Home › oil
 

Keywords :   


Tag: oil

OPEC, Russia Reach Deal to Cut Oil Production

2020-04-09 22:35:00| OGI

Oil prices fall as traders fear reductions agreed to by OPEC and Russia will fail to offset biggest demand collapse in history.

Tags: production deal cut reach

 

Saudi Arabia Buys Stakes in European Oil Majors

2020-04-09 20:00:00| OGI

The purchases of stakes in four major European oil companies come during a global oil and gas industry downturn, as demand has slumped during the coronavirus outbreak.

Tags: oil european arabia saudi

 
 

US Oil Rig Count Drops to Lowest Since December 2016

2020-04-09 19:47:42| OGI

Drillers cut 58 oil rigs in the week to April 9, bringing down the total count to 504, energy services firm Baker Hughes Co. said in its weekly report.

Tags: december count lowest oil

 

ProPetro Plans up to 20% Cut to Executive Pay as Oil Slumps

2020-04-09 15:13:50| OGI

ProPetro Holding Corp. said on April 9 it will reduce compensation at different levels by up to 20%, the latest oilfield services provider looking to rein in costs to weather a steep drop in oil prices.

Tags: pay plans cut executive

 

US Interior Department: One Offshore Oil Company Seeking Royalty Relief So Far

2020-04-09 14:58:07| OGI

Lawmakers have asked the interior secretary to cut the royalty rate oil and gas companies must pay on their offshore drilling operations temporarily to counter the fallout of the coronavirus pandemic.

Tags: so company department oil

 

Sites : [364] [365] [366] [367] [368] [369] [370] [371] [372] [373] [374] [375] [376] [377] [378] [379] [380] [381] [382] [383] next »