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Tag: crash
Worst Property Debt Crash in Years Looms for Workout Specialists
2020-05-06 16:43:00| National Real Estate Investor
CMBS special servicers are bracing for the worst crash of their careers.
Tags: years
property
debt
worst
Oil Price Crash Threatens Texas University Endowments
2020-05-04 22:00:00| OGI
Turmoil in the oil market slashes Texas colleges revenues.
Tags: price
university
texas
oil
Banks Contend with Deep Impact Post Oil Crash on E&P Borrowing
2020-04-03 23:30:00| OGI
Both the COVID-19 pandemic and the oil price crash have had a deep impact on what E&Ps and their lenders expect compared to what they thought last fall, according to a Haynes and Boone report.
Schlumberger Cuts Executive Salaries, Reduces Workforce Amid Oil Price Crash
2020-04-01 15:15:23| OGI
Oilfield services provider Schlumberger on March 31 said it will implement widespread salary and job cuts as it grapples with a sharp decline in revenue from the oil price collapse.
Tags: price
executive
oil
crash
Shell Expects Up to $800 Million Write-down after Oil Crash
2020-03-31 20:00:00| OGI
Shell said it expects significant uncertainty over oil and gas prices and demand as consumption falls due to COVID-19 lockdowns across the globe.