Join AOGdigital on Facebook Join AOGdigital on LinkedIn Join AOGDigital on Twitter

 

AOG Daily: 2019 / April

Tuesday, 30 April 2019 09:07

Efficient Wave-Generated Power … Really! Featured

Wave-generated power could be considered the Rodney Dangerfield of offshore renewable energy sources; it gets no respect. There have been a number of high-profile, expensive…
Tuesday, 30 April 2019 08:17

Pemex Swings to Q1 Loss

Petroleos Mexicanos swung to a 35.7 billion peso ($1.84 billion) net loss during the first quarter as revenues and crude output at the heavily-indebted Mexican…
Tuesday, 30 April 2019 08:13

Warren Buffett Backs Oxy's Anadarko Bid Featured

Warren Buffett's Berkshire Hathaway Inc committed $10 billion on Tuesday to Occidental Petroleum Corp's $38 billion cash-and-stock bid for Anadarko Petroleum Corp, boosting its chances…
Tuesday, 30 April 2019 04:51

Repsol's Q1 Net Profit Rises

Spanish oil and gas firm Repsol said on Tuesday first quarter adjusted net profit rose 6 percent from a year earlier, as a fall in…
Tuesday, 30 April 2019 04:45

Higher Output Cushions BP's Profit Fall Featured

BP's first quarter profits fell by nearly a third but beat forecasts as lower oil and gas prices and weaker refining margins were partly offset…
Tuesday, 30 April 2019 03:23

Aker Solutions Raises 2019 Forecasts Featured

Norway's Aker Solutions ASA raised its 2019 revenue outlook on expected higher spending on the offshore oil services and reported better than expected first-quarter profits,…
Greenpeace activists climbed down from a Seadrill drilling rig in Norway on Tuesday and are no longer occupying it, the environmental group told Reuters. (Photo:…
Tuesday, 30 April 2019 03:15

Baker Hughes Profits from Foreign Focus Featured

Baker Hughes reported negative free cash flow for the first quarter at a time energy investors have been pushing companies to aggressively shore up capital…
Monday, 29 April 2019 19:38

Rhenus Commences Borssele Alpha Supply

Rhenus Offshore Logistics has completed its first supply trip to the 700MW Borssele Alpha offshore platform  in the Dutch North Sea. Image: Rhenus Group Rhenus…
Monday, 29 April 2019 19:36

Worley Wins Rhode Island OWF Contract

Denmark's offshore wind giant Ørsted has awarded WorleyParsons a core role in its Revolution Wind project, which will see the design and installation of a…
Monday, 29 April 2019 19:34

65,000 Wells will be Drilled in 2019

Rystad Energy forecasts that the number of onshore and offshore oil and gas wells drilled globally will increase to around 65,000 in 2019. Graph: Rystad…
Talk to any business leader in the oil and gas industry and they’ll likely tell you that revenue leakage is an unfortunate cost of doing…
Monday, 29 April 2019 05:42

Boskalis to Install Cables for Hornsea 2

Royal Boskalis Westminster N.V. (Boskalis) said it has been awarded a €100 million ($111.6 million) contract from Ørsted to install three export cable circuits for…
Monday, 29 April 2019 03:52

UK Fracking Tsar Quits

The British government's fracking tsar Natascha Engel said on Sunday she had quit the role after just six months because government policy was preventing the…
Monday, 29 April 2019 03:48

Foreign Oil Workers Kidnapped in Nigeria

Gunman kidnapped two foreign workers from an oil rig in Nigeria's Delta region on Saturday, the military said - the second abduction there in less…
Monday, 29 April 2019 03:39

Ichthys Ramps Up Output Featured

A tanker carrying liquefied natural gas (LNG) has been floating off Australian waters for nearly two weeks as production at Ichthys project ramps up, industry…
Monday, 29 April 2019 03:10

Anadarko to Resume Talks with Occidental Featured

Anadarko Petroleum Corp said on Monday it planned to resume talks with Occidental Petroleum Corp over its $38 billion bid, putting pressure on Chevron Corp…
Sunday, 28 April 2019 20:06

Anadarko Bidding War Heats Up

American multinational energy corporation Chevron is working on integrating the hydrocarbon exploration company Anadarko Petroleum, even as it faces a higher rival takeover bid for…
Russia's oil producer Lukoil said cumulative production at the West Qurna-2 field has reached 100 MMt of oil as part of successful implementation of Phase…
There is a growing international consensus that clean hydrogen will play a key role in the world’s transition to a sustainable energy future, said  Noé…
Friday, 26 April 2019 17:49

LNG Headed for $200B Capex Boom

Announcing that the “boom is back” for liquefied natural gas (LNG), Wood Mackenzie says that over the next two years, almost 90 million tonnes per…
Friday, 26 April 2019 17:45

Volatility Hits Tanker Market: Concordia Featured

The tanker shipping market continued to be volatile during the first quarter of 2019, but at a higher level than in the corresponding quarter the…
Friday, 26 April 2019 08:31

Chevron Profit Falls 27%

Chevron Corp's first-quarter profit fell 27 percent from a year earlier due to lower crude oil prices and weaker margins in its refining and chemicals…
Friday, 26 April 2019 07:11

Total Profits Take a Hit

French energy major Total said its net profit for the first three months of the year fell 4 percent to $2.8 billion compared with a…
Friday, 26 April 2019 05:58

ExxonMobil Misses Q1 Profit Estimates

Exxon Mobil Corp on Friday reported a 49 percent fall in first-quarter profit that missed forecasts due to weakness across its major businesses that showed…
Friday, 26 April 2019 03:22

US Oil Sees Growing Reach

Two cargoes of U.S. crude oil have been booked to sail to Australia, trade sources and data companies said, highlighting the increasing global reach of…
Friday, 26 April 2019 03:01

Husky Energy Beats Profit Estimate

Canada's Husky Energy Inc beat analysts' estimates for quarterly profit on Friday, as it benefited from improved Canadian crude prices following Alberta's output cuts and…
Thursday, 25 April 2019 19:32

Europe Leads in Ocean Energy

European tidal stream installations reached 26.8MW, and wave energy installations 11.3MW in 2018, according to yearly statistics published by Ocean Energy Europe. Image: Ocean Energy…
Thursday, 25 April 2019 19:31

SGRE Bags 487 MW Mega Order from US

Spanish offshore wind giant Siemens Gamesa Renewable Energy (SGRE) has won two orders totaling 487MW from EDF Renewables North America. Image: Siemens Gamesa Renewable Energy…
Russian gas producer Novatek said on  that it had signed agreements with two Chinese companies to sell a combined 20 percent stake in its new…
Page 1 of 4