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Canadas Crescent Point Forecasts Lower Output, Capex for 2021

2020-12-04 17:19:24| OGI

Cuts come as other Canadian companies are restoring shut-in production.

Tags: point lower output forecasts

 

Xiaomi kicks off Mi Developer Conference with new tech, marks 10th anniversary with new capex, hiring goals

2020-11-05 16:56:00| Telecompaper Headlines

(Telecompaper) Xiaomi has kicked off its annual Mi Developer Conference (MIDC 2020) in Beijing with the theme "Technology for Life". During the conference, the company unveiled different new technologies and, to mark its 10th anniversary, said it will put CNY 10 billion into its capex fund this year, with plans to recruit 5,000 more people to its engineering team next year.

Tags: with tech conference goals

 
 

Devon Energy Lowers Full-year Capex Forecast

2020-10-29 21:35:00| OGI

Devon Energy said it now expects exploration and production capex to be between $950 million and $990 million, $10 million lower at the top end of an earlier forecast, its third reduction to the budget since March.

Tags: energy forecast devon lowers

 

Ecopetrol Cuts Capex Plans for Second Time This Year

2020-05-13 21:00:57| OGI

Ecopetrols capex for the year now sits in a range between $2.5 billion and $3 billion, he said.

Tags: this time year plans

 

Marathon Oil Suspends Permian Drilling with Deeper Capex Cuts

2020-04-08 21:00:00| OGI

Marathon Oil will continue work to optimize its development plans in the Bakken and Eagle Ford Shale, but now plan to take frac holidays in both plays during the second quarter, CEO Lee Tillman says.

Tags: oil cuts deeper marathon

 

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