Tagged Prices

Woodside’s revenue bumped by higher prices

Rate this article By LNG World News Australia’s Woodside Petroleum on Thursday reported a 4 percent jump in revenue in the first quarter of the year on the back of higher realized oil and gas prices. Read Full Article Here For more great articles: LNG World News

New OPEC+ production cuts needed to prop up oil prices

Rate this article As oil prices approach $70/bbl, Rystad Energy expects that a short-lived price rally through the first half of 2020 will then lose momentum and be replaced by a need for additional production cuts by Russia and OPEC. Read Full Article Here For more great articles: Offshore RSS Feed

Free cash flow for E&P companies reaches record high

Rate this article The world’s publicly listed oil and gas companies are bringing in cash at the best rate ever witnessed even though oil prices have only partially recovered from the huge drop suffered in 2014 and 2015, according to Rystad Energy. Read Full Article Here For more great articles: Offshore RSS Feed

Higher oil and gas output lifts Total profit

Rate this article By Offshore Energy Today.. French oil and gas company Total booked an increase in the fourth quarter 2018 profit driven by higher oil and gas production and increase in prices. The oil company said on Thursday it had recorded… … Read Full Article Here For more great articles: Offshore Energy Today

Equinor profit up on higher prices

Rate this article By Offshore Energy Today.. Equinor recorded an increase in profit during the fourth quarter of 2018 compared to the year earlier period helped by higher prices and record production. … Read Full Article Here For more great articles: Offshore Energy Today

Shell’s profit soars on high prices

Rate this article By LNG World News The Hague-based LNG giant Shell reported a 36 percent jump in profit during 2018 on the back of higher realized oil, gas and LNG prices. Read Full Article Here For more great articles: LNG World News

Shell 4Q profit boosted by higher prices

Rate this article By Offshore Energy Today Oil company Shell reported a profit on the current cost of supply (ex-identified items) of $5.7 billion for the fourth quarter of 2018. This was an increase of 32 percent compared to 4.3 billion… … Read Full Article Here For more great articles: Offshore Energy Today

Hess cuts losses in fourth quarter 2018

Rate this article By Offshore Energy Today.. U.S. oil company Hess reduced its net loss for the fourth quarter 2018 compared to the prior-year period on the back of exploration and production business and higher crude oil and gas prices. Hess… … Read Full Article Here For more great articles: Offshore Energy Today