Atlantic Petroleum seriously squeezed by low oil price

If the anticipated improvement in the oil price does not exceed 75 dollars within the next 12 months, the company will have additional financing needs, writes the small Faroese oil company in an interim report.

BY RITZAU FINANS

The great decline in the oil price that took place during 2014 has wreaked havoc in the oil industry - and Atlantic Petroleum has been no exception.

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Atlantic Petroleum seriously squeezed by low oil price

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Seadrill: Giant deal with Rosneft could be in danger

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Front page now

Lidl's shipping company makes changes to get more customers in store

Professionals: Shipping has a bad image and struggles to attract women

Less freight risks mass layoffs at major UK port

Star Bulk buys back own shares from Oaktree Capital

Russia's new ban could send more countries on a frantic hunt for diesel

Shanghai to set up first pan-Pacific green corridor with Los Angeles

Jan Rindbo warns against tunnel vision: "The honest answer is that none of us know what we'll be sailing on"

A simple reason could explain low dry bulk rates despite good demand

Dubai challenges Singapore as shipping's favorite city

Opinion: Europe's key ports have become better connected after Covid

Cosco to build production chain for green methanol

Russia’s diesel ban threatens to roil global markets – if it lasts

Further reading

Lidl's shipping company makes changes to get more customers in store

Dubai challenges Singapore as shipping's favorite city

Jan Rindbo warns against tunnel vision: "The honest answer is that none of us know what we'll be sailing on"

Shanghai to set up first pan-Pacific green corridor with Los Angeles

A simple reason could explain low dry bulk rates despite good demand

Hapag-Lloyd rolls out Starlink internet to entire fleet

Jobs