Tubemaker Tenaris is not very optimistic about a recovery in demand for its steel tubular products from the oil and gas industries in the near future, its CEO Paolo Rocca said during a conference call on Thursday. The executive stressed ...
Russia-based TMK, one of the world's leading oil and gas steel pipe producers, has stated that for the second half of the current year it foresees growth in the pipe market in Russia mainly due to higher consumption of large diameter (LD) ...
US Steel reported Wednesday a second quarter 2014 net loss of $18 million compared to a second quarter 2013 net loss of $78 million, and first quarter 2014 net income of $52 million. Adjusted net income for the second quarter of 2014 was ...
Tags: Steel
Global pipe and tube producer Tenaris S.A. has announced its financial results for the first quarter this year, reporting a net profit of $428 million, up one percent year on year. During the given quarter, net sales decreased by four ...
PATTERSON-UTI ENERGY, INC. (NASDAQ: PTEN) today reported that for the month of December 2013, the Company had an average of 187 drilling rigs operating in the United States and 9 rigs in Canada. Average drilling rigs operating reported ...
Tags: PATTERSON-UTI ENERGY, drilling rigs operating, contract drilling
AWE Limited (ASX: AWE) advises that Marathon Oil, the Operator of the Sugarloaf Area of Mutual Interest (AMI) in Texas, USA, has provided an update on its 2013 drilling activity and 2014 development plans. AWE has a 10% working interest in ...
Tags: AWE, Marathon Oil, AMI, drilling activity, Sugarloaf, drilling program
Black Ridge Oil & Gas, Inc. (the "Company") (OTCQB: ANFC), a well-positioned exploration and production (E&P) company focused on non-operated Bakken and Three Forks properties, today announced the closing of its previously announced ...
Tags: Black Ridge Oil&Gas, Corral Creek Acquisition, close acquisition
Tangiers Petroleum (u/r) Proposed takeover offer for Jacka Resources. The proposed takeover is an all share offer of 0.468 Tangiers shares for every share in Jacka Resources, implying a pre-merger share price of 11.1p for Tangiers (shares ...
Tags: Oil and Gas News, London Market, Tangiers, Jacka
The Norwegian Petroleum Directorate has issued VNG Norge AS a drilling permit for well 6406/12-3 S, cf. Section 8 of the Resource Management Regulations. Wellbore 6406/12-3 S will be drilled from the Transocean Arctic drilling facility in ...
Tags: mineral
The Norwegian Petroleum Directorate (NPD) has granted Total E&P Norge AS a drilling permit for well 25/5-8, cf. Section 8 of the Resource Management Regulations. Well 25/5-8 will be drilled from the Leif Eiriksson drilling facility at ...
Tags: drilling, permit, production licence
The Norwegian Petroleum Directorate (NPD) has issued Lundin Norway AS a drilling permit for well 16/2-20 A, cf. Section 8 of the Resource Management Regulations. Well 16/2-20 A will be drilled from the Island Innovator drilling facility ...
Tags: drilling, permit, well, production, licence
Increased liquefied natural gas (LNG) exports could have some impact on the US natural gas price, but it may not be as high as the chemical industry fears, the chief economist for the American Petroleum Institute said in Houston Wednesday. ...
Tags: Natural Gas, LNG Exports
The Norwegian Petroleum Directorate has granted Statoil Petroleum AS a drilling permit for well 7220/4-1, cf. Section 8 of the Resource Management Regulations. Well 7220/4-1 will be drilled from the West Hercules drilling facility at ...
The UK's oil producers group Oil & Gas UK cut Wednesday its forecasts for oil and gas production this year amid signs that declining output from mature fields and outages in the North Sea continue to outpace the impact of new projects and ...
Tags: Oil, Gas, Metallurgy, Mineral, Energy
The top three carriers on Today's Trucking's Top 100 For-Hire Canadian fleets — TransForce, Mullen Group, and Vitran — have finished reporting their second-quarter 2013 results. Each company reported revenue drops of various ...
Tags: Transforce, Mullen