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Tag: oil
US Oil Lease Sales Draw Few Bids Amid Oil Market Meltdown
2020-03-24 21:00:00| OGI
Oil and gas lease sales in three Western states on March 24 drew few bids as a crash in energy prices tamped down interest among drillers.
Oil Crash Poses Extinction Risk for Some Shale Producers
2020-03-24 20:00:00| OGI
A large part of the oil and gas industry will go into a financial intensive care unit over the next few months as shale producers enter survival mode, an expert says.
Tags: risk
oil
crash
producers
Oil Jumps 3% Towards $28 on Fed Steps to Support Economy
2020-03-24 17:06:26| OGI
Analysts question whether the optimism will hold.
Analyst: Spending on New Oil, Gas Projects Could Fall by 68% This Year
2020-03-24 14:11:02| OGI
Investments are likely to fall to $61 billion, or by 68%, if the Brent crude price stays at about $30 per barrel.
Chemical and oil companies to slash capital spending, slowing investment wave
2020-03-23 16:31:30| Canadian Plastics Headlines
In the wake of the coronavirus and collapse in crude oil prices, chemical, oil and gas, and midstream companies will all slash capital spending for growth projects to preserve cash. The post Chemical and oil companies to slash capital spending, slowing investment wave appeared first on Canadian Plastics.
Tags: companies
capital
investment
oil
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