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Report: Russian Oil Bosses Debate Extending Production Cuts into 2021

2020-11-02 21:40:00| OGI

OPEC and Russia imposed a record oil output cut in April to support prices as the COVID-19 pandemic shrank demand. They are considering further steps as the global number of coronavirus cases is rising sharply.

Tags: report production oil russian

 

Pizza Express cuts 1,300 more jobs

2020-10-29 17:51:58| BBC News | Business | UK Edition

The announcement comes weeks after the firm said it would cut 1,100 jobs and close 73 restaurants.

Tags: jobs express pizza cuts

 
 

Hess Posts Wider-than-expected Q3 Loss, Cuts Annual Production Forecast

2020-10-28 14:01:23| OGI

U.S. oil and gas producer�Hess�Corp. reported a�wider-than-expected�loss�on Oct. 28 and slightly lowered its full year�production�forecast, as its operations were affected by hurricanes in the Gulf of Mexico and lower�production�in South East Asia.

Tags: posts production loss annual

 

Exxon Mobil Very Close to Disclosing US, Canada Job Cuts

2020-10-22 11:10:00| OGI

The job cuts are part of a plan unveiled this spring to redesign how Exxon�Mobil works and to increase competitiveness, CEO Darren Woods said in an email to its nearly 75,000-person workforce.

Tags: close canada job mobil

 

British Airways owner IAG cuts flight numbers again

2020-10-22 09:42:57| BBC News | Business | UK Edition

Airline group IAG is reducing capacity further as it reports a hefty loss for the past three months.

Tags: owner numbers british flight

 

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