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Lower Soybean Prices Could Lower Pork Production Costs

2015-09-08 02:00:00| ThePigSite - Industry News

US - High volumes of soybeans harvested this year and last will lead to price falls, which should benefit pig production, according to Purdue University Extension economist Chris Hurt.

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Statoil Q2 profits hit by lower oil prices, higher costs

2015-07-28 10:27:19| Oil & Gas - Topix.net

Norwegian energy company Statoil says it was hit by lower oil prices, increased depreciation and higher drilling costs in the second quarter, causing net profit to fall 16 percent to 10.1 billion kroner . CEO Eldar Saetre said Tuesday that the company "delivered encouraging operational performance with good production growth and high regularity" in the quarter, adding that it will continue to cut costs as part of an efficiency program that was "on track."

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Amid lower oil prices, Exxon shareholders listen to CEO, vote on climate and fracking measures

2015-05-27 18:03:39| Oil & Gas - Topix.net

That is one of several environmental and company-governance resolutions on the agenda at the oil giant's annual meeting Wednesday in Dallas. CEO Rex Tillerson is expected to discuss the outlook of the company, which has seen profits decline recently with lower prices for crude oil.

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Encana posts US$1.7-billion loss amid writedowns, lower prices for oil and gas

2015-05-12 20:07:15| Energy - Topix.net

Encana Corp. had a US$1.7-billion net loss in the first quarter and a 98 per cent drop in operating earnings as it felt the impact of lower oil and gas prices. Excluding those and other items, Encana had $9 million of operating earnings, which was better than analyst estimates but down from $515 million a year earlier.

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Encana posts US$1.7-billion loss amid writedowns, lower prices for oil and gas

2015-05-12 14:47:14| Oil & Gas - Topix.net

Encana Corp. had a US$1.7-billion net loss in the first quarter and a 98 per cent drop in operating earnings as it felt the impact of lower oil and gas prices. Excluding those and other items, Encana had $9 million of operating earnings, which was better than analyst estimates but down from $515 million a year earlier.

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