BEIJING, Oct. 29, 2015 /PRNewswire/ -- China Petroleum & Chemical Corporation ("Sinopec Corp." or the "Company")(HKEX: 386; SSE: 600028; NYSE: SNP) today announced its unaudited results for the nine months period ended 30September 2015. Results Review: In the first three quarters of 2015, global economic recovery remained slow. China's GDP grew by 6.9%. International crude oil prices fluctuated at low level and continued to drop in the third quarter. Domestic refined oil product prices were [Read more]
EnergyBoardroom Releases New Netherlands “Inside Oil & Gas” Report 2015
LONDON, October 29, 2015 /PRNewswire/ -- EnergyBoardroom today releases the new report on the Oil & Gas sector in The Netherlands. Companies, investors or other stakeholders interested in the future of energy should read how this veteran energy producing country is responding to the challenges of the low oil price, the rise of renewables, and an increased emphasis on LNG. It features interviews with senior executives from the major companies in the region, updated facts and figures on the [Read more]
Breitling Energy CEO Leading China Summit on Shale Oil and Gas Production
DALLAS, Oct. 29, 2015 /PRNewswire/ -- Breitling Energy Chairman and CEO, Chris Faulkner is headlining the 4th China International Shale Gas Summit 2015 in Beijing today, discussing how U.S. shale is affecting world prices and development. China is world's largest energy consumer and fuels about 70 percent of that demand from coal. Chinese energy leaders have noted the impact of hydraulic fracturing on U.S. natural gas production and how the rise of gas-fired power plants quickly reduced carbon [Read more]
Energy Veteran And Former Access Midstream CEO Mike Stice Joins EIM Capital To Build Out Energy Infrastructure In Mexico
MEXICO CITY, Oct. 29, 2015 /PRNewswire/ -- Mexico's EIM Capital and J. Mike Stice today announced Mr. Stice's appointment to EIM Capital's Board of Advisors, where he joins similar luminaries such as former Mexican President Vicente Fox, former Minister of Communication and Transportation Pedro Cerisola, and the Dean of Escuela Libre de Derecho Fauzi Hamdan. Mr. Stice's experience spans four decades in the creation and management of international upstream and midstream infrastructure [Read more]
Ultra Petroleum Corp. To Webcast Third Quarter 2015 Results
HOUSTON, Oct. 29, 2015 /PRNewswire/ -- Ultra Petroleum Corp. (NYSE: UPL) announces the following Webcast to discuss its third quarter 2015 financial and operating results: What: Ultra Petroleum Corp. Third Quarter 2015 Results Webcast When: October 29, 2015 at 11:00 a.m. Eastern Daylight Time Where: http://www.ultrapetroleum.com How: Live over the internet via the website address above Contact: Sandi Kraemer, skraemer@ultrapetroleum.com, [Read more]
Petrochemical Market Worth $758.3 Billion by 2022: Grand View Research, Inc.
SAN FRANCISCO, October 29, 2015 /PRNewswire/ -- The global petrochemical market is expected to reach USD 758.3 billion by 2022, according to a new report by Grand View Research, Inc. Growth of key end-use industries such as construction and transportation particularly in BRIC nations is expected to remain a key driving factor for global petrochemical market. Abundant raw material availability in the Middle East is also expected to have a positive impact on the market growth. Shale gas boom in [Read more]
Pioneer Energy Services Reports Third Quarter 2015 Results
SAN ANTONIO, Oct. 29, 2015 /PRNewswire/ -- Pioneer Energy Services (NYSE: PES) today reported financial and operating results for the quarter ended September 30, 2015. Notable items for the third quarter and recent developments include: Deployed four 1,500-horsepower AC new-build drilling rigs year-to-date with the final rig to be completed by year end. Well servicing rig utilization was 62% in the third quarter, with average pricing of $577 per hour. Drilling utilization in the third [Read more]
Cenovus Third Quarter Results; Expected 2015 cost savings increase to $400 million
Third-quarter oil sands production up 17% CALGARY, Oct. 29, 2015 /PRNewswire/ - Cenovus Energy Inc. (TSX: CVE) (NYSE: CVE) continues to make significant progress in reducing its costs while delivering strong operational performance and oil sands production growth. The company is benefiting from the decisive steps taken over the past year to increase its financial resilience in the face of what is expected to be a prolonged period of lower oil prices. "We're delivering on the [Read more]
Royal Dutch Shell plc: 3rd Quarter 2015 Unaudited Results
THE HAGUE, October 29, 2015 /PRNewswire/ -- Royal Dutch Shell's (NYSE:RDS.A) (NYSE:RDS.B) third quarter 2015 earnings, on a current cost of supplies (CCS) basis (see Note [2]), were a loss of $6.1 billion compared with a gain of $5.3 billion for the same quarter a year ago. Third quarter 2015 CCS earnings included identified items of $7.9 billion. Third quarter 2015 CCS earnings excluding identified items (see page 5) were $1.8 billion compared with $5.8 billion for the third quarter of [Read more]
CARBO Announces Third Quarter 2015 Results
HOUSTON, Oct. 29, 2015 /PRNewswire/ -- CARBO Ceramics Inc. (NYSE: CRR) today reported a GAAP net loss of $13.9 million, or a loss of $0.60 per share, on revenues of $75.8 million for the quarter ended September 30, 2015. This net loss includes $3.6 million, or $0.15 per share, of after-tax costs associated with slowing and idling production and $2.3 million, or $0.10 per share in miscellaneous after-tax charges. Logo - http://photos.prnewswire.com/prnh/20120503/MM00528LOGO CEO Gary Kolstad [Read more]
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