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  1. Oil companies seen cutting spending 25 pct in 2015 due to falling crude

    Headlines

    Mon, 22 Dec 2014

    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.

  2. UPDATE 1-Canada slaps sanctions on Russian oil industry

    Headlines

    Fri, 19 Dec 2014

    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.

  3. Canada slaps sanctions on Russian oil industry

    Headlines

    Fri, 19 Dec 2014

    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.

  4. Petrobras (PBR)

    Commentary

    Fri, 19 Dec 2014

    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?

  5. Oil price bloodbath to spark energy sector buying spree

    Headlines

    Fri, 19 Dec 2014

    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...

  6. India's SpiceJet says fleet grounded on lack of fuel

    Headlines

    Tue, 16 Dec 2014

    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.

  7. UPDATE 2-Encana to buck Canada oil industry trend and lift spending

    Headlines

    Tue, 16 Dec 2014

    (Adds details and comments beginning with fourth paragraph; updates shares prices)

  8. Lowering Projections and Fair Value Estimate on Cardno to Reflect Oil Price Weakness

    Commentary

    Mon, 15 Dec 2014

    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

  9. Oil Price Decline: Secondary Effects

    Headlines

    Mon, 15 Dec 2014

    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

  10. CLS: Non-Farm Payrolls – Oil Price Plunge – International Allocations

    Headlines

    Mon, 15 Dec 2014

    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

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