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BHP writes down $7.2bn of shale assets

2016-01-15 09:11:16| BBC News | Business | UK Edition

BHP Billiton has written down the value of its US shale assets by $7.2bn as a result of the collapse in oil and gas prices.

Tags: assets writes bhp shale

Mom Writes Facebook Post to Thank Flight Attend...

2015-12-31 00:07:29| Airlines - Topix.net

A New York mom took to Facebook to thank a flight attendant for calming her infant son during a flight on their way home from Christmas. Heather Gooch, of Levittown, N.Y.says she was flying on a Southwest Airlines flight from Florida to New York with her 9-month-old son, Aiden, on Dec. 28, when a flight attendant took Aiden under her wing.

Tags: post attend flight mom

National Oilwell Writes Off $1 Billion Of Its Petrobras Backlog

2015-12-30 09:08:34| Energy - Topix.net

The write-off reflects 12% of its total $9B backlog. In addition to normal 10% attrition, the backlog could be down 20% next quarter.

Tags: national billion writes backlog

Encana writes down more assets, posts US$1.2-billion loss in third quarter

2015-11-12 18:15:40| Oil & Gas - Topix.net

Encana Corp. says it had a US$1.2-billion net loss in the third quarter, mainly as recognition of the impaired value of some of its assets given the current low-price environment. The loss amounted to US$1.47 per share and contrasted with a US$2.8 billion net profit in last year's third quarter, when oil and gas prices were more than double the current levels.

Tags: posts third loss quarter