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Tag: crude oil
Kenya and Uganda finalise route for $4.5bn crude oil export pipeline
2015-08-11 01:00:00| Hydrocarbons Technology
Kenya and Uganda have agreed on a proposed route for a crude oil pipeline, ending months of debates and discussions.
With crude at $50, oil firms fear deeper crisis than in 1980s
2015-08-05 20:07:37| Oil & Gas - Topix.net
After slashing spending by $180 billion to deal with one of the worst industry downturns in decades, oil companies are still bleeding cash and slipping further into debt to maintain dividends to shareholders. Depressed crude prices - at below $50 a barrel Brent crude is half what it was a year ago - mean even more cuts are needed at new projects and existing operations.
With crude at $50, oil firms fear deeper crisis than in 1980s
2015-08-05 19:26:58| Energy - Topix.net
After slashing spending by $180 billion to deal with one of the worst industry downturns in decades, oil companies are still bleeding cash and slipping further into debt to maintain dividends to shareholders. Depressed crude prices - at below $50 a barrel Brent crude is half what it was a year ago - mean even more cuts are needed at new projects and existing operations.
Iraq to resume crude oil exports to Turkey after militants damaged pipeline
2015-08-04 01:00:00| Hydrocarbons Technology
Iraq is likely to resume crude flows for its pipeline connecting Turkey today, which had been halted last week due to disruptions caused by Kurdish militants.
Chevron profits plunge on weaker crude oil prices
2015-07-31 20:18:14| Oil & Gas - Topix.net
Chevron profits plunged 91 percent, a feeble financial result that was caused by falling oil prices and charges against earnings, the energy giant reported Friday in a release that came days after wide-ranging job cuts by the company. Shares of Chevron nose-dived more than 4 percent on Friday following the report, which missed Wall Street's expectations.
Tags: prices
oil
profits
crude
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