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Analyst: Shale Service Providers to Bear Brunt of Oil Market Crash

2020-03-31 18:00:00| OGI

The U.S. shale market will carry the biggest burden of budget cuts in the oilfield service market, says a Rystad Energy analyst.

Tags: service market oil providers

 

Aker BP Eyes Layoffs Amid Oil Price Crash, Coronavirus

2020-03-27 14:06:06| OGI

Aker BP, 30% owned by BP, said on March 23 it would cut its planned 2020 capital spending by 20% but kept its production guidance unchanged.

Tags: price eyes oil crash

 
 

Oil Crash Poses Extinction Risk for Some Shale Producers

2020-03-24 20:00:00| OGI

A large part of the oil and gas industry will go into a financial intensive care unit over the next few months as shale producers enter survival mode, an expert says.

Tags: risk oil crash producers

 

Oil Price Crash, Coronavirus Adds To Challenges For Vaca Muerta Shale

2020-03-20 13:57:41| OGI

Some Argentinians want to decouple from Brent crude, a benchmark for the country, as development of its prized Vaca Muerta shale assets face continued woes.

Tags: price oil challenges adds

 

Oil Price Crash, Coronavirus Add To Challenges For Vaca Muerta Shale

2020-03-20 13:57:41| OGI

Some Argentinians want to decouple from Brent crude, a benchmark for the country, as development of its prized Vaca Muerta shale assets face continued woes.

Tags: add price oil challenges

 

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