WPX Reducing Activity and Maintaining Free Cash Flow
WPX Reducing Activity and Maintaining Free Cash Flow
WPX Reducing Activity and Maintaining Free Cash Flow
Gibson Energy Announces the Addition of Ms. Judy Cotte to the Company’s Board of Directors
Reuters Oil and gas producer Kosmos Energy suspended its dividend on Tuesday and said it was aiming to reduce 2020 capital spending by 30% to become cash flow neutral at an oil price of $35 a barrel. Oil giants including the world’s largest publicly traded oil company, Saudi Aramco, Chevron Corp and BP have outlined plans to cut spending after
Why Gold & Gold Stocks Deserve Immediate Attention
CNBC Goldman Sachs slashed its oil forecast on Tuesday as the COVID-19 outbreak continues to pressure demand. “Demand losses across the complex are now unprecedented,” Goldman’s global head of commodities research Jeffrey Currie wrote in a note to clients Tuesday. The firm said that oil use has fallen by eight million barrels per day as the coronavirus has led to
Zinc8 Energy Solutions Inc. Announces Official Name Change
Houston Chronicle Irving oil company Pioneer Natural Resources is cutting its 2020 budget in nearly half as crude prices slipped below $30 per barrel. The exploration and production company said late Monday afternoon that it plans to spend between $1.7 billion to $1.9 billion on drilling, hydraulic fracturing and other capital projects in 2020. The figure marks a 45 percent
Diversified Communications Announces Acquisition of Energy Storage North America, Further Expanding Energy Storage at Intersolar North America
Pan Global Resources On-going Exploration and Response to COVID-19 at Its Projects in Spain
CNBC Developing countries’ oil and gas income could fall to their lowest levels in more than two decades if current energy market conditions persist, the IEA and OPEC have warned in a rare joint statement. IEA Executive Director Fatih Birol and OPEC Secretary General Mohammed Barkindo expressed “deep concerns” about the coronavirus pandemic on Monday, warning it could have “potentially
Canola Oil Market To Reach USD 48.34 Billion By 2027 | Reports and Data
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