Posts Tagged
Oil Search
Oil Search Profit Plunges 89% After Slump in Energy Prices
published Aug 22nd 2016, 7:29 pm, by Perry Williams (Bloomberg) — Oil Search Ltd. posted a 89 percent fall in first-half profit as a drop in energy prices offset increased output at the Papua New Guinea-focused company. Net income was $25.6 million, compared with $227.5 million last year, the Sydney-based