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Saudi Aramco Reportedly Slowing Diversification Plans amid Oil Downturn
2020-09-03 16:15:00| OGI
Oil company Saudi Aramco is reviewing plans to expand at home and abroad in the face of sharply lower oil prices and a heavy dividend burden, the Wall Street Journal reported.
Ocado halts staff deliveries temporarily amid order backlog
2020-09-03 12:28:49| BBC News | Business | UK Edition
The online grocer says the temporary suspension is due to extra demand following its deal with M&S.
Tags: order
staff
temporarily
amid
US Crude Stocks Drop Sharply after Record Fall in Production Amid Hurricane
2020-09-02 18:35:00| OGI
Crude oil inventories fell by 9.4 million barrels in week to Aug. 28 to 498.4 million barrels, according to EIA data, compared with analysts' expectations in a Reuters poll for a 1.9 million-barrel drop.
Tags: record
fall
production
drop
Equinor Halts US Shale Drilling for 2020 Amid Significant Job Cuts
2020-08-26 22:20:00| OGI
Equinor plans to not drill any new unconventional wells this year in the U.S., where it has acreage in the Bakken and Marcellus shale formations, a spokesman for the Norway-based oil and gas company said.
Tags: job
significant
cuts
drilling
Financial firms 'must do more' amid coronavirus complaints
2020-08-26 01:24:58| BBC News | Business | UK Edition
More than 3,500 complaints about coronavirus-related financial issues have been made to the ombudsman.
Tags: financial
firms
complaints
amid
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