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Tag: capex
IHS: Expect Capex, Production to Continue Declining
2020-04-08 20:54:14| OGI
Replacement production dynamics signal hope.
Tags: continue
production
expect
declining
Petrobras Cuts Output, $3.5 Billion of Capex Amid Pandemic
2020-03-26 14:07:19| OGI
In a securities filing, Petrobras said it was reducing oil production by 100,000 barrels per day (bbl/d) through the end of March due to lower global demand.
Tags: output
billion
cuts
amid
Schlumberger, Halliburton to Accelerate Capex Cuts in Anticipation of Slowdown
2020-03-24 18:30:00| OGI
Schlumberger and Halliburton plan to accelerate cost-cutting in hopes of significantly reducing spending this year, executives from the two major oilfield services firm said during a conference on March 24.
Tags: cuts
accelerate
anticipation
slowdown
Exxon Mobil, Hess, Concho, Callon, Kosmos Join US Producers Tightening Capex
2020-03-17 19:00:00| OGI
On average, Reuters estimates North America oil and gas producers have cut their 2020 budgets by about 30% since the fall in oil prices.
Tags: join
mobil
producers
hess
Husky Energy Slashes Capex Plans By C$900 Million
2020-03-13 15:33:31| OGI
Canadian producer follows rivals, citing global market conditions.
Tags: million
plans
energy
husky
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