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Dominion Takes $2.8 Billion Charge to Exit Atlantic Coast Natgas Pipe
2020-07-31 18:24:50| OGI
U.S. energy company Dominion Energy Inc. said July 31 it took a $2.8 billion charge in the second quarter related to the cancellation of the Atlantic Coast natural gas pipeline from West Virginia to North Carolina.
Chevron Posts $8.3 Billion Q2 Loss on Writedowns, Job Cuts
2020-07-31 14:40:29| OGI
Chevron wrote down its oil and gas production properties by $5.6 billion, including its entire investment in crisis-ravaged Venezuela.
ConocoPhillips Sinks to $1 Billion Loss on Weak Oil Price
2020-07-30 18:20:00| OGI
Shares in ConocoPhillips, the largest independent producer in the U.S. by market cap, fell sharply despite news it is gradually restoring oil production.
Occidental Petroleum Reportedly Nearing $4.5 Billion Asset Sale
2020-07-30 11:10:00| OGI
Pertamina is negotiating the acquisition of Occidental's oil and gas stakes in countries including Ghana and the United Arab Emirates, a report said, citing people with knowledge of the matter.
Tags: sale
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Total Says It Will Book $8 Billion Asset Impairments
2020-07-29 20:45:44| OGI
The impairment charge is mainly on its Canadian oil sands and LNG projects, the company said.
Tags: total
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