Malaysia Marine and Heavy Engineering Holdings Berhad (MHB) announced its financial results for the three months ended 31 December 2013. The Group achieved a revenue of RM922 million (RM665,3 million) with profit before tax of RM57 million. During the quarter, MHB successfully completed and delivered the OSX-3 FPSO External Turret and the Telok-B Jacket. On [...]
Repsol posted net income of 631 million euros in the first quarter of 2013, a rise of 1.6% from the year-earlier period at current cost of supply. Calculated based on MIFO criteria, net income was 634 million euros. These earnings are especially significant as the first quarter of 2012 included earnings from YPF. The improved [...]
Marathon Oil Corporation reported first quarter 2013 net income of $383 million, or $0.54 per diluted share, compared to net income in the fourth quarter of 2012 of $322 million, or $0.45 per diluted share. For the first quarter of 2013, adjusted net income was $361 million, or $0.51 per diluted share, compared to adjusted [...]
Gujarat Gas Consolidated Net Sales for the quarter was Rs 7,629 million as compared to Rs 7,143 million in the same quarter previous year, an increase of 7%. The consolidated Profit after Tax (PAT) for the quarter was Rs 595 million, compared to Rs 654 million in the same quarter previous year. There was a [...]
Chart Industries, Inc., a leading independent global manufacturer of highly engineered equipment used in the production, storage and end-use of hydrocarbon and industrial gases, today reported results for the first quarter ended March 31, 2013. Highlights include: Sales up 27% from prior year quarter Reiterates 2013 earnings guidance Announces new award in excess of $45 [...]
Fortune Oil today reports its results for the financial year ending 31 December 2012. Corporate highlights: Agreed transformational combination of Fortune Oil’s natural gas business with that of China Gas Holdings Limited for consideration of US$400 million, of which Fortune Oil share is US$340 million. Will strengthen Fortune Oil’s strategic investment in China Gas Holdings [...]
Halliburton announced today that income from continuing operations for the first quarter of 2013 was $624 million, or $0.67 per diluted share, excluding a $637 million charge, after-tax, or $0.68 per diluted share, to increase a reserve related to the Macondo litigation. Income from continuing operations for the first quarter of 2012 was $826 million, [...]
GE announced first-quarter 2013 operating earnings of $4.1 billion, or $0.39 per share, up 14% and 15% respectively from the first quarter of 2012. GAAP earnings from continuing operations were $3.6 billion, or $0.35 per share, up 13% and 17% respectively. Gains from the sale of GE’s remaining stake in NBCUniversal were $0.04 per share [...]
Green Dragon Gas, one of the largest independent companies involved in the production of CBM gas and the distribution and sale of wholesale gas in China, announced an increase in its estimated reserve volumes and values as at 31 December 2012, as provided by independent reserve engineers Netherland Sewell & Associates, Inc (NSAI). Reserves Highlights: [...]
NOVATEK reported preliminary natural gas production data for the first quarter 2013. Gross natural gas production for the first quarter totaled 16.1 billion cubic meters (‘bcm’), which is 9.7% higher than the corresponding gross production in the first quarter 2012. Gross natural gas production in March 2013 totaled 5.54 bcm, representing a 12.1% increase as [...]