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Analysis: Will OPEC+ Members Comply with Pledged Oil Cuts?

2020-04-24 23:00:00| OGI

The record oil production cuts agreed to by OPEC, Russia and other producers may not be delivered in the short-term, according to analyst.

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Oil Prices Rally on Acceleration of Production Cuts from OPEC Nations

2020-04-23 20:45:00| OGI

Oil prices soared on April 23, extending its rebound after major oil-producing nations said they would accelerate planned production cuts to combat the dramatic slump in demand.

Tags: prices production oil nations

 
 

SL Green Cuts Guidance with Virus Hampering NYC Rent Collection

2020-04-23 19:25:00| National Real Estate Investor

The REIT lowered its guidance for the year amid a slowdown in new leases and rent cuts.

Tags: collection green rent virus

 

TechnipFMC Cuts Executive Pay, Dividend as Pandemic Fallout Bites

2020-04-23 15:13:03| OGI

Oil services company TechnipFMC said on April 22 it would slash the salaries of executives and retainers paid to company directors by 30%, after cutting its dividend by 75% in search of savings to cushion the impact of the novel coronavirus outbreak.

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Kinder Morgan Cuts 2020 Core Profit Outlook, Spending

2020-04-23 15:05:00| OGI

Kinder Morgan also took a non-cash impairment charge of $950 million in the first quarter related to certain oil and gas producing assets in its CO unit.

Tags: core kinder profit morgan

 

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