All posts for revenue

Immense Opportunities

With extensive experience in Senegal's nascent oil and gas sector, Safiya Wane N'dour, CEO of Equinoxe Consulting, spoke to Africa Oil & Power about the challenges and opportunities in Senegal's energy sector. Brent liquefied natural gas (LNG) markets have also encountered significant downward pr ...

Aydanur Akkurt - Africa Oil & Power

Posted 20 days agoLink > SenegalAfricaAfrican Energy +21

The DRC Spearheading Economic Diversification

According to a study ran by the BCC in 2017, the DRC faces major challenges to strengthening its financial system, encouraging private and individual investment, improving governance in the sector and increasing access to the formal and decentralized financial system. The government has generated ...

Aydanur Akkurt - Africa Oil & Power

Posted 21 days agoLink > AfricaAfrican EnergyEnergy +21

Angola: Spearheading Fiscal Measures

Read more on Angola's market outlook in the Special Report 2020: Angola COVID-19 Response – outlining the country's path toward creating bankable opportunities, resuming drilling activities and taking proactive fiscal measures to boost liquidity in the interim. Download the report and other AES S ...

Aydanur Akkurt - Africa Oil & Power

Posted 1 month agoLink > AngolaAngola Oil & GasAfrican Energy +10

A Tale of Two Divestments: BP & Shell

Two major sales by supermajors have captured the headlines recently: BP's exit from the petrochemicals sector through a sale to INEOS, and Shell reaffirming its desire to sell its 35% stake in the Abadi LNG project in Indonesia. But BP's footprint in the petrochemicals business has been shrinking ...

Hui Shan

Posted 4 months agoLink > ShellIndonesiaChevron +6

The State of the Industry: Q2 2019

In the August 2019 Short-Term Energy Outlook (STEO), the U.S. Energy Information Administration (EIA) forecasts relatively flat crude oil prices for the remainder of 2019 and through 2020 and a balanced global oil market in 2019 followed by modest inventory builds in 2020 as production growth outp ...

Hui Shan

Posted 1 year agoLink > ShellExxonMobilBP +6

Brazil’s 2019 Bidding Round on Transfer of Rights Areas Expected to Generate an Exceptional Revenue for the Government, says GlobalData

Following discussions in Brazil's congress and government for agreeing on terms of the planned bidding round, Adrian Lara, Senior Oil and Gas Analyst at GlobalData , a leading data and analytics company, offers his view on the impact on the upstream sector: “The issue right now is to hav ...

OilVoice Press - OilVoice

Posted 1 year agoOpinion > BrazilBidding RoundGlobalData +2

Lundin Petroleum: Report for the Nine Months Ended 30 September 2018

Highlights Record high quarterly free cash flow generation of approximately MUSD 230 Production for the nine month period in line with mid-point of revised full year guidance: 78–82 Mboepd Operating cost of USD 3.49 per barrel for the nine month period, full year guidance adjusted down to bel ...

OilVoice Press - OilVoice

Posted 2 years agoPress > Lundin PetroleumEarningsResults +2

Polarcus Third Quarter 2018 - Improved Revenue and Backlog

Polarcus Limited ("Polarcus" or the "Company") (OSE: PLCS) releases its third quarter 2018 financial statements. Headlines Q3 2018: Segment ¹ revenue of USD 55.2 million, up 14% from Q2 2018 (IFRS revenue of USD 87.0 million) Gross cost of sales of USD 39.8 million, down 3% from Q2 ...

OilVoice Press - OilVoice

Posted 2 years agoPress > PolarcusEarningsResults +1

Santos Energy Third Quarter Activities Report

Key Highlights Strong production and revenue growth  Third quarter production up 6% to 15 mmboe due to strong performance across the core assets  Sales revenue up 10% to $973 million, including record quarterly LNG revenues of $405 million  PNG LNG achieved record daily rates equivalent to ...

OilVoice Press - OilVoice

Posted 2 years agoPress > Santos EnergyEarningsResults +3

TGS Q3 2018 Revenue Update

ASKER, NORWAY  - Based on preliminary reporting from operating units, TGS management expects net revenues for the third quarter of 2018 to be approximately USD 141 million. "TGS continued its good late sales momentum in Q3 2018 with a growth of 35% Y/Y. Once again, our financial results benefi ...

OilVoice Press - OilVoice

Posted 2 years agoPress > TGSNorwayrevenue

OPEC Net Oil Export Revenues Increased in 2017, Will Likely Continue to Increase in 2018

Source: U.S. Energy Information Administration, OPEC Revenues Fact Sheet Members of the Organization of the Petroleum Exporting Countries (OPEC) received about $567 billion in net oil export revenues in 2017, up 29% from revenues in 2016. Increases in both crude oil prices and in net OPEC ...

OilVoice Press - OilVoice

Posted 2 years agoOpinion > EIAEnergy Information Administration EIAOPEC +4

Record Russian Budget Revenues Forecast From Oil and Gas Sector, Says GlobalData

Russia is set to reap record ruble revenues from the upstream oil and gas sector over the next six years, according to GlobalData , a leading data and analytics company. As the country's oil export duties are phased out over the 2019-2024 period by the so-called tax maneuver, Mineral Extraction T ...

OilVoice Press - OilVoice

Posted 2 years agoOpinion > GlobalDataRussiaBudget +5

Wood: Half Year Results for the 6 Months Ended 30 Jun 18

"Performance in the first half is at the upper end of our guidance range, reflecting continued momentum in trading and delivery of cost and revenue synergies. Integration is ahead of schedule and we are increasing our three year cost synergy target from at least $170m to at least $210m . Wood is d ...

OilVoice Press - OilVoice

Posted 2 years agoPress > WoodResultsEarnings +1

DNO Presses Foot on Accelerator in Kurdistan; Plans Dividend Payments Following Strong Half-Year 2018 Results

Oslo, 16 August 2018 - DNO ASA, the Norwegian oil and gas operator, today announced plans for its first dividend distribution to shareholders in 13 years following release of strong half-year 2018 results, including revenues of USD 289 million which were up 83 percent from the same period last year ...

OilVoice Press - OilVoice

Posted 2 years agoPress > DNODividendKurdistan +10

Polarcus Q2 2018 - Increased Revenue With Improving Market Indicators

Polarcus Limited ("Polarcus" or the "Company") (OSE: PLCS) releases its second quarter 2018 financial statements. HEADLINES Q2 2018: Adjusted ¹ revenues of USD 48.4 million, up 21% from Q1 2018 (IFRS revenues of USD 44.6 million) Gross cost of sales of USD 41.1 million, up 9% from ...

OilVoice Press - OilVoice

Posted 2 years agoPress > Polarcusrevenue