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Exxon Mobil Could Delay Third Guyana Project Amid Low Prices, Spending Cuts

2020-04-07 18:17:28| OGI

Payaras startup had been slated for as early as 2023 and was expected to eventually produce some 220,000 barrels per day (bbl/d) of crude, according to Exxons website.

Tags: low project prices mobil

 

Interview: Harold Hamm Highlights US Oil Cuts Amid Push for Russia-Saudi Curbs

2020-04-07 15:00:00| OGI

Continental Resources executive chairman Harold Hamm says U.S. shale producers are being forced to act because of storage tank limits.

Tags: oil interview push highlights

 
 

Halliburton Cuts More US Jobs as Oil Bust Deepens

2020-04-06 23:00:00| OGI

Oilfield services firm Halliburton on April 6 was cutting about 350 employees in Oklahoma, according to a filing with the state, amid a deepening oil bust.

Tags: jobs oil cuts bust

 

US E&P Sector to Face Declines Following Cost Cuts

2020-04-06 20:58:00| OGI

The outlook was delivered as operators followed through on plans to drop rigs and completion crews to save money.

Tags: cost face sector cuts

 

Woolworths cuts apparel orders, warns on FY profit drop

2020-04-06 14:19:00| Daily apparel & textile news and comment - from just-style.com

Woolworths South Africa is cutting down orders from its apparel suppliers as part of measures to manage costs during the coronavirus crisis, amid a warning it will miss full-year earnings by at least 20%.

Tags: orders apparel drop profit

 

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