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ConocoPhillips cuts budget 20 percent amid lower oil prices

2014-12-08 20:28:24| Energy - Topix.net

Amid falling oil prices, ConocoPhillips said Dec. 8 its capital budget for 2015 is $13.5 billion, down about 20 percent from its 2014 budget of $16.7 billion . The Houston-based company said the decrease reflects reduced spending on major projects, several of which are nearing completion, and deferred spending on North American unconventional plays.

Tags: prices lower percent oil

 

ConocoPhillips cuts budget 20 percent amid lower oil prices

2014-12-08 19:49:19| Oil & Gas - Topix.net

Amid falling oil prices, ConocoPhillips said Dec. 8 its capital budget for 2015 is $13.5 billion, down about 20 percent from its 2014 budget of $16.7 billion . The Houston-based company said the decrease reflects reduced spending on major projects, several of which are nearing completion, and deferred spending on North American unconventional plays.

Tags: prices lower percent oil

 
 

Net Farm Income Lower in 2014

2014-12-08 16:40:00| National Hog Farmer

P. Scott Shearer, Bockorny Group, Washington, D.C. Net farm income will drop to $97 billion this year, down nearly 22% from last years estimate of $122.8 billion, according the U.S. Department of Agricultures latest forecast. read more

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Will soybean demand push stocks lower?

2014-12-05 22:16:00| Corn & Soybean Digest

Soybeans enjoyed another week of better-than-expected export sales. In its wake the trade continues to believe the USDA will soon be forced to raise their current export estimates by 25 to 50 million. Hopefully we see this take place next Wednesday in the upcoming December USDA report. Grain Market Viewpoint read more

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Siemens, Duke Energy and Ford demonstrate lower cost home smart charging technology for plug-ins; due on market next year

2014-12-05 19:55:32| Green Car Congress

Tags: home next year due

 

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