Shutdowns No Problem Long Term For WPL

Woodside Petroleum reported reduced second-quarter production, after planned shutdowns of the Pluto LNG (liquefied natural gas) plant and North West Shelf (NWS) Train 2. However, production was below expectations after a subsequent unplanned shutdown at Pluto. Processing has since resumed, but not before a revision to 2013 group production guidance of 1% to 10%, from between 88 and 94 million barrels of oil equivalent (mmboe) … Continue reading Shutdowns No Problem Long Term For WPL

STJ On Track to Hit Full Year Numbers

St. Jude Medical STJ released solid second-quarter results, and the firm remains on track to meet full-year projections. On the whole, the performance across St. Jude’s product segments are pleasing, and many are particularly heartened to see stability in implantable cardioverter defibrillator sales. After two years of soft demand following a published study that suggested overuse of ICDs, domestic demand fell off and we saw … Continue reading STJ On Track to Hit Full Year Numbers