Financials and Investment News

Stock Movements - May 09
Austria >> 5/13/2009 - US commercial oil inventories surged almost 34 mb in April, the biggest increase for this month since 2005. With this huge build, total US commercial oil stocks moved above 1,087 mb for the first time...
Balance of Supply and Demand - May 09
Austria >> 5/13/2009 - Estimate for 2008
The demand for OPEC crude for 2008 has been revised up following a downward revision to non-OPEC supply, especially in OPEC NGLs, while world oil demand remained unchange...
Lundin Report For The Three Month Period Ended 31 March 2009
Sweden >> 5/12/2009 - Lundin Petroleum reports a net profit for the three month period ended 31 March 2009 of MSEK 96.0 (MSEK 395.5). The net result that is attributable to the shareholders of Lundin Petroleum AB is MSEK 1...
Toreador Announces 1St Q 2009 Financial Results
United States >> 5/11/2009 - Toreador Resources Corporation announced first quarter 2009 financial results. Craig McKenzie, President and CEO of Toreador, said “Despite the current challenging environment, we have improved the pe...
Teton Announces 1st Q 2009 Financial and Operating Results
United States >> 5/7/2009 - Teton Energy Corporation announced that for the quarter ended March 31, 2009, operating revenues from oil and gas sales increased 37 percent from the first quarter of 2008 to $1.8 million and operatin...
NATCO Group Announces 1st Quarter 2009 Results
United States >> 5/7/2009 - NATCO Group Inc. announced revenue for the first quarter 2009 of $161.9 million, an increase of 6.5% over first quarter 2008 revenue of $152.0 million. Net income available to common stockholders for ...
Occidental Petroleum Announces Dividend Increase
United States >> 4/30/2009 - Occidental Petroleum Corporation announced that its Board of Directors has increased the company's quarterly dividend from $.32 per share to $.33 per share for an annual rate of $1.32 per share, compa...
Gazprom Consolidated Financial Results for the Year End 2008
Russia >> 4/29/2009 - Gazprom issued its audited consolidated financial statements prepared in accordance with International Financial Reporting Standards for the year ended 31 December 2008. ...
CB&I Reports First Quarter 2009 Results
United States >> 4/28/2009 - CB&I reported net income of $48.8 million, or $0.51 per diluted share, for the first quarter of 2009, up 16% compared with net income of $42.2 million, or $0.43 per diluted share, in the first quarter...
Jacobs Reports Q2 of Fiscal 2009
United States >> 4/27/2009 - Jacobs reported today net earnings of $109.3 million, or $0.88 per diluted share, on revenues of $3.0 billion for its second quarter of fiscal 2009 ended March 31, 2009. This compares to net earnings ...
Mubadala publishes Annual Report For 2008
United Arab Emirates >> 4/24/2009 - Mubadala Development Company (Mubadala), the Abu Dhabi-based development and investment company today published its Annual Report relating to activities in 2008. ...
Occidental Petroleum Announces First Quarter Net Income
United States >> 4/23/2009 - Occidental Petroleum Corporation announced that its net income for the first quarter of 2009 was $368 million ($0.45 per diluted share). Results for the quarter were impacted by certain non-core charg...
Placing raises £1.285 million
United Kingdom >> 4/21/2009 - Tower Resources plc, the oil and gas exploration company with interests in sub-Saharan Africa, principally in Uganda and Namibia, announces today Blue Oar Securities has raised £1,285,000 before expen...
Oil Market Highlight - Apr 09
Austria >> 4/15/2009 - The OPEC Reference Basket surged $4.37/b or 10.5% in March to average $45.78/b. The market was dominated by developments in equities and other economic indicators. Prices continued to strengthen in ea...
Market Sentiment Improves Despite Weak Fundamentals - Apr 09
Austria >> 4/15/2009 - While economic news remains bearish with labour markets in the US and elsewhere continuing to weaken, a few promising developments have begun to appear, which have recently helped to improve market se...
Crude Oil Price Movements - Apr 09
Austria >> 4/15/2009 - OPEC Reference Basket
The petroleum market was mostly dominated by equity trends. Venezuela Merey crude replaced BCF-17 retroactively since January of this year which made the Basket sligh...
The Oil Futures Market - Apr 09
Austria >> 4/15/2009 - The petroleum market emerged the weekly period in volatile trade. Amid unexpected draws in gasoline inventories and lower-than-expected builds on crude oil stocks in the USA, the stimulus plan helped ...
Commodity Markets - Apr 09
Austria >> 4/15/2009 - Trends in selected commodity markets
The IMF commodity price index went up by 2.2% m-o-m in March but was 45% lower than a year ago. Despite the deep global economic recession and further ...
Highlights of the World Economy - Apr 09
Austria >> 4/15/2009 -  Industrialised countries
United States of America

The United States are still in the midst of the worst recessions in decades. The new administration’s aid-package which is targetin...
World Oil Demand - Apr 09
Austria >> 4/15/2009 - World oil demand in 2008
The world economic crisis caused more damage to global oil demand in the fourth quarter last year than previously expected. The OECD Pacific and Other Asia oil dem...

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