HOUSTON, Dec 22 (Reuters) - Plunging oil prices will prompt energy companies to cut investments in new projects by 25 percent or more in 2015, analysts said over the past week, as firms try to stay cash-flow positive and keep debt in check.
OTTAWA, Dec 19 (Reuters) - Canada announced new sanctions against Russia on Friday, including additional restrictions on the export of technology used in the oil and gas industry, saying it was important to speak truth to power.
OTTAWA, Dec 19 (Reuters) - Canada announced new sanctions against Russia on Friday, including additional restrictions on the export of technology used in the oil and gas industry.
parallel investigation dubbed Operation Car Wash by the Brazilian Federal Police...." Source, Dow Jones . Not to mention, wouldn't it be appropriate to reassess PBR in light of the turmoil in the oil industry over the last many months?
LONDON, Dec 19 (Reuters) - Large oil companies flush with cash are expected to seize on the recent collapse in oil prices to begin a shopping spree for smaller rivals, focusing on oil producers and...
NEW DELHI, Dec 17 (Reuters) - Indian budget carrier SpiceJet Ltd's aircraft are currently grounded because oil companies have not refuelled any of its planes, a spokesman told Reuters on Wednesday.
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ConocoPhillips and Santos have aggressively cut capital spending budgets in 2015 and a growing number of U.S.-based oil companies have also announced cuts. While Cardno has minimal exposure to oil and gas in Australia, its large PPI U.S.-based business
afternoon, WTI has closed below $58 per barrel for the first time since May 2009. Obviously, this has enormous impacts on oil industry equities, not to mention the biggest oil-producing countries around the world, at least in the intermediate term. Levered
endeavors less attractive. Overall, given the profitability points quoted in the paragraph above, there is ample room for oil companies to continue profiting at these levels. New production endeavors may slow; however, margins may remain positive. This is the