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Chevron accelerating asset sales to $15 billion on oil slide

2015-03-11 11:19:16| Energy - Topix.net

Chevron will increase asset sales by 50 percent to $15 billion and curtail new investment for the next two years after plunging oil prices squeezed cash flow for the second-biggest U.S. energy producer. Chevron's divestment of oil and natural gas fields and other exploration and production assets will continue through 2017, Chairman and Chief Executive Officer John Watson said during a presentation to analysts in New York on Tuesday.

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Chevron accelerating asset sales to $15 billion on oil slide

2015-03-11 03:32:32| Oil & Gas - Topix.net

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FTSE up but Barclays shares slide

2015-03-03 10:38:07| BBC News | Business | UK Edition

The FTSE 100 rises but shares in Barclays fall 2% after the bank sets aside another 750m to cover any fallout from a probe into currency market manipulation.

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Tales from an oil-sands slide: angst amid bravado in Alberta

2015-02-25 08:14:00| Oil & Gas - Topix.net

In the midst of the price swoon, many executives and workers remain confident the oil-sands industry will pull through. Photo / Thinkstock The pain of crude's collapse is beginning to bite in Alberta, from the oil-sands boomtown of Fort McMurray to the corporate boardrooms of Calgary.

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