Tag: oil price

Mining & Resources

Strong oil activity helps Santos hit record revenues

Oil and gas firm Santos has revealed its best ever quarterly sales revenues - $1.1 billion for the final three months of 2013. The organisation said strong oil prices, solid third-party sales volumes and excellent oil production figures were the primary drivers of its improved performance. In Q4, Santos produced 13.1 million barrels of oil…

3 Feb 2014, by Informa Insights

Mining & Resources

With Syria crisis averted, oil prices level off

Oil prices were on the rise for weeks when tensions were high after the Syrian government's alleged use of chemical weapons. However, when diplomacy helped the US avert a missile strike on the Middle Eastern nation, prices came tumbling back down. In late August, crude oil shipped from Texas rose to its highest level in…

13 Sep 2013, by Informa Insights