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Hess Reports Estimated Results for Q4 of 2009
United States >> 1/27/2010 - Hess Corporation reported net income of $358 million for the fourth quarter of 2009 compared with a net loss of $74 million for the fourth quarter of 2008. The after-tax results by major operating act...
Jacobs Reports Earnings for Q1 of Fiscal 2010
United States >> 1/25/2010 - Jacobs Engineering Group Inc. announced its financial results for the first quarter of fiscal 2010 ended January 1, 2010. Jacobs reported today net earnings of $72.4 million, or $0.58 per diluted shar...
DNO to Update Status Arbitration Proceedings
Iraq >> 1/25/2010 - As previously reported DNO Iraq AS (DNOI), a subsidiary of DNO International ASA (DNO) is involved in arbitration proceedings related to certain third party interests in Kurdistan. Such third parties ...
Halliburton Announces Q4 Earnings Revenue
United States >> 1/25/2010 - Halliburton announced that income from continuing operations for the fourth quarter of 2009 was $257 million, or $0.28 per diluted share, excluding a $10 million net of tax, or $0.01 per diluted share...
Schlumberger Fourth-Quarter and Full-Year 2009 Results
United States >> 1/22/2010 - Schlumberger Limited reported full-year 2009 revenue of $22.70 billion versus $27.16 billion in 2008. Income from continuing operations attributable to Schlumberger, excluding charges, was $3.36 billi...
Oil Market Highlights - Jan 10
Austria >> 1/19/2010 - Crude oil price developments saw two distinct patterns in December. After falling to a two-month low of $70.7/b in mid-December, the OPEC Reference Basket rebounded on the back of positive economic ...
Fundamentals Not Behind Recent Market Behaviour - Jan 10
Austria >> 1/19/2010 - A recent surge saw crude oil prices gaining more than $10 since mid-December to break above the $80/b mark. As a result of this upward push, the price of WTI averaged $82.48/b in the first week of 20...
Crude Oil Price Movements - Jan 10
Austria >> 1/19/2010 - OPEC Reference Basket
Contrary to November, when the OPEC Reference Basket remained almost stable fluctuating between $74.95/b and $77.86/b, two distinct trends were seen in December....
Commodity Markets - Jan 10
Austria >> 1/19/2010 - Trends in selected commodity markets
The declining trend growth in the IMF commodity price index seen in November continued further in December experiencing a 0.4% fall m-o-m. The index w...
Highlights of the World Economy - Jan 10
Austria >> 1/19/2010 - Industrialised countries
USA
The story-line for 2010 has not changed dramatically over the last four weeks. Economic growth in 2010 will still depend on government support fol...
World Oil Demand - Jan 10
Austria >> 1/19/2010 - World oil demand in 2009
A cold winter, improved economic activity and a low base in the previous year pushed up December oil demand, mainly in North America. December was cold in mos...
World Oil Supply - Jan 10
Austria >> 1/19/2010 - Non-OPEC
Estimate for 2009
Non-OPEC supply in 2009 is estimated to have averaged 50.96 mb/d, representing growth of 0.51 mb/d over the previous year. The current figure is ...
Product Markets and Refinery Operations - Jan 10
Austria >> 1/19/2010 - A cold snap along with increasing seasonal demand and stock draws have underpinned product market sentiment and lifted the crack spread and refining margins, especially in the US and Europe. Giv...
The Tanker Market - Jan 10
Austria >> 1/19/2010 - The tanker market continued to show strength in December, and freight rates grew further from November levels. This was the case for both segments of the market, crude and product tankers, and for m...
Oil Trade - Jan 10
Austria >> 1/19/2010 - Global net oil import patterns were mixed at the end of the year, according to the latest available data. US net oil imports in December declined by 0.8 mb/d compared to the previous month and were ...
Stock Movements - Jan 10
Austria >> 1/19/2010 - OECD
Total OECD commercial oil stocks rose by a contra-seasonal 12.6 mb in November after a substantial drop in October of 47 mb. At 2,747 mb, OECD commercial oil inventories are at 93 mb ...
Balance of Supply and Demand - Jan 10
Austria >> 1/19/2010 - Estimate for 2009
Demand for OPEC crude has been revised up by around 70,000 b/d to currently stand at 28.7 mb/d, mainly reflecting a downward revision to non-OPEC supply as global oil dem...
SABIC Signs $2.68 bn Agreement to Finance Tianjin
China >> 1/18/2010 - Saudi Basic Industries Corporation (SABIC) announced the signing in Beijing of financing agreements by its affiliate SINOPEC SABIC Tianjin Petrochemical Co. Ltd, totalling RMB 18.26 billion (US $2.68 ...
China North East Repays 8% Secured Debenture
China >> 1/13/2010 - China North East Petroleum Holdings Limited, a leading independent oil producing and oilfield services company in Northern China, announced that it has repaid in full its 8% Secured Debenture (the "De...
Petrochemical Industries to Make KD 65 m Profit
Kuwait >> 1/11/2010 - Petrochemical Industries Company (PIC) said it is expecting a profit of 65 million Kuwaiti dinars in the financial year 2009/2010. Speaking to Kuwait News Agency (KUNA), PIC Chairman and Managing Dire...

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