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Record deal to cut oil output ends price war

2020-04-12 22:26:21| BBC News | Business | UK Edition

Oil producing nations agree a deal that will see output reduced by nearly 10 million barrels a day.

Tags: price war record deal

 

OPEC, Russia Reach Deal to Cut Oil Production

2020-04-09 22:35:00| OGI

Oil prices fall as traders fear reductions agreed to by OPEC and Russia will fail to offset biggest demand collapse in history.

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Chevrons Venezuela Oil Joint Ventures Cut Fieldwork

2020-04-01 15:34:16| OGI

Chevron holds stakes at four oil and gas joint ventures with PDVSA.

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Oil Companies Cut Hundreds of Jobs in Texas, New Mexico

2020-03-23 10:10:00| OGI

Apache said it would cut 85 people in its Midland, Texas office, while oilfield firm FTS International said it would lay off 35 workers in Fort Worth, Texas and 85 workers in Hobbs, N.M.

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US Lawmakers Ask Interior To Cut Offshore Oil Royalty Rates Due To Market Slump

2020-03-20 21:50:36| OGI

The economic fallout of the outbreak combined with a price war between major oil producer nations Saudi Arabia and Russia has triggered a slump in crude oil prices that threatens the once booming U.S. drilling industry.

Tags: due market rates cut

 

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