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US Oil Companies Monitor Gulf of Mexico Storm

2020-06-03 14:48:54| OGI

Royal Dutch Shell Plc, BP Plc, Chevron Corp., Exxon Mobil Corp., Hess Corp. and Murphy Oil were taking precautions, but not evacuating workers from offshore production platforms on June 2 because of Tropical Storm Cristobal.

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Oil Companies Ask Brazils Regulator to Mothball 29 Fields

2020-04-17 14:56:35| OGI

Twenty of the oil fields expected to be mothballed are in the process of being divested by Brazils state-run company Petrobras and were showing a decline in output, ANP director Marcelo Castilho said.

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Oil, Gas Companies Stepping Up During Coronavirus Pandemic

2020-03-27 14:00:00| OGI

The following is a sampling of companies in the oil and gas industry stepping up during this COVID-19 pandemic to help make a difference including Bristow, Chevron, Petrobras plus more.

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Chemical and oil companies to slash capital spending, slowing investment wave

2020-03-23 16:31:30| Canadian Plastics Headlines

In the wake of the coronavirus and collapse in crude oil prices, chemical, oil and gas, and midstream companies will all slash capital spending for growth projects to preserve cash. The post Chemical and oil companies to slash capital spending, slowing investment wave appeared first on Canadian Plastics.

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Oil Companies Cut Hundreds of Jobs in Texas, New Mexico

2020-03-23 10:10:00| OGI

Apache said it would cut 85 people in its Midland, Texas office, while oilfield firm FTS International said it would lay off 35 workers in Fort Worth, Texas and 85 workers in Hobbs, N.M.

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