Gazprom Reports 9.5 Percent Drop in 2012 Profit on Waning Demand, Rising Costs
Bloomberg reported that Gazprom's 2012 profits fell by 9.5 percent in the midst of rising costs and dwindling European demand.
Articles Tagged "Gas Company News"
Miller Energy Increases Acreage in Cook Inlet
Miller Energy Resources, Inc. (NYSE:MILL) announced updates regarding operations and acquisitions of Alaskan assets
FX Energy Reports Results from DST at Tuchola-3K Well
FX Energy, Inc. (NASDAQ:FXEN) announced results from a drill stem test on their Tuchola-3K well in Poland. As quoted in the press release:
Cub Energy and Anatolia Energy Enter Into Strategic Arrangment
ub Energy Inc.(TSXV:KUB) and Anatolia Energy Corp.(TSXV:AEE) have entered into a strategic arrangement in which Cub acquire all the issued and outstanding common shares of Anatolia in exchange for common shares of Cub.
Exxon’s Profits Rise Despite Lower Prices, Production
Bloomberg reported that Exxon's quarterly profits rose to $9.5 billion, or $2.12 a share, thanks to wider chemical margins that absorbed some of the losses of lower crude prices and production.
Cabot Oil & Gas Provides Operational Updates on Marcellus Shale and Marmaton Programs
Cabot Oil & Gas Corporation (NYSE:COG) provided operational updates from its Marcellus Shale leasehold and its Marmaton drilling program in Oklahoma.
Quantum Fuel Systems Technologies Receives Support for Advanced Natural Gas Fuel System and Engine Development
Quantum Fuel Systems Technologies Worldwide, Inc. (NASDAQ: QTWW) announced that they have been recommended for a $1 million grant award to pursue its Advanced Natural Gas Engine Research and Development for Class 3 through Class 7 Applications.
Encana Reports First Quarter Operating Loss of 25 Percent
The Financial Post reported that Encana announced a first quarter drop in operating profits of 25 percent, mostly due to hedging losses
Sinopec’s Puguang Gas Field Not Impacted by Earthquake
Reuters reported that China's largest oil refiner, Sinopec, has said that a recent strong earthquake will not impact operations at their Puguang gas field in southwest China.
CUI Global Acquires Orbital Gas Systems Limited
CUI Global, Inc. (NASDAQ:CUI) announced that they have acquired Orbital Gas Systems Limited
