Posts Tagged ‘fall’
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Lower output hits Origin’s revenues

by on October 31, 2012 5:11 am BST
Origin generated $224.5 million (US$233 million) over the three months to 30 September, down from A$232.3 million for the third quarter of 2011.The fall in revenue came as output fell from about 6.3 million barrels of oil equivalent a year ago, to roughly 5.7 million boe during the third quarter this year.Origin

Statoil posts higher profits

by on October 26, 2012 6:17 am BST
The company posted  a net profit of Nkr14.5 billion ($2.5 billion) for the three months to 30 September, up from a profit of Nkr9.9 billion during the third quarter of 2011.The rise in profits came despite revenues slipping from Nkr166.4 billion during the third quarter of 2011 to Nkr165.3 billion this year.

Kumul shut down hits Oil Search’s revenue

by on October 23, 2012 4:32 am BST
Total operating revenue for the three months to 30 September totaled $107.8 million, down from $211.3 million during the previous quarter.The fall in revenue was largely attributed to a 26% decline in output to about 1.3 million barrels of oil equivalent during the quarter.Output during the September quarter was shut

BoE’s Tucker confident lending scheme will help UK

by on October 12, 2012 7:24 am BST
TOKYO | Fri Oct 12, 2012 3:24am EDT TOKYO Oct 12 (Reuters) - Bank of England Deputy Governor Paul Tucker said on Friday that he was confident the central bank's new scheme to boost bank lending would help lower interest rates faced by businesses and households. Speaking at a banking conference in Tokyo organised