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World Oil: Equinor increases 2018 earnings, eyes offshore U.S.
Category: Business News
STAVANGER — “Strong operational performance and high production gave solid results and cash flow in a quarter with significant market volatility. We delivered growing returns for the full year and expect continued earnings growth. Following strong improvements in recent years, the board proposes an increase in quarterly dividend of 13% to $0.26 per share,” says […]
Source: World Oil
Published: February 10, 2019
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World Oil: CGG, TGS to conduct Greater Castburg survey
Category: Business News
PARIS, France — CGG and TGS announce the Greater Castberg TopSeis survey in the Barents Sea. The survey is 5,000 km2, and will be acquired and processed with the latest developments of CGG’s TopSeis acquisition and imaging technology. The survey will include the highly prospective Castberg area, and cover existing and newly awarded licenses in addition […]
Source: World Oil
Published: February 11, 2019
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Bloomberg: The Curious Case of Norway’s 60 Million Barrels of Missing Oil
Category: Business News
Norway has built a reputation as one of the calmest and most predictable corners of the global oil industry, but lately it’s been full of surprises. During the worst downturn in a generation, from 2014 to 2016, companies would regularly exceed official forecasts as oil production rose in defiance of falling prices. More recently, with crude surging […]
Source: Bloomberg
Published: March 2, 2019
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Bloomberg: Norway Labor Lawmaker Says He’s Open to Debate on Oil Policy
Category: Business News
For establishment politicians in Norway, discussing changes to the country’s oil policies is akin to swearing in church. That’s what happened this week, when the Labor Party’s top energy lawmaker, said he was open to debating taxes and incentives for oil companies, including a lucrative exploration cash refund. Labor is the biggest opposition party and […]
Source: Bloomberg
Published: May 11, 2025
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Bloomberg & DNV GL: Confident Oil Industry Set to Ratchet Up Spending in 2019
Category: Business News
After years of gloom, the oil industry’s out of its slump. Three-quarters of senior oil and gas professionals surveyed by energy and maritime services company DNV GL AS say they are optimistic about the sector’s growth in 2019, their sunniest outlook since before the crude-price collapse in 2014. Confidence across the energy industry is now […]
Source: Bloomberg
Published: May 11, 2025
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