HONG KONG March 27 Reuters China's top offshore oil producer CNOOC Ltd said on Friday its 2014 net profit rose 65 percent beating forecasts as cost cuts and higher output helped it offset the slide in global oil prices CNOOC China's third largest oil |
opec mulls emergency meeting amid low oil prices - csmonitor.comsome opec members concerned about the economic impact of low oil prices say the cartel may have to call an emergency meeting sooner rather than later but saudi arabia the most influential member is likely to veto such an idea |
opec said not to plan emergency meeting amid falling oil prices - bloomberg.combloomberg the organization of petroleum exporting countries has no plans to hold an emergency meeting amid falling oil prices according to a delegate from the group crude prices have dropped almost 50 percent from a june peak as opec refused to |
low oil prices, reform could spell 'economic catastrophe' for mexico - bnamericas.comlow oil prices coupled with the type of contracts for oil and gas production that could be awarded to the private sector as a result of the country's reforms could push mexico into an economic catastrophe experts and academics have warned the reform which |
cash flow from oilsands expected to take $23b hit from low oil prices - calgaryherald.comlow oil prices will erode oilsands cash flows by $23 billion us over the next two years but producers are not expected to reduce output from existing projects according to a new analysis from wood mackenzie the global energy consultancy forecasts capital |
low oil prices to slow canada's economic growth in 2015: td - ctvnews.catoronto td bank trimmed its outlook for the canadian economy as it predicted low oil prices will take a larger bite out of the first quarter before the economy picks up in the second half of the year the bank cut its growth forecast for the first quarter to an |
ophir cuts spending to cope with lower oil prices - uk.reuters.comlondon march 19 reuters oil explorer ophir energy which completed the acquisition of rival salamander energy this month returned to profit last year and said it would cut spending by $250 million over two years to deal with low oil prices |
woodside focuses on cost cuts to battle oil slump - af.reuters.commelbourne feb 18 reuters woodside petroleum ltd australia's biggest oil and gas producer said it would focus on cutting more costs to withstand a slump in oil prices after reporting a record profit and paying a better than expected dividend |
basf profit up 25% despite chill from oil prices - marketwatch.comludwigshafen germanystrong growth in basf se's core chemicals business allowed the german company to post a 25% rise in net profit for the fourth quarter even as the global plunge in oil prices sharply cut into earnings at its oil and gas division |
as houston's housing market slows, number of underwater homeowners could rise - bizjournals.comas houston's housing market begins to slow down amid low oil prices experts fear an uptick in the rate of underwater homeowners unlike many markets nationally houston escaped the housing bubble collapse of 2008 relatively unscathed houston didn't |
low oil prices push up canadian trade deficit to near record - torontosun.comottawa canada's trade deficit in january more than doubled to a nearrecord $245 billion statistics canada said on friday amid a slump in oil prices that has crimped the resourcedependent economy the deficit considerably wider than the $1 billion |
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