Oil services behemoths Schlumberger (SLB) and Halliburton (HAL) kicked off the earnings season for U.S. energy firms.
Cabot Oil & Gas Corporation (COG) is set to report first-quarter 2017 results before the opening bell on Apr 28.
National Oilwell Varco, Inc. (NOV) is set to release first-quarter 2017 results before the opening bell on Apr 27.
Helmerich & Payne, Inc. (HP) is set to release fiscal second-quarter 2017 results before the opening bell on Apr 27.
TechnipFMC plc (FTI) is set to report first-quarter 2017 results after the closing bell on Apr 26.
It was a week where oil prices tightened their grip over the $50-a-barrel level, while natural gas futures fell from a 2-month high.
US President Donald Trump has proposed eliminating the US Chemical Safety Board, a somewhat obscure agency that has angered so many groups over the years that no one is likely to leap to its defense. The group is an independent government agency, much like the National Transportation Safety Board. While the NTSB investigates plane accidents […] The post US Chemical Safety Board faces elimination under Trump: Fuel for Thought appeared first on The Barrel Blog.
Statoil ASA (STO) recently announced that it, along with its license partners, has decided to use Transocean Ltd.s (RIG) semisubmersible rig ??? Transocean Spitsbergen ??? on three exploration wells in the U.K.
Transocean (RIG) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Russia remained the world’s largest oil producer in January, according to new statistics from the Russian Federal State Statistics Service (Rosstat) on Tuesday. The country’s daily output averaged 10.764 million barrels, while Saudi Arabia pumped out 9.946 million daily over the same period. Usually the two countries’ output stays above the 10-million-barrel mark, but Saudi’s commitment to the Organization of Petroleum Exporting Countries (OPEC) to rebalance the global market caused the nation’s production to slip.…
Italy’s oil and gas major Eni SpA said on Tuesday that it had signed an agreement with Russia’s gas giant Gazprom to jointly analyze the prospects for cooperation in developing the southern corridor for gas supplies from Russia to European countries, including Italy. In their memorandum of understanding signed today, Eni and Gazprom also agreed to work to update the Russia-Italy gas supply agreements and to consider possible partnership options in the liquefied natural gas (LNG) sector. In December last year, Eni said that Gazprom chief…
Chevron’s plan to sell its non-operated interests in oilfields offshore China for up to $1 billion has been stalled since the U.S. major has not received good enough bids, Bloomberg reported on Tuesday, quoting people in the know.Chevron had planned to sell the stakes it holds in three oilfields in the Bohai Bay in China, but since no bidder has matched the price the U.S. group had been aiming for, Chevron is thinking of keeping the interests for now, Bloomberg’s sources said.According to the sources, Chinese companies AAG Energy Holdings,…
It was a week where oil prices halted its losing streak but still remained below $50-a-barrel. On the other hand, natural gas futures settled lower on bearish weather revisions.
Transocean Ltd. (RIG) recently signed an agreement to sell 15 jack-up drilling rigs to the Norwegian offshore drilling contractor Borr Drilling.