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Shell Delays Decisions on Deepwater Projects Amid Oil Price Rout

2020-04-22 15:15:38| OGI

The Anglo-Dutch company slashed its 2020 spending plans by a fifth as measures to halt the spread of the virus led to an unprecedented drop in oil demand and sent oil prices to their lowest in two decades.

Tags: price projects oil decisions

 

Aker BP Postpones Oil Developments Amid Market Turmoil

2020-04-22 15:04:48| OGI

The company said, however, that the industrys recent proposal to make temporary adjustments to tax regulations could boost cash flow and increase activity.

Tags: market oil developments amid

 
 

Coronavirus: Demand from renters slumps amid lockdown

2020-04-21 12:03:45| BBC News | Business | UK Edition

Rental demand is 42% down since the start of March, research by property portal Zoopla suggests.

Tags: demand amid renters lockdown

 

Permian Basin Flaring Surfaces Amid Texas Oil Proration Talk

2020-04-20 23:21:00| OGI

Wellhead flaring of natural gas continues to drop in the Permian Basin as market conditions force operators to slow production from new wells.

Tags: talk texas oil surfaces

 

JBS USA closes Worthington plant indefinitely amid COVID-19 concerns

2020-04-20 18:24:00| National Hog Farmer

The Minnesota pork processing facility harvests 20,000 hogs per day.

Tags: usa concerns plant closes

 

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