Topic: Investments

Oil companies cut investments by tens of billions of dollars

PetrochemicalFaced with the coronavirus and the crude price collapse, oil and chemical companies are drastically scaling back capital investments to preserve cash. Most major companies have announced multibillion-dollar reductions. Shell will reduce its 2020 capital expenditure...Read more
|Comment|author: Adnan Bajic

Norway raises oil and gas expectations

Norwegian investments in the oil and gas industry will be higher than expected in 2019. Statistics Norway has raised its expectations by 6% to USD 21.1 billion. The upward adjustment follows the expansion of two new...Read more
|Comment|author: Adnan Bajic