Volga Gas posts an operating loss of $1.23 million in the first half of 2015, compared to an operating profit of $8.49 million during the same period last year.
Source: Offshore
Volga Gas Posts .2M Operating Loss
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The rebound in oil prices has not been enough to stop the bleeding at many US energy companies, whose bonds keep weakening – and whose ability to muster fresh capital is dwindling away.
Source: Offshore
Oil, Bonds Go Their Separate Ways
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Repsol reaches an agreement to sell its 10% stake in Compania Logistica de Hidrocarburos to Ardian, for $362 million, as part of a program that is designed to streamline its non-strategic asset portfolio.
Source: Offshore
Repsol Streamlines Non-Strategic Asset Base, Sells CLH Stake
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RoyalGate Energy will drill a new well in Equatorial Guinea’s Block Z in the first quarter of 2016.
Source: Offshore
RoyalGate to Drill New Well in Equatorial Guinea's Block Z
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Malaysia’s PETRONAS looks to technology to deal with challenges arising from its global drilling operations.
Source: Offshore
PETRONAS Leverages on PRTVC to Handle Complex Operations Worldwide
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US energy firms cut oil rigs for a fourth week in a row this week, data shows, a sign the continued weak prices were causing energy firms to reduce drilling plans.
Source: Offshore
Baker Hughes: US Oil Drillers Cut Rigs For 4th Week On Weak Crude
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The GLNG project produces its first LNG on Curtis Island, Australia, on schedule and within budget.
Source: Offshore
Santos: GLNG Project Produces First LNG
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Consumer Energy Alliance and Consumer Energy Education Foundation to host the 5th Annual Energy Day Festival Saturday, Oct. 17.
Source: Offshore
CEA, CEEF to Host 5th Annual Energy Day Festival in Houston
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Transerv Energy believes the Warro field onshore Australia may be bigger than previously thought, after a 574 foot gas interval was encountered at the Warro-5ST well.
Source: Offshore
Transerv: Warro Field May Be Bigger Than First Thought
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Repsol is exploring options including a sale of part or all of its stake in Gas Natural SDG SA to shore up its balance sheet amid low oil prices, according to people familiar with the matter.
Source: Offshore
Repsol Said to Consider Options for Its Gas Natural Stake
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