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Tag: cut
US Lawmakers Ask Interior To Cut Offshore Oil Royalty Rates Due To Market Slump
2020-03-20 21:50:36| OGI
The economic fallout of the outbreak combined with a price war between major oil producer nations Saudi Arabia and Russia has triggered a slump in crude oil prices that threatens the once booming U.S. drilling industry.
Rig Counts Begin Falling As Shale Operators Cut Billions In Spending
2020-03-20 15:55:07| OGI
Survival mode has returned to the oil and gas sector, Wood Mackenzie says.
Tags: begin
cut
spending
falling
NENT to cut non-sports costs by another SEK 700 mln, scraps dividend and incentive plan, suspends Studios ops sale
2020-03-20 14:04:00| Telecompaper Headlines
(Telecompaper) Nordic Entertainment Group (NENT) has announced measures to cut non-sports costs by SEK 700 million, hitting its 2020 results, because of Covid-19. It has scrapped its proposal for a SEK 7.0 per share dividend for 2019 and its long-term executive incentive plan, both of which were due to go to vote at the AGM on 19 May. It will suspend the sale of the non-scripted production, branded entertainment and events business operations of NENT Studios.
Netflix to cut streaming quality in Europe for 30 days
2020-03-19 20:25:50| BBC News | Business | UK Edition
The video-streaming giant wants to ease strain on internet service providers.
US Shale Producers Cut Executive Pay As Oil Prices Crash
2020-03-19 10:10:00| OGI
U.S. shale producer Parsley Energy said March 18 it would slash executive pay 50%, the deepest such cut announced so far since the oil price collapse.
Tags: pay
prices
cut
executive
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