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Finance & Investing News

Wednesday, February 21, 2018

Finance and Investing News

Aberdeen-Headquartered Xodus Group Welcomes Subsea 7 as Shareholder
Aberdeen-headquartered engineering and advisory consultancy, Xodus Group, welcomes Subsea 7 as a new shareholder.

Monday, February 19, 2018

Finance and Investing News

For Timing Of Aramco IPO, Watch Forward Oil Price Curve
It's the burning question in the oil industry: when will Saudi Arabia pull the trigger on the Aramco stock market listing?

Thursday, February 15, 2018

Finance and Investing News

CFO: Sand Delays To Cut Halliburton's 1Q EPS By 10 Cents
Halliburton's 1Q earnings would be reduced by 10 cents per share due to delays in sand deliveries, a senior company executive says.

Wednesday, February 14, 2018

Finance and Investing News

Russia Says It May Invest in Aramco IPO Via Fund With China
Russian banks and a joint Russia-China investment fund are eager to participate in Saudi Aramco's initial public offering.

Tuesday, February 13, 2018

Finance and Investing News

Dana Gas Creditors Reject New Proposal To Restructure $700MM Sukuk
Creditors of UAE-based energy producer Dana Gas reject a new proposal by the company to restructure its $700 million of Islamic bonds and are waiting for improved terms.

Monday, February 12, 2018

Finance and Investing News

Court Filing: Seadrill Nears Comprehensive Restructuring Deal
Rig firm Seadrill is working towards a comprehensive deal with all its creditors that could be concluded this week.

Friday, February 9, 2018

Finance and Investing News

Gazprom Neft Eyeing New Tax Relief For Novoportovskoye Oilfield
Russia's Gazprom Neft is considering applying to the finance ministry for a profit-based tax for Novoportovskoe, one of its largest fields.

Wednesday, February 7, 2018

Finance and Investing News

Anadarko Raises Dividend Payout, Share Buyback Program
Anadarko says it increased its quarterly dividend and also raises its share buyback program.

ONGC Is Said to Plan $4.8 Billion Indian Oil, GAIL Stake Sale
Oil & Natural Gas Corp. plans to sell its holding in two state-run energy companies within a year.

Tuesday, February 6, 2018

Finance and Investing News

Total CEO Pouyanne Says 2017 Net Profit To Be 30% Better Than 2016
French oil and gas group Total will report 2017 net profits that are expected to be some 30% better than the $8.3 billion recorded in 2016.

Expro Completes Financial Restructuring
Expro successfully completes financial restructuring, which will provide the company with a 'stronger and more sustainable financial foundation to grow the business'.

Monday, February 5, 2018

Finance and Investing News

ExxonMobil Stock Rout Deepens as Profit Flub Meets S&P 500 Plunge
ExxonMobil is on course for its steepest two-day stock rout in almost 2 1/2 years.

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