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BP Cuts up to $17.5 Billion from Assets Value with Bleaker Oil Outlook

2020-06-15 14:48:22| OGI

The move comes as CEO Bernard Looney prepares to outline his strategy in September to reinvent BP including a reduced focus on oil and gas and a larger renewables business.

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US Grant Royalty Cuts for Struggling Offshore Drillers

2020-06-11 11:20:00| OGI

Offshore oil and gas drillers and lawmakers representing U.S. Gulf Coast states lobbied aggressively for broad cuts to the rate companies must pay on their operations.

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MWC cancellation woes hit GSMA, cuts 20% of staff

2020-06-10 02:00:00| Total Telecom industry news

When the GSMA begrudgingly cancelled MWC at the start of the year, the industry surely had no idea of the scale of the disruption they were about to face at the hands of the coronavirus pandemic. The industry pivoted as best it could…read more on TotalTele.com »

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VT Garment cuts time to market by 20% with PLM

2020-06-09 11:45:00| Daily apparel & textile news and comment - from just-style.com

Thai outdoor and sports apparel manufacturer VT Garment has shortened development lead times, improved accuracy in costing, and gained visibility into sampling materials after implementing a new Product Lifecycle Management (PLM) solution.

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Saudi Arabia to End Voluntary Cuts on Top of OPEC+ Pact

2020-06-08 21:00:00| OGI

Saudi Energy Minister Prince Abdulaziz bin Salman said that this would not continue in July, when Saudi Arabia will pump its OPEC quota, amid signs of demand recovery.

Tags: top end arabia saudi

 

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