing Kazakhstan's giant Kashagan oilfield has resumed production after an industrial accident halted work last month, the Kazakh Oil and Gas Ministry and the...

News

BG Bosses Skip Bonus as 2012 Troubles Shadow Chapman Exit

04.04.2013 - Former chief executive Frank Chapman and other top bosses at BG Group will get no performance bonus for 2012 because of the weakened position of the company, even though they met...

News

BP's Profits Down as Oil Spill Trial Looms

05.02.2013 - Shrinking British oil company BP announced quarterly profit down a fifth from a year ago, after it sold assets in preparation for what could be its biggest oil spill payout when...

News

Rosneft 2012 Net Profit Up 7% While Cash Flow Halved

01.02.2013 - Rosneft came in slightly below forecasts with a 7% rise in 2012 net profit on Friday while free cash flow halved ahead of its $55 billion takeover of TNK-BP, sending shares in...

News

Exxon, Chevron Earnings Boosted by Refining Margins

01.02.2013 - Strength in refining and chemicals led to higher-than-expected fourth-quarter earnings for Exxon Mobil and Chevron, the two largest U.S. oil companies. A flood of oil produced from...

News

Rosneft Leads Russian Oil Output to New High

02.01.2013 - More crude from state-owned top producer Rosneft kept Russian oil output the highest in the world last year, ahead of Saudi Arabia, Energy Ministry data showed on Wednesday. Crude...

News

Strong Refining Margins Boost Total Q3

31.10.2012 - French oil company Total reported a 20% rise in third-quarter net adjusted profit to €.348 billion on Wednesday, beating analysts' expectations thanks to a sharp increase in...