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ExxonMobil announces 2015 reserves additions

Exxon Mobil Corp. has announced it added 1 billion boe of proved oil and gas reserves in 2015, replacing 67% of production, including a 219% replacement ratio for crude oil and other liquids.

 
 
 
 
 

Santos posts significant loss

Santos has reported a net loss of AUS$2.7 billion in 2015, as a result of after tax impairments and the lower oil price.

 
 
 
 
 

Teekay releases 4Q15 results

Teekay GP LLC has announced that the partnership generated distributable cash flow of US$61.5 million in 4Q15, compared to US$69 million in the same period in the previous year.

 

Leadership changes at ConocoPhillips

ConocoPhillips has announced a number of executive leadership changes, as Jeff Sheets prepares to step down as Executive Vice President, Finance and Chief Financial Officer.

 
 

FMC 4Q15 revenue drops

FMC Technologies has reported a 34% decline in 4Q15 compared to the corresponding period of last year.

 

Woodside acquires AGC Profond block acreage

Woodside Energy has entered into an agreement to acquire a 65% participating interest in a Production Sharing Contract and associated joint operating agreement in the AGC Profond block.