OPERATIONS

AWE optimistic despite oil prices hitting bottom line

AUSTRALIAN Worldwide Exploration's quarterly revenue, like many of its fellow oilies, has been hit by lower prices with the company posting revenue of $87 million, a 22% drop on-quarter.

AWE optimistic despite oil prices hitting bottom line

"Difficult financial circumstances have plagued the whole oil and gas industry during the year and AWE has not been immune from these pressures," managing director Bruce Wood said. "Lower oil prices...

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A growing series of reports, each focused on a key discussion point for the energy sector, brought to you by the Energy News Bulletin Intelligence team.

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