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Oil falls further on record US crude stocks

2015-03-18 01:00:00| Offshore Technology

The price of Brent crude oil fell towards $53 a barrel, as US crude stocks surged to a new record high.

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Encana operating profit falls on low gas volumes, oil prices

2015-02-26 04:57:05| Oil & Gas - Topix.net

Encana Corp , Canada's largest natural gas producer, reported an 84.5 percent drop in operating profit for the fourth quarter, hurt by a fall in natural gas production and weak oil prices. The Calgary-based company's operating profit, which excludes most one-time items, fell to $35 million, or 5 cents per share, in the three months ended Dec. 31, from $226 million, or 31 cents, a year earlier.

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Oil falls towards $61 on increased US crude stocks

2015-02-26 01:00:00| Offshore Technology

The price of Brent crude oil dropped towards $61 per barrel on Thursday after an increase in US crude stocks.

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Asia Pacific's Oil and Gas Industry Takes Action as Confidence Falls to New Low

2015-02-04 18:12:00| Offshore Technology

In the face of falling oil prices, confidence in the outlook for the oil & gas industry in Asia Pacific has dropped dramatically by 50 percentage points among sector professionals - from 77% to 27% since October, according to new research published t

Tags: new low action industry

 

Australia's Oil and Gas Industry Takes Action as Confidence Falls to New Low

2015-02-04 17:38:00| Offshore Technology

In the face of falling oil prices, confidence in the outlook for the oil and gas industry in Australia has dropped dramatically by 66% points among sector professionals from 84% to 18% since October, according to new research published today by DNV G

Tags: new low action industry

 

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