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Schlumberger Cuts Executive Salaries, Reduces Workforce Amid Oil Price Crash

2020-04-01 15:15:23| OGI

Oilfield services provider Schlumberger on March 31 said it will implement widespread salary and job cuts as it grapples with a sharp decline in revenue from the oil price collapse.

Tags: price executive oil crash

 

IHS Markit: 10 MMb/d of oil production cuts coming

2020-04-01 10:55:35| Green Car Congress

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Omdia cuts 2020 TV shipment forecast by 10 percentage points

2020-04-01 00:30:46| Digital TV News

Omdia has slashed its 2020 global television shipment outlook by nearly 10 percentage points, with the market now expected to undergo a sharp downturn due to coronavirus mitigation measures initiated by governments worldwide.

Tags: points percentage cuts forecast

 

Diamondback Energy Cuts 2020 Production Forecast

2020-03-31 15:14:13| OGI

The company said it now plans to produce about 295,000 to 310,000 barrels of oil equivalent per day (boe/d) for the full year, lower than its previous forecast of 310,000 to 325,000 boe/d.

Tags: production energy cuts forecast

 

Altia announces temporary job cuts

2020-03-30 18:00:00| Daily beverage news and comment - from just-drinks.com

Finnish wine & spirits company Altia is to temporarily lay off staff because of the coronavirus.

Tags: job temporary cuts announces

 

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