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Tag: slump
Halliburton reports 1Q loss on costs tied to oil price slump
2015-04-20 15:34:23| Oil & Gas - Topix.net
Halliburton reported a $643 million loss for its first quarter, as the oilfield services provider continued to adjust to slumping energy prices that have forced layoffs and other cutbacks at companies across the sector. The Houston-based company said Monday that it booked about $823 million in after-tax charges during the quarter tied to asset write-offs, severance costs and other items.
Tags: price
reports
costs
loss
Finland votes amid economic slump
2015-04-19 08:09:04| BBC News | Business | UK Edition
Finnish voters go to the polls amid hopes that a new government will pull the country out of its three-year economic slump.
Tags: economic
votes
finland
amid
Sugar price slump canes Queensland growers
2015-04-13 08:29:19| Sugar Industry News
Kevin Borg is flat out on his sugar farm an hour south of Mackay ahead of the harvest in May or June. After a dry February he has one eye on the weather, looking for rain before the tall green sugarcane is due to be cut. The other is watching turmoil 11,000 kilometres across the Pacific Ocean.
Tags: price
sugar
queensland
growers
Offshore profit slump
2015-04-10 09:47:09| BBC News | Business | UK Edition
UK oil and gas sector at the bottom of the profits league
Tags: profit
offshore
slump
profit slump
As oil price slump drags, companies fight to adapt
2015-04-08 04:41:15| Oil & Gas - Topix.net
In January, Gary Evans, the CEO of the oil and gas firm Magnum Hunter Resources, shut down his entire drilling operation in response to low commodity prices. But for weeks now, he has been listening to executives from rival companies talk about negotiating rate cuts from drilling contractors and field service companies.
Tags: price
companies
oil
fight
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