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a Plunging prices force oil majors to cut billions in spending

2015-01-26 15:38:08| Oil & Gas - Topix.net

The world's leading oil companies are reported to be planning a $28 billion cut in capital spending by 2017 to keep debt at a sustainable level at a time when oil prices continue to fall. Investment in exploration and development of oil and gas fields could drop by 20 percent by 2017 compared to last year, say analysts at Morgan Stanley as quoted by the FT .

Tags: prices force cut oil

 

Spending billions but coming up short on the trust scale

2015-01-25 20:03:29| Auto Dealers - Topix.net

Automotive data available for graphing, exporting and viewing static data tables. Must have a data center subscription to access content.

Tags: short coming scale trust

 
 

Billions going out nationwide to address contaminated sites

2015-01-24 05:12:28| Oil & Gas - Topix.net

Billions of dollars from an environmental contamination settlement now can be disbursed nationwide, including for cleanup of former uranium sites on the Navajo Nation and a chemical manufacturing site in Nevada. The $5.15 billion settlement between the U.S. government and Anadarko Petroleum Corp. was reached last April.

Tags: address sites nationwide contaminated

 

Southwest Airlines is saving billions on fuel

2015-01-22 20:08:01| Airlines - Topix.net

The airline's CEO Gary Kelly said Thursday that it expects to save half a billion dollars in the first quarter alone, thanks to plunging energy prices. During a conference call later, the company's CFO, Tammy Romo, said overall savings for 2015 would be $1.7 billion.

Tags: saving fuel southwest airlines

 

United, American owe World Trade Center developer billions: lawyer

2015-01-15 01:51:34| Airlines - Topix.net

The developer rebuilding the World Trade Center in New York told a federal appeals court on Wednesday that he is entitled to recoup billions of dollars from two airline companies, even though he has already collected $4 billion in insurance money for the Sept. 11, 2001, attacks that destroyed the site.

Tags: world center united american

 

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