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Chinese Buyers Snap Up US Oil at Widest Discounts Ever

2020-04-01 15:57:49| OGI

WTI discounts are $6 to $7 a barrel, increasing pressure on producers to shut in wells.

Tags: ever chinese oil buyers

 

Chevrons Venezuela Oil Joint Ventures Cut Fieldwork

2020-04-01 15:34:16| OGI

Chevron holds stakes at four oil and gas joint ventures with PDVSA.

Tags: cut oil joint venezuela

 
 

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

 

IndustryVoice: Certified Labs Actively Seeking Partnerships in Oil Sector

2020-04-01 15:00:00| OGI

Jerry Finn, group vice president at Certified Labs division of NCH Corp., says the companyone of the largest manufacturers of lubricants in the worldis actively looking for partnerships in the oil and gas sector. 

Tags: oil sector certified seeking

 

IHS Markit: 10 MMb/d of oil production cuts coming

2020-04-01 10:55:35| Green Car Congress

Tags: production coming oil cuts

 

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