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Continental Resources To Drop Seven Rigs In Oklahoma Citing Efficiency Gains

2019-08-06 20:20:16| OGI

The number of active U.S. rigs has fallen by 102 to 942 in the past year, according to Baker Hughes, a GE company. But shale production in July hit 8.52 million barrels per day, a year-over-year increase of about 16%, according to government data.

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U.S. non-hormone beef gains more access to EU market

2019-08-05 15:26:00| Beef

Tariff-free quota for beef to grow from 13,000 metric tons to 35,000 metric tons over seven years

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Telecom Italia revenues improve to 0.4% fall in Q2 on Brazil gains, rising ARPU

2019-08-02 09:06:00| Telecompaper Headlines

(Telecompaper) Telecom Italia (TIM) reported a 0.4 percent year-on-year decline in second quarter revenues to EUR 4.5 billion on a comparable basis, an improvement on falls of 2.5 percent and 2.9 percent in the previous two quarters, helped by a 2.4 percent rise in service revenues at its TIM Brasil unit that partly offset a 1.2 percent decrease at its domestic unit. The company's EBITDA was EUR 1.9 billion in the second quarter, down 2.6 percent on an organic basis, though the margin inched up 0.6 percentage points to 42.2 percent thanks to cost containment initiatives.

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