Financials and Investment News

World Oil Supply - Aug 09
Austria >> 8/11/2009 - Non-OPEC
Forecast for 2009
Non-OPEC supply is forecast to grow by 0.27 mb/d over the previous year to average 50.74 mb/d in 2009. The expected increase represents an upward rev...
Product Markets and Refinery Operations - Aug 09
Austria >> 8/11/2009 - Refinery run cuts at the peak of driving season and increasing optimism about the economic recovery and its positive impact on product demand have slightly improved product market sentiment and provid...
The Tanker Market - Aug 09
Austria >> 8/11/2009 - According to preliminary data, OPEC spot fixtures declined sharply in July by 21% compared to the previous month, averaging about 11.07 mb/d. Most of the decline is attributed to lower fixtures from o...
Oil Trade - Aug 9
Austria >> 8/11/2009 - USA
According to preliminary data, US crude oil imports increased in July to average 9.46 mb/d, about 3% or 264,000 b/d higher compared to the previous month, yet were about 6% or 0.64 mb/...
Stock Movements - Aug 09
Austria >> 8/11/2009 - USA
US commercial oil inventories continued the upward trend and jumped a further 11 mb in July to move above 1,120 mb at the end of the month, the highest level since July 1990. This leve...
Balance of Supply and Demand - Aug 09
Austria >> 8/11/2009 - Estimate for 2009
The demand for OPEC crude has been revised down slightly to currently stand at 28.4 mb/d, representing a strong contraction of 2.3 mb/d from the previous year. On a quart...
Mcdermott Reports 2nd Quarter 2009 Results
United States >> 8/10/2009 - McDermott International, Inc. reported net income of $92.6 million, or $0.40 per diluted share, for the 2009-second quarter, compared to its record quarter of $177.5 million, or $0.77 per diluted shar...
QIB Signs US$ 200 Million Finance Deal With QAPCO
Qatar >> 8/10/2009 - QIB signed a US$ 200 million Murabaha financing deal with Qatar Petrochemicals Company (QAPCO) Monday morning. QIB’s offer was ranked as the forerunner among six other bank offers. This financing proj...
NATCO Group Announces 2nd Quarter 2009 Results
United States >> 8/7/2009 - NATCO Group Inc.announced revenue for the second quarter 2009 of $155.5 million, compared with the second quarter 2008 revenue of $160.4 million. Net income available to common stockholders for the se...
Toreador Announces 2nd Qu 2009 Financial Results
United States >> 8/6/2009 - Craig McKenzie, President and CEO of Toreador, said, “We are pleased to have made great progress in refocusing the Company’s operations, reducing costs, and significantly reducing debt, despite the vo...
Harvest Natural Resources Announces Q2 2009 Results
United States >> 8/4/2009 - Harvest reported a 2009 second quarter loss of $4.2 million, or $0.13 per share, compared with a loss of $0.6 million, or $0.02 per share, for the same period last year. The second quarter results inc...
Rowan Reports Second Quarter 2009 Operating Results
United States >> 8/4/2009 - Rowan Companies, Inc. generated net income of $96.6 million or $0.85 per share, compared to $120.6 million or $1.06 per share in the second quarter of 2008 and $131.7 million or $1.16 per share in the...
Fluor Corporation Announces Quarterly Dividend
United States >> 7/31/2009 - Fluor Corporation's board of directors has declared a quarterly cash dividend of $0.125 per share on the company's common stock, payable October 2, 2009, to shareholders of record on September 4, 2009...
Eni Announces Results for the 2Q of 2009
Italy >> 7/31/2009 - Adjusted Operating Profit: Adjusted operating profit for the quarter was EUR2.55 billion, down 54.3% from the second quarter of 2008. For the first half, adjusted operating profit was EUR6.30 b...
Shell 2nd Qu 2009 Results and Interim Dividend Announcement
Netherlands/Holland >> 7/30/2009 - On Thursday 30 July, 2009, Royal Dutch Shell plc released its second quarter results and second quarter interim dividend announcement for 2009. ...
Exxon Mobil Declares Third Quarter Dividend
United States >> 7/29/2009 - The Board of Directors of Exxon Mobil Corporation declared a cash dividend of 42 cents per share on the Common Stock, payable on September 10, 2009 to shareholders of record of Common Stock at the clo...
Chevron Announces 4.6 % Increase in Quarterly Dividend
United States >> 7/29/2009 - The Board of Directors of Chevron Corporation declared a quarterly dividend of $0.68 cents per share, payable September 10, 2009 to holders of common stock as shown by the transfer records of the Corp...
Pride International's Second Quarter 2009 Results
United States >> 7/29/2009 - Pride International, Inc. reported income from continuing operations for the three months ended June 30, 2009 of $121.8 million, or $0.69 per diluted share. The second quarter results compared to inco...
Honeywell Reports Second Quarter Sales of $7.6 B
United States >> 7/27/2009 - Honeywell announced second quarter 2009 sales of $7.6 billion versus $9.7 billion in the second quarter of 2008 and earnings of $0.60 per share, compared to $0.96 per share in the second quarter last ...
Jacobs Reports Earnings for the Q3 of Fiscal 2009
United States >> 7/27/2009 - Jacobs Engineering Group Inc. announced its financial results for the third quarter of fiscal 2009 ended June 30, 2009. Jacobs reported net earnings of $94.9 million, or $0.76 per diluted share, on re...

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