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U.S. drillers cut oil and gas rigs for 15th straight week -Baker Hughes
2016-04-02 17:13:16| Oil & Gas - Topix.net
April 1 The number of rigs drilling for oil and natural gas in the United States fell for the 15th straight week to the lowest level since at least 1940, data showed on Friday, as the energy price rout takes its toll on shale producers' financing and their ability to drill new wells. Drillers cut 14 oil and gas rigs in the week to April 1, bringing the total rig count down to 450, oil services company Baker Hughes Inc said in its closely followed report.
Saudi Arabia 'not prepared' to cut oil production - AFP
2016-02-18 20:38:21| IT Services - Topix.net
Saudi Arabia is "not prepared" to cut oil production, Agence France-Presse reported, quoting the Saudi foreign minister Adel al-Jubeir. "If other producers want to limit or agree to a freeze in terms of additional production that may have an impact on the market but Saudi Arabia is not prepared to cut production," al-Jubeir told AFP in an interview.
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Carrizo Oil & Gas Inc (CRZO) Position Cut by Capstone Asset Management Company
2016-02-07 09:16:04| Energy - Topix.net
Capstone Asset Management Company reduced its position in shares of Carrizo Oil & Gas Inc by 12.7% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 16,966 shares of the company's stock after selling 2,460 shares during the period.
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Carrizo Oil & Gas Inc (CRZO) Position Cut by Capstone Asset Management Company
2016-02-07 08:04:19| Oil & Gas - Topix.net
Capstone Asset Management Company reduced its position in shares of Carrizo Oil & Gas Inc by 12.7% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 16,966 shares of the company's stock after selling 2,460 shares during the period.
Tags: company
management
position
cut
Southwestern Energy to cut 1,100 jobs amid oil slump
2016-01-21 19:31:28| Oil & Gas - Topix.net
Southwestern Energy is cutting 1,100 jobs, with the price of crude wallowing at levels not seen in more than a decade. Southwestern Energy had about 2,780 employees at the end of 2014, the last time it reported how many workers it had.
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