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US Shale Firms Cut Budgets, Staff As Oil Price Outlook Dims

2019-09-06 15:30:29| OGI

The slowdown in drilling is spurring cost-cutting in oilfield services, including staff cuts and restructurings at top firms Schlumberger and Halliburton Co.

Tags: price staff cut oil

 

Campos Basin Oil Rigs Decommissioning Carries $12 Billion Price Tag

2019-08-26 22:04:33| OGI

All 21 old rigs that will be decommissioned are operated by state-controlled oil company Petrobras, development secretary Lucas Tristo told Reuters.

Tags: price tag oil billion

 
 

As Permian Oil Production Turns Lighter, Price Outlook Darkens

2019-06-06 22:29:44| OGI

The United States may now be the world's biggest crude producer, but the oil being produced in its prolific Permian basin is increasingly too light in density for domestic refiners or for exports, eroding prices for these orphan barrels.

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Managing The Oil Price Cycle

2019-05-01 14:00:00| OGI

Which E&P model fares better through the cycles: pure plays or diversifeds in more than one play?

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Oil price drops amid fears over demand

2018-11-13 22:12:38| BBC News | Business | UK Edition

The latest falls come after oil cartel Opec reduces its forecast for global oil demand next year.

Tags: price oil demand drops

 

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