Showing posts with label Company Results. Show all posts
Showing posts with label Company Results. Show all posts
Tuesday, June 28, 2011

Chevron plans on investing $26 billion in 2011, with 87 percent of that amount expected to fund upstream activities

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Chevron Corp, the second-largest U.S. oil company plans to take a measured approach to shale gas development despite a flurry of deals in th...
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Friday, June 24, 2011

Husky Energy raises $1.2B to fund growth plans; Expects 3 -5% CAGR Production Increase through 2021

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Husky Energy Inc, Canada’s No. 3 integrated oil company, said it will raise $1.2-billion though public and private share offerings in order ...
Tuesday, June 21, 2011

Statoil Eyes $32 Billion Investment over the next two years; Plans to increase production to above 2.5 mmboepd over the next 10 years

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Norwegian oil giant Statoil ASA will spend $32 billion on exploration and production over the next two years as it aims to ramp up producti...
Friday, June 17, 2011

BG and ENI eyeing for stake in ONGC’s KG – DWN - 98/2; Plans to spend around INR 36,000 crore (US$ 7,898 million) along with its partners on developing the block

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In 2010, India’s state run Oil & Natural Gas Corporation (ONGC) has made significant finds in the Krishna Godavari (KG) basin, which is...
Thursday, June 16, 2011

Vero Energy reported Operational Update for First quarter 2011; Increased oil production by 120% to 1,051 bpd over the same quarter last year; Disclosed 2011 average production guidance of 10,000 – 10,500 boepd (27-28% liquids)

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Vero Energy Inc.  (Vero) is a Canadian energy company involved in the exploration, development and production of oil, natural gas and liquid...
Monday, June 13, 2011

Cenovus Plans to Accelerate Oil Projects; 500,000 bpd of Net Oil Production Expected by 2021

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Cenovus Energy Inc. is planning to accelerate development of its oil sands and conventional oil properties, targeting output of half a mill...
Friday, June 10, 2011

Falkland Oil and Gas Limited Plans to Acquire Extensive License Areas to the South and East of the Falkland Islands

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Falkland Oil and Gas Limited (FOGL) is an oil and gas exploration company operating in the South and East Falkland Basins, potentially a ne...
Friday, May 27, 2011

Santos Plans to spend over US$ 100 million for Sangu field in Bangladesh

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Santos International is one of Australia’s leading gas producers, supplying Australian and Asian customers. The company is the largest prod...
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Tuesday, May 24, 2011

Endeavour International posted 6.6% decline in O&G Production for Q1-2011; Poised for Significant Production Growth in the UK and the US

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Endeavour is an independent oil and gas company and has operations in the North Sea and the United States. In May, 2009, the company complet...
Monday, May 23, 2011

BG plans to invest $500 million in Bolivian Gas fields over the next 5 years

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BG in Bolivia : BG plc demerged from British Gas in 1997 and is in charge of exploration and production and the overseas operations of Br...
Thursday, May 19, 2011

Cenovus posted 14% production growth in Foster Creek & Christina Lake for Q1 2011; Plans to invest $1.7 billion - $1.9 billion for the rest of 2011

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Cenovus was formed on 2009 from the split of Encana Corporation into two independent publicly traded energy companies: one an integrated oil...
Wednesday, May 18, 2011

Apache Production increased by 25% in Q1 2011; Plans to Raise 2011 Capital Expenditures by 8% to $8.12 billion

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Apache Corporation posted Q1 2011 production up 25% to 732,000 boe from 586,000 boe in the first quarter 2010. Liquids production increased ...
Tuesday, May 17, 2011

Canadian Natural Resources posted 2.4% increase in Natural Gas Production for Q1 2011; Provides Development Plan for the rest of 2011

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Canadian Natural Resources , which operates in North America, North Sea and Offshore West Africa, reported its Q1 2011 results. Natural gas ...