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Exxon Mobil Chops Spending by 30%
2020-04-07 15:17:07| OGI
Exxon Mobil Corp. on April 7 throttled back a multiyear investment in shale, LNG and deepwater oil production and will cut planned capital spending by 30% this year as the coronavirus pandemic saps energy demand and oil prices.
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Pioneer Natural Resources Chops Spending By 45%, Cuts Rig Count
2020-03-16 22:44:48| OGI
The Dallas-headquartered Permian Basin player said March 16 it is lowering this years drilling, completion and facilities capital budget to between $1.6 billion and $1.8 billion
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