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Nigeria Says It Will Cut Output To Conform To OPEC Pact
2019-10-01 15:15:33| OGI
Nigerias September crude oil and condensate output was 2.1-2.2 million barrels per day (MMbbl/d), the director of its state oil company said on Oct. 1.
Russian govt plans to cut stake in Rostelecom
2019-10-01 09:25:00| Telecompaper Headlines
(Telecompaper) The Russian government plans to reduce its stake in national operator Rostelecom, reports Tass. A draft document on a privatisation programme for several state-owned companies for the period until 2022 has been submitted to parliament.
US Drillers Cut Oil Rigs For Record 10th Straight Months
2019-09-27 19:26:13| OGI
U.S. energy firms reduced the number of oil rigs this week and for a record 10th month in a row as producers follow through on plans to cut spending on new drilling this year.
US Drillers Cut Oil Rigs For Record 10th Straight Month
2019-09-27 19:26:13| OGI
U.S. energy firms reduced the number of oil rigs this week and for a record 10th month in a row as producers follow through on plans to cut spending on new drilling this year.
Telefonica Spain seals deal to cut up to 4,500 jobs through voluntary retirement
2019-09-27 15:18:00| Telecompaper Headlines
(Telecompaper) Telefonica has reached a collective bargaining agreement with the major trades unions UGT and CCOO affecting its entire 21,000-strong Spanish workforce. In a statement, the operator confirmed that the deal encompassing all three of its units in Spain Telefonica de Espana, Telefonica Moviles and Telefonica Soluciones will run from 2019 to until 31 December 2021, extendable for another year, and envisages an annual salary increase of 1.5 percent. Up to 4,500 workers are expected to apply for the voluntary retirement plan, according to union sources cited by business daily Expansion.
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