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CNOOC to cut oil and gas production in 2016

2016-01-19 15:03:42| Energy - Topix.net

Jan 19 CNOOC Ltd aims to cut oil and gas production in 2016, the Chinese state-controlled company said on Tuesday, as global oil prices plumb 12-year lows. CNOOC Ltd increased production in 2015 as oil prices fell to half their 2014 peak amid weak demand growth and a supply glut.

Tags: production cut gas oil

 

PotashCorp to close N.B. mine indefinitely, cut 420-430 jobs

2016-01-19 14:53:44| Chemicals - Topix.net

The Picadilly potash operation in New Brunswick is suspending production indefinitely, resulting in the lay off of more than 400 people. The mine owner -- Saskatoon-based Potash Corporation of Saskatchewan, or PotashCorp -- says a crew of 35 employees will remain to take care of Picadilly while it's idle and the rest of the workforce will be cut by 420 to 430 people.

Tags: close jobs cut mine

 
 

Methanex Co. (MEOH) Cut to Neutral at Monness Crespi & Hardt

2016-01-19 13:48:53| Chemicals - Topix.net

An institutional investor recently raised its position in Methanex stock. CIBC World Markets raised its position in shares of Methanex Co.

Tags: cut neutral hardt methanex

 

CNOOC to cut oil and gas production in 2016

2016-01-19 12:38:52| Oil & Gas - Topix.net

Jan 19 CNOOC Ltd aims to cut oil and gas production in 2016, the Chinese state-controlled company said on Tuesday, as global oil prices plumb 12-year lows. CNOOC Ltd increased production in 2015 as oil prices fell to half their 2014 peak amid weak demand growth and a supply glut.

Tags: production cut gas oil

 

Molson Coors Brewing Company (TAP) Position Cut by Narwhal Capital Management

2016-01-18 20:05:21| Beverages - Topix.net

Narwhal Capital Management reduced its stake in shares of Molson Coors Brewing Company by 3.7% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 36,245 shares of the company's stock after selling 1,400 shares during the period.

Tags: company management position capital

 

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