Oil and Gas Sector: Energised by reforms
The Modi government has been facing flak from many quarters as being big on talk and small on action. But that does not seem true for the oil and gas sector, at least. Diesel decontrol, direct bank transfer of LPG subsidy, formula for domestic gas price fixing, crystallisation of subsidy sharing mechanism for 2015-16, and a progressive framework for auction of marginal fields — it’s been quite an energy-packed year.
BHP weighs more Oil and Gas capital spending cuts
BHP Billiton petroleum president Tim Cutt says capital spending could be cut again for its diminished United States onshore shale business amid depressed prices but is confident in a "medium-term" oil and gas price recovery.
UC sells off $200 million in Coal and Oil sands investments
The UC system has sold off its endowment and pension fund holdings in coal and oil sands companies, a $200-million move that officials said Wednesday was in response to both environmental concerns and rising financial risk in those industries.
Don’t be fooled by the dividend yield. This Oil and Gas company is a punisher
Today I will complete the assignment for Marni who wanted my thoughts on two stocks. Last time, I analyzed the charts for Whitecap Resources Inc. (WCP-T), and now I will undertake an inspection of Freehold Royalties Ltd.(FRU-T). This will be the first time that I examine the case for FRU which holds royalty interests in over 30,000 wells. In the oil and gas sector, ownership of royalty interest bestows title to a portion of the resource or revenue that is produced but does not obligate the owner of the royalty to bear any of the cost of operations.
Career advice for the Oil, Gas bust from executives
As oil prices sank to less than $40 per barrel during the last week in August, senior executives from some of the biggest oil and gas companies in the world, with years of experience in the industry, gave career advice during the Colorado Oil & Gas Association's recent Rocky Mountain Energy Summit in Denver.
Scomi targets US$2b Oil & Gas tender book
Scomi Group Bhd, which is bidding for oil and gas contracts worth US$800 million (RM3.5 billion) currently, is projecting a US$2 billion (RM8.7 billion) oil and gas tender book for the year.
Sahara Plans to Dual List Oil and Gas Unit in London, Lagos
“Over the next five years years, our target is to be one of the largest indigenous producers in Nigeria,” Cole, 48, who owns a third of Sahara, said in an interview at the company’s headquarters in Nigeria’s commercial capital. “A lot is dependent on the IPO. We started down that road before oil prices collapsed, but we’re still focused on it.”