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Shutting In Shale Oil, Gas Wells? Review Lease Provisions or Risk Loss

2020-05-11 18:11:37| OGI

If the producer does not comply with terms needed to maintain an oil or gas lease, the lease could be terminated, an attorney says.

Tags: review loss risk gas


Hess Posts Quarterly Loss, Deepens Spending Cuts on Virus-fueled Oil Rout

2020-05-07 15:11:17| OGI

U.S. crude collapsed this year, and remains down about 60% from January despite a recent rally.

Tags: posts loss oil spending


H&M warns of Q2 loss as sales more than halve

2020-05-07 13:37:00| Daily apparel & textile news and comment - from just-style.com

Swedish clothing brand H&M says its sales have fallen 57% between 1 March and 6 May compared with the same period a year earlier and warns its second-quarter will be "loss-making".

Tags: than sales loss warns


Apache Posts Quarterly Loss as Value of Oil Assets Drops

2020-05-07 11:20:00| OGI

Apache Corp. has evaluated its wells and is taking a "targeted approach" to shut-ins and curtailing output, CEO John Christmann said.

Tags: posts loss oil assets


Hugo Boss moves to Q1 loss as sales slide

2020-05-05 12:05:00| Daily apparel & textile news and comment - from just-style.com

German luxury fashion brand Hugo Boss has moved to a loss in its first-quarter as global store closures due to the coronavirus (Covid-19) pandemic weighed on sales.

Tags: sales loss slide moves


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