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Devon, Apache, Murphy Oil Join Growing Number Of Producers Slashing Budgets
2020-03-12 21:00:00| OGI
North American oil and gas producers have slashed their capital spending by about 30% on average after crude prices crashed earlier this week, according to data compiled by Reuters.
Marathon Joins Growing Number Of Shale Producers Slashing Spending
2020-03-10 16:15:29| OGI
Analysts with Tudor, Pickering, Holt & Co. applauded Marathon Oils swift reduction, but noted more cuts might be needed.
Tags: number
growing
spending
producers
Occidental Petroleum Slashing Jobs Significantly
2020-01-09 11:10:00| OGI
Occidental Petroleum has already "significantly" cut staff through a voluntary program, spokeswoman Melissa Schoeb said in an email.
Tags: jobs
significantly
petroleum
occidental
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