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What the Oil Price Plunge Means for Oilfield Services M&A

2020-05-01 21:00:00| OGI

Offshore drillers and North American shale producers most challenged in terms of debt, says analyst.

Tags: services price ma means

 

Exxon Mobil Posts Loss, $3 Billion Writedown on Oil Price Plunge

2020-05-01 15:15:28| OGI

Exxon Mobil Corp. on May 1 joined a parade of oil companies posting downbeat results on plunging oil demand and collapsing prices, reporting a $610 million first-quarter loss after a nearly $3 billion inventory writedown.

Tags: price posts loss oil

 
 

IEA: Coronavirus Will Trigger Biggest Ever Plunge in Energy Demand, Emissions

2020-04-30 15:20:12| OGI

Economic lockdowns brought on by the coronavirus pandemic look set to cut global energy demand and carbon dioxide emissions by record amounts, the International Energy Agency (IEA) said on April 30.

Tags: energy demand biggest trigger

 

Exxon Mobil to Maintain Dividend Despite Oil Price Plunge

2020-04-29 23:30:00| OGI

Exxon Mobil on April 29 declared a cash dividend of $0.87 cents per sharethe same level as what the company paid its shareholders in first-quarter 2020.

Tags: price oil maintain mobil

 

The Coca-Cola Co Q1 2020 - April volumes plunge 25% - results data

2020-04-21 14:22:00| Daily beverage news and comment - from just-drinks.com

The Coca-Cola Co's global volumes are down 25% this month as out-of-home outlets close their doors.

Tags: results data april volumes

 

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