upstream


All posts for upstream

Chevron Reports Fourth Quarter Earnings of $3.1 Billion, Annual Earnings of $9.2 Billion

Strong cash flow drives dividend increase of $0.04 per share Reserves replacement tops 150 percent Production grows 5 percent; 4 to 7 percent growth targeted for 2018 SAN RAMON, Calif.--(BUSINESS WIRE)--Feb. 2, 2018-- Chevron Corporation (NYSE: CVX) today reported earnings of $3.1 billio ...

OilVoice Press - OilVoice


Posted 1 year agoPress > ChevronEarningsupstream +3

Royal Dutch Shell Fourth Quarter 2017 Results

SUMMARY OF UNAUDITED RESULTS Royal Dutch Shell Chief Executive Officer Ben van Beurden commented: “2017 was a year of strong financial performance for Shell. A year of transformation, in which we showed we have what it takes to deliver a world-class investment case. Our relentless focus on v ...

OilVoice Press - OilVoice


Posted 1 year agoPress > ShellRoyal Dutch ShellResults +2

Promoting Gender Diversity in World Oil & Gas

This event is hosted and organised by the Global Women Petroleum & Energy Club and provides a platform for a conversation on why the industry lags behind many comparative industries when it comes to gender diversity and the growing importance of women in this sector. In this new era, oil and gas com ...

Jodee Lourensz


London   England   GB


Posted 1 year agoEvent > Oil & GasupstreamNetworking +7

Dr. Daniel Fine: NAFTA, natural gas and the San Juan Basin

The North American Free Trade Agreement is now in a final stage with the U.S. team looking over the “energy chapter,” which has been approved by Canada and Mexico. The Administration's position, with a revisionist-protectionist core, offers President Trump a withdrawal-from-NAFTA option, at least a ...

Will Fine


Posted 1 year agoOpinion > NAFTACanadaMexico +30

2018 - Our Oil and Gas Predictions

Ashurst:We set out below our top predictions for the global oil and gas industry 2018. 1. Oil price stability With the oil price pushing through to the US$70 mark, and further confidence that the price will remain more stable this year, we will see international oil companies (IOCs) looking to "r ...

OilVoice Press - OilVoice


Posted 1 year agoOpinion > Ashursto&g2018 +7

Schlumberger, DMWA Resources to Collaborate on Africa Oil and Gas Projects

• Mauritius/South Africa-based DMWA Resources signs MoU with Schlumberger. • Agreement paves the way for future collaboration on upstream oil and gas projects in Africa. • DMWA intends to grow its upstream asset portfolio in 2018. DMWA Resources, an emerging African energy player, has entered i ...

OilVoice Press - OilVoice


Posted 1 year agoPress > SchlumbergerDMWAMOU +3

Dr. Daniel Fine: Oil and Gas: A Look at What 2018 May Bring

Trump leads mass deregulation effort; comeback seen for San Juan Basin by Dr. Daniel Fine The price of oil in 2018 will be volatile with commodity market traders selling on signals of OPEC-Russia “cheating” or members producing more oil than the extended Algiers Agreement output quotas. This shou ...

Will Fine


Posted 1 year agoOpinion > Donald TrumpPresident TrumpTrump +68

Upstream Oil and Gas Deals Values Were Down 66% Year-on-Year in October 2017, says GlobalData

A year-on-year comparison shows a substantial decrease of 66 percent in upstream oil and gas deal value in October 2017, when compared to October 2016's value of $23.3bn, according to GlobalData , a leading data and analytics company. Aker BP's agreement to acquire Hess Norge, from Hess, for a ...

OilVoice Press - OilVoice


Posted 1 year agoPress > upstreamBPHess Norge

For Oilfield Suppliers, It's Adapt or Die

Oil prices are rebounding from their collapse that began in 2014. But for upstream suppliers, it's no time to celebrate. Despite improved conditions, it's going to take more than $60 crude to rebalance the oilfield. Structural oversupply—too many players chasing too few dollars—is the problem. Re ...

Doug Sheridan - EnergyPoint Research


Posted 1 year agoOpinion > Oil and GasSchlumbergerCameron +12

Dr. Daniel Fine on Oil and Gas: Prices and Supply Short of War in Middle East

One day after the OPEC annual meeting, although composed for publication two weeks ago, this column moves the clock forward to early 2018.  There is a background noise of regional “hybrid war” intruding on the market price of World and West Texas Intermediate oil. Most analysts both commercial and ...

Will Fine


Posted 1 year agoOpinion > Kingdom of Saudi ArabiasaudiSaudi Aramco +89

Management Day 2017: Shell Updates Company Strategy and Financial Outlook, and Outlines Net Carbon Footprint Ambition

Scrip dividend programme to be cancelled with effect from the fourth quarter 2017 dividend. Annual organic free cash flow outlook increased to $25 to $30 billion by 2020, at $60 per barrel (real terms 2016) Company sets ambition to reduce the net carbon footprint of its energy products in step w ...

OilVoice Press - OilVoice


Posted 1 year agoPress > ShellScrip DividendDividend +5

30th Offshore Licensing Round Reflects Industry’s Growing Optimism

Following news from the Oil and Gas Authority that it has received 96 applications for 239 blocks in the 30th offshore oil and gas exploration licence round, Oil & Gas UK's upstream policy director Mike Tholen said: “With 68 companies bidding, many of which we know to be new entrants, this respons ...

OilVoice Press - OilVoice


Posted 1 year agoPress > United KingdomOil and Gas Authorityupstream +1

Chad Petroleum, Energy & Mining Summit 2018

Chad Petroleum, Energy & Mining Summit, taking place from the 11th until the 13th of April 2018 in Chad, is the first official event organised exclusively in Chad under the Auspices of the Chadian Government and the full endorsement of the Ministry of Petroleum and Energy of Chad and Ministry of Min ...

Faye Pappa


  N'Djamena   TD 11 Apr 2018


Posted 2 years agoEvent > Oilpetroleumupstream +8

Suncor Energy's Steve Williams appoints Mark Little as Chief Operating Officer

CALGARY, ALBERTA--(Marketwired - Nov. 9, 2017) - Steve Williams, chief executive officer at Suncor, today announced the appointment of Mark Little, currently president, Upstream, as chief operating officer (COO). As Suncor's COO, Mark will be responsible for all of the operations and many of the ...

OilVoice Press - OilVoice


Posted 2 years agoPress > Suncor EnergyCanadaalberta +2

World Upstream Reception - Big Five Board Awards, London

The World Upstream Reception incorporating the Big Five Board Awards being organised and hosted by the Africa Petroleum Club will be held on Thursday 16th November in London at the Royal Institution, London. The annual "Big Five" Board Awards historically awarded at the Africa Oil Week event since ...

Jodee Lourensz


London   England   GB


Posted 2 years agoEvent > upstreamOilgas +6