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Tag: billion
Exxon Mobil Posts Loss, $3 Billion Writedown on Oil Price Plunge
2020-05-01 15:15:28| OGI
Exxon Mobil Corp. on May 1 joined a parade of oil companies posting downbeat results on plunging oil demand and collapsing prices, reporting a $610 million first-quarter loss after a nearly $3 billion inventory writedown.
Permian Shale Producer Concho Resources Takes $12.6 Billion Charge
2020-05-01 00:25:00| OGI
Concho Resources reported a bigger first-quarter loss, hurt by a $12.6 billion impairment charge and the oil producer said it would further cut its annual spending following the rout in oil prices.
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billion
Mexicos Pemex Posts Massive $23.6 Billion 1Q Loss
2020-04-30 19:27:03| OGI
The quarterly loss far exceeded the 35.7 billion peso loss during the January to March period last year and comes as the coronavirus pandemic has cratered demand for crude oil globally.
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loss
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BPs $5.6 Billion Alaska Sale to Hilcorp Remains on Track
2020-04-27 23:00:00| OGI
Renegotiated terms for the sale of BPs Alaska business to Hilcorp Energy will retain the original $5.6 billion deal price but will include a revised structure and phasing of payments.
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Anbang Unit Sues Mirae to Complete $5.8 Billion Hotel Deal
2020-04-27 20:54:00| National Real Estate Investor
The firm filed a lawsuit in Delaware Chancery Court seeing an order compelling defendants to perform their obligations.
Tags: complete
hotel
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