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CNOOC to cut oil and gas production in 2016

2016-01-19 15:03:42| Energy - Topix.net

Jan 19 CNOOC Ltd aims to cut oil and gas production in 2016, the Chinese state-controlled company said on Tuesday, as global oil prices plumb 12-year lows. CNOOC Ltd increased production in 2015 as oil prices fell to half their 2014 peak amid weak demand growth and a supply glut.

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CNOOC to cut oil and gas production in 2016

2016-01-19 12:38:52| Oil & Gas - Topix.net

Jan 19 CNOOC Ltd aims to cut oil and gas production in 2016, the Chinese state-controlled company said on Tuesday, as global oil prices plumb 12-year lows. CNOOC Ltd increased production in 2015 as oil prices fell to half their 2014 peak amid weak demand growth and a supply glut.

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As oil plunges, energy companies cut jobs, postpone projects

2016-01-12 22:20:37| Oil & Gas - Topix.net

The world's biggest oil companies are slashing jobs and backing off major invest... . In this Wednesday, Nov. 25, 2015, photo, Cornelio Bonilla pumps gas at Best Food Mart gas station in Gainesville Ga.

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As oil plunges, energy companies cut jobs, postpone projects

2016-01-12 22:20:36| Oil & Gas - Topix.net

The world's biggest oil companies are slashing jobs and backing off major investments as the price of crude falls to new lows - and there may be more pain to come. Companies like BP, which said Tuesday it is cutting 4,000 jobs, are slimming down to cope with the slump in oil, whose price has plummeted to its lowest level in 12 years and is not expected to recover significantly for months, possibly years.

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As oil plunges, energy companies cut jobs, postpone projects

2016-01-12 22:20:35| Oil & Gas - Topix.net

This Thursday, Jan. 15, 2015 file photo shows a BP logo outside a petrol station in the town of Bletchley in Buckinghamshire, England. The world's biggest oil companies are slashing jobs and backing off major investments as the price of crude keeps falling - and it may be just the beginning.

Tags: jobs companies energy cut

 

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