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Oil & Gas UK says spending on new offshore oil projects to drop below 1bn in 2016

2016-02-24 01:00:00| Offshore Technology

A survey by Oil & Gas UK has revealed that spending on new offshore oil projects is expected to fall below 1bn in 2016, compared with the typical 8bn per annum in the last five years.

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Tuesday Sector Laggards: Oil & Gas Exploration & Production, Oil & Gas Refining & Marketing Stocks

2016-02-23 23:23:03| Logistics - Topix.net

In trading on Tuesday, oil & gas exploration & production shares were relative laggards, down on the day by about 4.4%. Helping drag down the group were shares of Unit Corporation , off about 16.9% and shares of Gastar Exploration down about 15.1% on the day.

Tags: marketing production tuesday gas

 
 

Oil and gas investment 'collapsing'

2016-02-23 01:02:06| BBC News | Business | UK Edition

Investment in new offshore oil and gas projects is collapsing despite cost-cutting efforts, according to an industry report.

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Carrizo Oil & Gas Inc (CRZO) to Release Quarterly Earnings on Monday

2016-02-21 01:24:54| Oil & Gas - Topix.net

Carrizo Oil & Gas Inc will be posting its quarterly earnings results after the market closes on Monday, February 22nd. Analysts expect Carrizo Oil & Gas to post earnings of $0.22 per share for the quarter.

Tags: on release monday gas

 

Sierra Club Sues Oil and Gas Companies for Allegedly Causing Earthquakes Through Fracking

2016-02-19 16:48:35| Energy - Topix.net

In January, more than 70 small earthquakes shook parts of Oklahoma and caused concerns that the state's earthquake problems are worsening. A number of citizens are blaming the oil field practice of hydraulic fracturing, which is also known as fracking, for triggering these tremors.

Tags: through club companies gas

 

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