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Marathon Joins Growing Number Of Shale Producers Slashing Spending

2020-03-10 16:15:29| OGI

Analysts with Tudor, Pickering, Holt & Co. applauded Marathon Oils swift reduction, but noted more cuts might be needed.

Tags: number growing spending producers

 

Floods: Budget will double spending on defences, says Treasury

2020-03-07 23:34:06| BBC News | Business | UK Edition

The 5.2 billion over five years will mean 2,000 new flood defences in England, the Treasury says.

Tags: double budget spending treasury

 
 

Exxon Mobil CEO Sticks To Spending Targets As Oil Prices Tumble

2020-03-05 15:22:06| OGI

The company plans to spend between $30 billion and $35 billion a year through 2025.

Tags: prices oil mobil ceo

 

Exxon Mobil To Boost Spending While Other Oil Majors Pull Back

2020-03-05 00:00:00| OGI

The Texas-based supermajor is believed to be pursuing a counter-cyclical strategy despite findings that suggest a mature industry in decline, a recent report says.

Tags: back oil mobil pull

 

US Oil Rig Count Falls Slightly As Producers Cut Spending

2020-02-28 19:31:30| OGI

Drillers cut one oil rig in the week to Feb. 28, bringing down the total count to 678, energy services firm Baker Hughes Co. said in its weekly report.

Tags: cut count oil slightly

 

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