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Trump Admin to Buy Oil Despite Exclusion from Stimulus Bill

2020-03-25 22:00:00| OGI

Small and midsize oil producers are the focus of the initial purchases. Buyers with fewer than 5,000 employees are eligible to submit proposals.

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Trump Administration Looks to Buy Oil for SPR Out of DOE Budget

2020-03-25 18:00:00| OGI

The Trump Administration has told energy interests not to worry, that money will be found in the DOE's budget, one of the sources said, though it was unclear how much money could be appropriated.

Tags: buy administration oil budget

 
 

SoftBank in $41bn push to buy back shares

2020-03-23 01:00:00| Total Telecom industry news

SoftBank has announced that it plans to sell around $41 billion of its assets in an attempt to reinforce its falling share prices and reduce its debt. With debt currently totalling around $55 billion, the company has been hit significantly by the coronavirus pandemic, largely due to its investments in hotel groups and ride…read more on TotalTele.com »

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US To Buy Initial 30 Million Bbls Of Oil For Emergency Stockpile

2020-03-20 15:23:59| OGI

Government to concentrate purchases from producer with fewer than 5,000 employees.

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Next boss: 'People do not buy a new outfit to stay at home'

2020-03-19 08:59:25| BBC News | Business | UK Edition

The retailer says both online and store sales will suffer "significant losses" as a result of coronavirus.

Tags: to home people buy

 

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