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Nonresidential Construction Spending Inches Higher

2013-12-19 21:30:00| Electrical Construction & Maintenance

Nonresidential construction spending increased 1.6 percent on a monthly basis in October after declining 1.3 percent in September. read more

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Halcón Reduces 2014 Capital Spending, Unveils 2014 Divestment Plans

2013-12-17 19:30:00| OGI

The company expects any additional non-core asset divestiture to be around $300 to $400 million.

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Shale Development To Accelerate U.S. Capex Spending

2013-12-16 19:00:00| OGI

The spending outlook for 2014 is anticipated to grow by 7% in North America, according to Barclays Researchs 2014 Global E&P Spending Outlook. This is rather rosier than 2% and 4% in 2013 and 2012, respectively. Meanwhile, global spending is expected to grow by 6%. According to the report, large independents with domestic budgets above $1 billion will lead the spending gain, although small E&Ps will follow suit.

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Rare Spike in Public Outlays Sends Construction Spending to Four-Year Peak in October

2013-12-16 17:11:00| Electrical Construction & Maintenance

An unusual surge in public construction in October pushed total construction spending to its highest level since May 2009 despite a dip in both private residential and nonresidential activity. read more

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Halcon To Reduce 2014 Capital Spending, Unveils 2014 Divestment Plans

2013-12-16 10:22:00| OGI

Company will lower drilling budget by 14% to $950 million.

Tags: capital plans reduce spending

 

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