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Coronavirus: Oil price collapses to lowest level for 18 years

2020-03-30 09:05:23| BBC News | Business | UK Edition

The price of crude sinks to $23 a barrel as demand plummets due to the coronavirus pandemic.

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Aker BP Eyes Layoffs Amid Oil Price Crash, Coronavirus

2020-03-27 14:06:06| OGI

Aker BP, 30% owned by BP, said on March 23 it would cut its planned 2020 capital spending by 20% but kept its production guidance unchanged.

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Lawmaker Urges State Dept. to Boost Oil Price War Diplomacy

2020-03-26 14:54:21| OGI

McCaul applauds efforts to convince Saudis and Russians to cut production.

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Seismic Firm Polarcus Project Cancellations Highlight Oil Price Slump

2020-03-23 13:50:31| OGI

Polarcus Ltd., which operates ships that search for offshore oil and gas, announced two project cancellations on March 23 that will reduce its fleet utilization next quarter, highlighting the effects of the oil price slump on the energy services sector.

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Oil Price Crash, Coronavirus Adds To Challenges For Vaca Muerta Shale

2020-03-20 13:57:41| OGI

Some Argentinians want to decouple from Brent crude, a benchmark for the country, as development of its prized Vaca Muerta shale assets face continued woes.

Tags: price oil challenges adds

 

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