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Report: Coronavirus To Cut E&P Investments By $30 Billion In 2020
2020-03-02 14:15:00| OGI
Lower oil prices will result in oil and gas companies scaling down their flexible investment budgets, especially shale operators in the U.S. as well as some offshore E&P players, Rystad said.
Occidental Petroleum Posts Loss After Taking Over $1.7 Billion Impairment, Charges
2020-02-28 16:00:00| OGI
Occidental Petroleum has been aggressively cutting costs by laying off staff and selling assets to pay down its $38.54 billion debt pile following its acquisition of Anadarko Petroleum.
Tags: posts
taking
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Rio Tinto to invest $1 billion over 5 years to help meet new climate change targets
2020-02-27 09:55:35| Green Car Congress
North American pay TV revenues to fall by $50 billion
2020-02-27 08:20:15| Digital TV News
Pay TV revenues in Canada and the US peaked in 2015 at $112bn. Digital TV Research forecasts that revenues will fall by $50bn to $62bn in 2025. Cable revenues will decline by $22bn. Satellite TV will fall by $21bn and IPTV will drop by $7bn.
Williams Seeks To Raise $5 Billion By Selling Stake In G&P Pipelines
2020-02-26 23:41:49| OGI
Company wants to cash out assets to be able to pay down debt.
Tags: selling
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