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Tag: billion
IEA: Global Oil Demand Could Drop 20% as 3 Billion People in Lockdown
2020-03-26 22:00:00| OGI
IEA's Fatih Birol said that, despite huge demand destruction, oil supply was nevertheless set to rise by another 3 million bbl/d as part of Saudi Arabia's market share battle with Russia.
Petrobras Cuts Output, $3.5 Billion of Capex Amid Pandemic
2020-03-26 14:07:19| OGI
In a securities filing, Petrobras said it was reducing oil production by 100,000 barrels per day (bbl/d) through the end of March due to lower global demand.
Tags: output
billion
cuts
amid
Woodside, Partners Review Timing of $4.2 Billion Senegal Oil Project
2020-03-25 13:55:05| OGI
The project is Senegals first oil development and key to Woodsides growth plans over the next seven years.
Tags: review
project
partners
oil
Convention Cancellations to Cost Over $20 Billion in Two Months
2020-03-19 16:22:00| National Real Estate Investor
As many as 80 percent of the trade shows and events held from March to mid-May haven been cancelled or postponed.
Chesapeake Energy Hires Restructuring Advisers To Help With $9 Billion Debt
2020-03-17 20:00:00| OGI
The collapse in oil and weak gas prices has further crippled Chesapeake Energy, the shale energy pioneer already facing a $9 billion debt pile.
Tags: energy
debt
billion
restructuring
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