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(Sharecast News) - Crude oil futures are hurtling lower following Saudi Arabia's decision to slash its official selling price, marking the start of a price war after the Organisation of Petroleum Exporting Countries's failure to strike an agreement with the Russian Federation during the previous week to curb production.
Read more(Sharecast News) - The Chinese coronavirus continued to be the common denominator behind share price movements on the second-tier index on Thursday, although there were some other factors at play, including Russia's reticence thus far to contribute to another reduction in OPEC+ oil production.
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Premier Oil Profit Slips Over 30% Despite Annual Revenue Growth
Read more(Sharecast News) - Premier Oil reported production of 78,400 barrels of oil equivalent per day in its full-year results on Thursday, which was at the upper end of its guidance.
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* To develop operated projects carbon neutrally* Remaining emissions to be covered by offsets* No plans for Scope 3 emissions target* Could trigger arbitration in Mexico from next week* Shares down by more than 6% (Updates with CEO quote)By Shadia N...
Read more* To develop operated projects carbon neutrally* Remaining emissions to be covered by offsets* No plans for Scope 3 emissions target* Could trigger arbitration in Mexico from next week (Adds detail on climate targets, Mexico)By Shadia NasrallaVIENNA...
Read more* To develop operated projects carbon neutrally* Remaining emissions to be covered by offsets* No plans for Scope 3 emissions target* Could trigger arbitration in Mexico from next week* Shares down by over 6% (Adds comment, shares)By Shadia Nasralla...
Read more* To develop operated projects carbon neutrally* Says will be carbon neutral by 2030 (Adds detail)VIENNA, March 5 (Reuters) - British North Sea focused oil and gas producer Premier Oil said on Thursday it recorded a record free cash flow of $327 m...
Read moreLONDON, March 5 (Reuters) - British North Sea oil and gas producer Premier Oil's 2019 profit after tax rose by just under a quarter to $164 million, it said on Thursday, its highest since at least 2014.Premier also committed to reducing its greenh...
Read moreUK Earnings, Trading Statements Calendar - Next 7 Days
Read moreBy Ana Isabel MartinezCIUDAD DEL CARMEN, Mexico, Feb 17 (Reuters) - Mexican national oil company Pemex has begun signing contracts with oilfield service firms specifically invited to submit bids for a new batch of priority exploration and producti...
Read moreBy David Alire GarciaMEXICO CITY, Feb 12 (Reuters) - The dispute over who will run operations for a major offshore oil discovery in Mexico could eventually come down to the technical opinion of the country's independent oil regulator, according to...
Read more(Corrects paragraph nine to clarify percentage of senior commitments and to show creditors have voted in favour of the schemes)* Vote a blow for ARCM hedge fund* Vote still needs formal approval, expected in March* Shares spike higherFeb 12 (Reuter...
Read more* Vote a blow for ARCM hedge fund* Vote still needs formal approval, expected in March* Shares spike higher (Adds comment from creditors' representative, updates share price)Feb 12 (Reuters) - Creditors of Premier Oil gave the indebted oil and gas...
Read moreLenders Back Premier Oil North Sea Buys But Large Creditor Concerned
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