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Big oil to cut investment again in 2016

2016-01-03 14:41:36| Oil & Gas - Topix.net

LONDON, Jan 3 With crude prices at 11-year lows, the world's biggest oil and gas producers are facing their longest period of investment cuts in decades, but are expected to borrow more to preserve the dividends demanded by investors. At around $37 a barrel, crude prices are well below the $60 firms such as Total, Statoil and BP need to balance their books, a level that has already been sharply reduced over the past 18 months.

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Big oil to cut investment again in 2016

2016-01-03 14:41:35| Oil & Gas - Topix.net

With crude prices at 11-year lows, the world's biggest oil and gas producers are facing their longest period of investment cuts in decades, but are expected to borrow more to preserve the dividends demanded by investors. International oil companies are once again being forced to cut spending, sell assets, shed jobs and delay projects as the oil slump shows no sign of recovery.

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$10-Trillion Investment Needed To Avoid Massive Oil Price Spike Says OPEC

2015-12-30 11:57:04| Green Car Congress

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Carrizo Oil & Gas Inc (CRZO) Upgraded by Zacks Investment Research to "Buy"

2015-12-29 14:13:04| Oil & Gas - Topix.net

The brokerage currently has a $34.00 target price on the stock. Zacks Investment Research 's price target points to a potential upside of 12.25% from the company's current price.

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Texas Top Region In The World For Oil And Gas Investment; Alabama And Oklahoma Also Rank High

2015-12-02 02:40:00| oilandgasonline Home Page

Texas remains the most attractive jurisdiction for oil and gas investment in the world, according to an annual global survey of petroleum sector executives, released recently by the Fraser Institute, an independent, non-partisan, Canadian public policy think tank.

Tags: top high world region

 

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