Edition:
India

Nishara Karuvalli Pathikkal

ConocoPhillips to reverse most output cuts by end of third quarter

31 Jul 2020

ConocoPhillips said on Thursday it expects production curtailments in the current quarter to be roughly half as much as last quarter and will restore most of its output by the end of September, after the oil and gas producer slashed about a third of its output in April as oil prices plunged 41%.

UPDATE 3-ConocoPhillips to reverse most output cuts by end of third quarter

31 Jul 2020

July 30 ConocoPhillips said on Thursday it expects production curtailments in the current quarter to be roughly half as much as last quarter and will restore most of its output by the end of September, after the oil and gas producer slashed about a third of its output in April as oil prices plunged 41%.

ADM sees increased cardboard demand, weak ethanol use during pandemic

01 May 2020

CHICAGO/BANGALORE The coronavirus pandemic is fueling demand for cardboard boxes - a boon for global food company Archer Daniels Midland Co's industrial starches business - as consumers rush to order goods online amid widespread shutdowns, company executives said onThursday.

Halliburton books $1.1 billion charge, slashes spending by 50%

20 Apr 2020

U.S. oilfield services giant Halliburton on Monday reported a $1 billion first-quarter loss on charges and outlined the largest budget cut yet among top energy companies as U.S. crude futures plunged to two-decade lows.

UPDATE 4-Halliburton books $1.1 billion charge, slashes spending by 50%

20 Apr 2020

April 20 U.S. oilfield services giant Halliburton on Monday reported a $1 billion first-quarter loss on charges and outlined the largest budget cut yet among top energy companies as U.S. crude futures plunged to two-decade lows.

Whiting Petroleum plunges to record low on weak production forecast

27 Feb 2020

U.S. oil producer Whiting Petroleum Corp forecast a wider-than-expected fall in quarterly production on Thursday as its drilling operations were hit by severe bad weather, sending its shares tumbling 42% to a record low.

UPDATE 2-Whiting Petroleum plunges to record low on weak production forecast

27 Feb 2020

Feb 27 U.S. oil producer Whiting Petroleum Corp forecast a wider-than-expected fall in quarterly production on Thursday as its drilling operations were hit by severe bad weather, sending its shares tumbling 42% to a record low.

Surging gold prices propel earnings at miners Newmont, Kirkland

21 Feb 2020

Surging gold prices propelled miners Newmont Corp and Kirkland Lake Gold Ltd to beat estimates for quarterly profit on Thursday as industry consolidation began to bear fruit for long-suffering shareholders.

WRAPUP 2-Surging gold prices propel earnings at miners Newmont, Kirkland

21 Feb 2020

Feb 20 Surging gold prices propelled miners Newmont Corp and Kirkland Lake Gold Ltd to beat estimates for quarterly profit on Thursday as industry consolidation began to bear fruit for long-suffering shareholders.

Corteva signals hit from delayed planting in Brazil, slowing China

31 Oct 2019

Corteva Inc said on Thursday demand for grains and oilseeds could be hit by a delayed soybean planting in Brazil and cooling growth in China and emerging economies, sending its shares down 8%.

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