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The Tanker Market - Sep 09
Austria >> 9/15/2009 - According to preliminary data, OPEC spot fixtures increased in August by 4%, after a sharp decline last month, averaging about 11.04 mb/d, up from 10.65 mb/d in the previous month. Most of the increas...
Stock Movements - Sep 09
Austria >> 9/15/2009 - USA
US commercial oil inventories fell more than 22 mb in August to stand at 1,098 mb but remained almost 80 mb above the five-year average. It is worth noting that the overhang has been s...
Balance of Supply and Demand - Sep 09
Austria >> 9/15/2009 - Estimate for 2009
The demand for OPEC crude remained unchanged from the previous assessment, although 4Q09 saw an upward revision. The demand for OPEC crude in 2009 is now estimated at 28....
Exercise of Convertible Bonds in PA Resources AB
Sweden >> 9/11/2009 - On 10 September 2009, 2,930,697 new shares in PA Resources AB (publ) were registered with the Swedish Companies Registration Office as a result of completed conversions of PA Resources' convertible 20...
CNPC Gets $30 bln Loan for Overseas Oil Takeovers
China >> 9/9/2009 - China National Petroleum Corp., parent of the world’s biggest company by market value, received a $30 billion loan to fund overseas expansion as the country’s government stepped up its hunt for energy...
Gazprom Neft to Release IIQ2009 Financial Results
Russia >> 9/9/2009 - JSC Gazprom Neft published consolidated financial statements for the second quarter and for the first six months of 2009 drawn up in compliance with US GAAP standards at the official site of the Compa...
PetroChina 2009 Interim Results
China >> 8/28/2009 - PetroChina Company Limited announced that the profit attributable to the owners of the Company under IFRS was approximately RMB50.5 billion for the six months ended 30 June 2009 and basic and diluted ...
Orca Exploration Provides Operations Update
Tanzania >> 8/28/2009 - Orca Exploration provides operations update and had a good second quarter with the sale of 2.3 Bcf of Additional Gas. This was the highest volume of gas sold in any quarter since commercial operations...
Lukoil 2Q 2009 Net Income Increased by 160% Q-O-Q
Russia >> 8/28/2009 - LUKOIL publishes consolidated US GAAP financial accounts for the second quarter and first half of 2009. The Company’s net income was $3,229 million in the first half of 2009, including $2,324 million ...
Melrose Resources 2009 Half-Year Results
United Kingdom >> 8/26/2009 - Melrose Resources plc, the oil and gas exploration, development and production company with interests in Egypt, Bulgaria, Romania the United States of America, France and Turkey, announces its half-ye...
Tullow Announces its 2009 Half-Yearly Results
United Kingdom >> 8/26/2009 - Tullow Oil plc (Tullow), the independent oil and gas exploration and production group, announces its half-yearly results for the six months ended 30 June 2009. ...
Interim Results for the 6 Months Ended 30 Jun 2009
United Kingdom >> 8/24/2009 - Petrofac Limited, a leading international provider of facilities solutions to the oil & gas production and processing industry, announces its interim results for the six months ended 30 June 2009. ...
DNO Announces its Results for the Q2 2009
Norway >> 8/19/2009 - DNO International ASA announces its results for the second quarter and YTD 2009. The total operating revenues in the second quarter were NOK 358.7 million, down 13.4 per cent compared to the second qu...
Apache Declares Cash Dividends on Preferred Shares
United States >> 8/17/2009 - The Board of Directors of Apache Corporation has declared regular cash dividends on the company's common shares and Series B Cumulative Preferred Stock. ...
Dana Gas achieves AED 392 m Net Profit for Q2
United Arab Emirates >> 8/15/2009 - Dana Gas PJSC, the Middle East’s largest regional private sector natural gas company, has announced its financial results for the quarter ending 30 June 2009, posting a net profit of AED 392 million f...
Tethys Announced 2nd QU 2009 Financial Results
Kazakhstan >> 8/14/2009 - Tethys Petroleum Limited announced its half year and second quarter 2009 financial results which are underscored by a 79% increase in revenues over the second quarter of last year and a five fold incr...
TAQA 2nd Quarter & 1st Half 2009 Financial Results
United Arab Emirates >> 8/13/2009 - Abu Dhabi National Energy Company PJSC (“TAQA”), a publicly listed company on the Abu Dhabi Securities Exchange reported financial results for the second quarter and first half of 2009. ...
Oil Market Highlights - Aug 09
Austria >> 8/11/2009 - - The OPEC Reference Basket price fell by $3.77/b or 6% to reach $64.59/b in July. Bearish developments in the market including a drop in US consumer confidence in June and increasing jobless claims h...
Economic Uncertainties Driving Oil Price Volatility - Aug 09
Austria >> 8/11/2009 - - Over the first two weeks of July, the WTI price lost more than $10 to slide below $60/b. However, by the end of the month, these losses were reversed and prices moved again above $70/b (see Graph 1)...
Crude Oil Price Movements - Aug 09
Austria >> 8/11/2009 - OPEC Reference Basket
Following bearish data about US consumer confidence in June and jobless claims as well as improvement in the US dollar against other currencies in early July, the oil...

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