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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.

Tags: post impact deep oil

 

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.

Tags: million oil shell crash

 

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