Search

Byline: Angela Macdonald-Smith Oct 16, 2024 (The Australian Financial Review - ABIX via COMTEX) -- Woodside Energy has advised that it produced a record 53.1 million barrels of oil equivalent [...]

Byline: GORDON PAPE Editor and publisher of the Internet Wealth Builder and Income Investor newsletters We're finally seeing significant upward movement in the pipeline sector after two years in the [...]

From January to July the Caspian Pipeline Consortium transported 16 million tons of oil from the Tengiz field in Kazakhstan via the pipeline This was reported by the CPC press [...]

The number of oil rigs in the US increased by 5 this week, oilfield services company Baker Hughes data showed Friday. The number of oil rigs, an indicator of short-term [...]

The US stock market has hit record highs ahead of the Federal Reserves latest decision on interest rates. The S&P 500, which tracks the stock performance of 500 of the [...]

Byline: By, Paul Gallagher & Cullen Willis & Olivia Williams The cheapest place in Merseyside to fill up your car with petrol is at a Tesco garage in Liverpool. According [...]

MINISTRY OF ECONOMICS, DEPARTMENT OF STATISTICS HEADQUARTERS MALAYSIA, Malaysia has invited tenders for Price Quotation of Processing System Development Services and it Procurement Census of Oil Services and Equipment. Tender [...]

(GlobeNewswire) - CVR Energy, Inc. (CVR Energy or the Company) (NYSE: CVI) today announced its outlook for certain operational statistics and financial information for its Petroleum and Renewables businesses for [...]

SUGAR LAND, Texas, May 14, 2024 (GLOBE NEWSWIRE) -- CVR Energy, Inc. ('CVR Energy' or the 'Company') (NYSE: CVI) today announced its outlook for certain operational statistics and financial information [...]

Despite a surge in crude prices to well above $80 a barrel, drilling activity remains on the decline, falling for the third consecutive week. Thats the first three-week decline since [...]

Petron Corp. ended 2023 with a net income of P10.1 billion, 51 percent more than the P6.7 billion it reported in 2022 on stronger sales. The combined sales volume of [...]

Byline: Joanne Tran Mar 19, 2024 (The Australian Financial Review - ABIX via COMTEX) -- The Australian sharemarket posted a modest gain on Tuesday, with the S&P/ASX 200 adding 0.4 [...]

Tenders are invited for Supply of Hydrogen 99 999 Percent Purity, Argon Gas 99 999 Percent Purity, Oxygen Gas 99 999percent Purity, Nitrogen Gas 99 999 Percent Purity, Air 99 [...]

Tenders are invited for Expert Supervision/Trouble shooting of Three numbers of shunters Installed at Refinery. Tender Category: Works OpeningDate: Mar 9 2024 3:30PM Major organization: Indian Oil Corporation Limited Address: [...]

Tenders are invited for Supply, installation, Migration Commissioning of Payment HSM (Q3), AMC for 5 years of 4 numbers of HSM Billed Quarterly (Q3). Qty: 24 Tender Category: Services OpeningDate: [...]

Byline: Tom Richardson Feb 25, 2024 (The Australian Financial Review - ABIX via COMTEX) -- Futures pricing suggests that Australian equities will open flat on Monday; this is despite a [...]

ConocoPhillips Co. hit records with full-year total company and Lower 48 production of 1.826 MMboe/d and 1.067 MMboe/d, respectively, the company said in an earnings report Feb. 8. Full year [...]

ConocoPhillips Co hit records with full-year total company and Lower 48 production of 1.826 MMboe/d and 1.067 MMboe/d, respectively, the company said in an earnings report 8 Feb 2024. Full year 2023 production increased 88,000 boe/d from the same period a year ago. After adjusting for impacts from closed acquisitions and dispositions, production increased 73,000 boe/d, or 4%, from the same period a year ago. Production for 4Q 2023 was 1.902 MMboe/d, an increase of 144,000 boe/d from the same period a year ago, and up from 3Q 2023 production of 1.806 MMboe/d. After adjusting for impacts from closed acquisitions and dispositions, 4Q 2023 production increased 75,000 boe/d or 4% from the same period a year ago. Lower 48 delivered production of 1.086 MMboe/d, including 750,000 boe/d from the Permian basin, 211,000 boe/d from the Eagle Ford, and 110,000 boe/d from the Bakken. First production was achieved at several subsea tiebacks in Norway, Surmont Pad 267 in Canada and Bohai Phase 4B in China. The operator expects 1Q 2024 production of 1.88-1.92 MMboe/d and full year production of 1.91-1.95 MMboe/d with a total 2024 capital expenditure budget of $11-11.5 bn. 4Q 2023 earnings of $3 bn were down from 4Q 2022 earnings of $3.2 bn, but up from 3Q 2023 earnings of $2.8 bn. Excluding special items, 4Q 2023 adjusted earnings were $2.9 bn, compared with 4Q 2022 adjusted earnings of $3.4 bn. Special items for the current quarter were comprised of a benefit related to the reversal of a tax reserve, partially offset by a loss on foreign exchange contracts. Full-year 2023 earnings were $11 bn, compared with full-year 2022 earnings of $18.7 bn. Excluding special items, full-year 2023 adjusted earnings were $10.6 bn, compared with full-year 2022 adjusted earnings of $17.3 bn. Cash from operating activities was $20 bn and cash from operations was $21.3 bn. Original source: Endeavor Business Media, LLC, website: https://www.ogj.com/index.html, Copyright Endeavor Business Media, LLC 2024., production level; [...]

Kazakhstan is committed to increasing the volume of oil supplies along the Trans-Caspian International Transport Route (TITR), or the Middle Corridor, to three million tons within two years, reported the [...]

Petroleo Brasileiro SA (Petrobras) has increased its 2023 total oil and natural gas production by 3.7 percent year over year to 2.78 million barrels of oil equivalent per day (MMboepd). [...]

Valero Energy Corp (NYSE:VLO) shares are trading higher today after the company reported its fourth-quarter FY23 results. While the revenue of $35.41 billion missed the consensus estimate of $35.69 billion, [...]

The Caspian Pipeline Consortium (CPC) set a historic record by transporting 63.5 million tons of oil in 2023, CPC General Director Nikolay Gorban announced at a press briefing on Jan. [...]

Kazakhstan, the largest country in Central Asia, extracted almost 90 million tonnes of oil in 2023, almost six million tonnes more than the previous year, Kazakh Energy Minister Almassadam Satkaliyev [...]

The yield on the Canadian 10-year government bond extended its recent increase to approach the 3.3% mark in January, the highest in over one month, and tracking the jump in [...]

Tenders are invited for BMC Water Pippe lines enhancement works Replacement of existing BMC water pipelines with higher capacity pipelines at Head Office and SMC and allied works Tender Category [...]

Hydrocarbon company ConocoPhillips has received judicial endorsement for its $7.5 billion Willow oil project in Alaska, a major oil reserve estimated to hold around 600 million barrels. This decision marks [...]

Oil industry leader Petron Corporation sustained its volume growth in Jan-Sep 2023, reporting a consolidated sales volume of 93.6 M barrels, up 16% from the 80.4 M barrels sold in Jan-Sep 2022. In the Philippines, the country's largest oil company grew its sales volume by 20% to 42.7 M barrels, from 35.5 M barrels in Jan-Sep 2022. Consolidated revenues for Jan-Sep 2023 stood at Philippine Peso 587.3 bn albeit lower than Jan-Sep 2022's Peso 631.1 bn. Despite recording lower revenues, the Group's operating income rose by 64%, reaching Peso 27 bn from 2022's Peso 16.5 bn driven largely by the strong volume growth. Original source: Petron Corp., website: https://www.petron.com, Copyright Petron Corporation 2023., company results; production level; crude oil; [...]

Shares of Indian Oil Corporation Ltd. traded 0.42 per cent up at Rs 87.3 at around 10:20AM (IST) on Monday. The stock had closed at Rs 86.93 in the previous [...]