Finance
Egypt troubles weigh on BG Group financial results
29 July 2013
The results for quarter two of 2013 were mixed, with BG's half year operating profit 38% higher than 2012
US firms sell up assets worth $3 billion in Asia
24 June 2013
The independent firms are aiming to rebalance their global exploration portfolios
BG streamlines operations as part of growth plan
20 May 2013
By 2015, BG hopes to prioritise value over volume by developing upstream assets
ONGC looks overseas to help increase oil production
14 May 2013
The Indian state-run player is looking overseas to diversify its production base, while acting to tackle problems at home. NJ Watson weighs up whether the company is doing enough
Petrobras' production showing signs of a turnaround
30 April 2013
The company's production has been on a steady decline, but that is likely to change in the next year, says head of upstream
Self insurance in the spotlight for oil and gas companies
23 April 2013
Oil and gas companies are responding to rising premiums by setting up in-house insurance operations, but the strategy carries risks, writes Stephen Breen from Rein4ce
Stormy waters ahead for Brazil's OGX amid low production
15 April 2013
Disappointing production levels have cut the company's credit grade, leaving questions about the company's future
PetroChina posts sharp fall in financial results
5 April 2013
Hit by rising import costs and increased government pricing control, Petrochina has posted a sharp fall in results
Deutsche Bank keeps the faith in BP to overcome problems
27 March 2013
Analysts think BP will overcome its problems after several years of decline
Anadarko's consistent growth makes it ripe for takeover
18 March 2013
The US independent continues to get it right with a mix of reliable onshore assets and a foothold in potentially prolific offshore plays
Tullow’s shrugs off disappointing drilling results
1 March 2013
Balancing act for the London-listed player, as it shrugs off disappointing drilling results, saying it remains committed to exploration-led growth
BG eyes production ramp-ups as profits slump
8 February 2013
The UK company's operating profit was down 12% year-on-year in the fourth quarter of 2012
Canada's Kearl costs jump 63% over budget
5 February 2013
The newly-commissioned Kearl mine is the latest jewel in Canada’s oil-sands crown, but it is also the costliest
BG share price drops amid delays and stalling growth
13 December 2012
Thanks to project delays, stalling output growth and a steep drop in its share price, despite healthy third-quarter results, the UK company faces its trickiest time yet
Chevron's Gorgon hit by $15bn cost blowout
10 December 2012
The LNG export project in Australia has faced high labour costs, poor productivity, logistical challenges, bad weather and a strong Australian dollar
BP agrees $4.5bn Macondo settlement
16 November 2012
UK supermajor BP has entered a guilty plea and agreed to pay a fine of $4.5 billion
Saudi Aramco aims to be the top integrated energy company
2 November 2012
Saudi Arabia earlier this year reclaimed its position as the world’s top oil producer from Russia. Not content with this, state producer Saudi Aramco is pushing to become the world’s largest vertically integrated energy company
ExxonMobil to quit West Qurna-1 services agreement
18 October 2012
US supermajor shuns south in favour of Kurdistan contracts
Murphy latest US firm to disintegrate amid downstream shift
18 October 2012
Murphy Oil’s decision to hive off its refining business is the latest and surest sign of an ongoing structural shift in the US downstream
BP gains $2.5bn for Texas City refinery
9 October 2012
The sale of the refinery will bring the UK supermajor closer to meeting targets
It’s time for Big Oil to make up its mind on financial transparency
26 September 2012
The SEC has adopted wide-ranging transparency regulations in a bid to end corruption. The EU is taking steps to adopt similar rules. It is now time for energy sector leaders to fully embrace financial transparency, not hold it up
Canada's Encana clears itself of collusion charges
11 September 2012
Canada’s largest natural gas producer Encana has cleared itself in an internal investigation over allegations that it colluded with Chesapeake Energy in US land purchases, but still faces a potentially costly federal anti-trust investigation over the matter
BP nears Macondo fund total with $5.5bn Plains deal
11 September 2012
BP edges closer to divestment target with the sale of Plains Exploration for $5.5bn
BP far from beyond problems over two years after Macondo
30 August 2012
BP is still grappling with the consequences of Macondo, two-and-a-half years after the disaster. And, as NJ Watson finds out, there may be more difficulties ahead for UK supermajor as it puts its stake in TNK-BP on the block
BHP takes $2.8bn write-down hit on shale assets
9 August 2012
BHP Billiton has been forced to take a $2.84 billion write-down against the value of its US shale assets as the US gas glut continues to dent balance sheets across the industry
Volatile markets batter majors' numbers, especially BP
1 August 2012
Volatile oil and gas prices dented earnings for the industry’s major players in the second quarter, with British supermajor BP reporting the worst of a set of disappointing results