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CB&I Reports Third Quarter 2009 Results
Netherlands/Holland >> 10/27/2009 - CB&I reported net income of $40.8 million, or $0.42 per diluted share, for the third quarter of 2009, compared with $8.6 million, or $0.09 per diluted share, in the third quarter of 2008. Revenue for ...
Schlumberger Announces Third-Quarter 2009 Results
United States >> 10/23/2009 - chlumberger Limited reported third-quarter revenue of $5.43 billion versus $5.53 billion in the second quarter of 2009, and $7.26 billion in the third quarter of 2008. ...
Occidental Announces Third Quarter Net Income
United States >> 10/22/2009 - Occidental Petroleum Corporation (NYSE:OXY) announced net income of $927 million ($1.14 per diluted share) for the third quarter of 2009, compared with $2.3 billion ($2.77 per diluted share) for the t...
Oil Market Highlights - Oct 09
Austria >> 10/13/2009 - - The OPEC Reference Basket fell by $4.18 or 5.9% in September to reach $67.17/b. Bearish developments in equity markets in early September exerted downward pressure on crude prices across the world, ...
Oil Market Tests Pace of Economic Recovery - Oct 09
Austria >> 10/13/2009 - - Since the beginning of September, crude price behaviour has alternated between periods of sharp upward movements followed by large corrections. At times, this has led to daily changes of more than ...
Crude Oil Price Movements - Oct 09
Austria >> 10/13/2009 - OPEC Reference Basket
A sharp fall in Chinese equity markets along with bearish reports on increasing supply have triggered technical sell-offs in the futures markets and exerted pressure ...
Commodity Markets - Oct 09
Austria >> 10/13/2009 - Trends in selected commodity markets
The IMF commodity price index declined 3.4% m-o-m in September on the back of a drop in both energy and non-fuel commodity prices due to negative funda...
Highlights of the World Economy - Oct 09
Austria >> 10/13/2009 - Industrialised countries
United States of America
The economy of the United States is showing the first signs of a potential turnaround. Important business and consumer indicat...
World Oil Demand - Oct 09
Austria >> 10/13/2009 - World oil demand in 2009
With US consumption rebounding from a steep historical decline, the world oil demand forecast for this year is not as bad as previously expected. This has resulted...
World Oil Supply - Oct 09
Austria >> 10/13/2009 - Non-OPEC
Forecast for 2009
Non-OPEC supply is forecast to average 50.86 mb/d in 2009, representing growth of 0.41 mb/d over the previous year and an upward revision of 50 tb/d....
Product Markets and Refinery Operations - Oct 09
Austria >> 10/13/2009 - Product markets have lost further ground in September due to a narrowing gasoline crack spread and continuation of distillate stockbuilding across the globe. Despite bullish reports about the economic...
The Tanker Market - Oct 09
Austria >> 10/13/2009 - According to preliminary data, OPEC spot fixtures increased in September by 12%, to average about 12.08 mb/d, up from 10.82 mb/d in August. The increase is attributed to higher fixtures from outside t...
Oil Trade - Oct 9
Austria >> 10/13/2009 - USA
According to latest official data, US crude oil imports rebounded in September to average 9.32 mb/d, an increase of about 2% or 220,000 b/d compared to the previous month and about 10...
Stock Movements - Oct 09
Austria >> 10/13/2009 - USA After having dropped in August for the first time since September 2008, US commercial oil stocks resumed their upward trend increasing 10.4 mb in September to stand at nearly 1,109 mb, res...
Balance of Supply and Demand - Oct 09
Austria >> 10/13/2009 - Estimate for 2009
Demand for OPEC crude has been revised up by around 100,000 b/d to currently stand at 28.6 mb/d, reflecting mainly the upward revision in the second half of the year. How...
PA Resources Signs Credit Facility of USD 125 m
Congo >> 9/28/2009 - The oil and gas company PA Resources AB has entered into a USD 125 million corporate finance facility agreement with Standard Bank. The new credit facility replaces an existing facility of USD 30 mill...
Iran Needs $19 Billion for Gas Projects
Iran >> 9/26/2009 - Iran’s Oil Ministry said the country needs $19 billion toward “unfinished” natural gas projects and aims to curb consumption amid insufficient funding. “The maximum funding at hand for the gas sector ...
Frontera Resources Completes US$7.6 m Placement
Georgia >> 9/18/2009 - Frontera Resources Corporation, an independent oil and gas exploration and production company, announced that it has completed the placement of shares of common stock (a “Common Share”) and warrants r...
Ecobank to Advise on Tema Financial Restructuring
Ghana >> 9/16/2009 - Ecobank Development Corporation (EDC), the investment banking arm of the Ecobank group and Ecobank Ghana, its Ghanaian subsidiary have been retained by the Government of Ghana to advise on the financi...
Oil Market Highlights - Sep 09
Austria >> 9/15/2009 - The OPEC Reference Basket surged by a significant $6.76/b or 10% compared to the previous month to reach $71.35/b in August. A combination of improving economic signals along with crude stockdraws in ...

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