Tag: oil slump

BP Plans to Cut 4,000 More Oil Jobs By Rakteem Katakey (Bloomberg) — BP Plc plans to chop 4,000 jobs ...

China Offshore Driller CNOOC to Cut Output for First Time Since 1999 Aibing Guo and Rakteem Katakey (Bloomberg) — China’s ...

Havila Shipping’s Debt Plan Fails to Gain Support By Luca Casiraghi (Bloomberg) — Havila Shipping ASA stated it has thus ...

Maersk’s $2.5 Billion Loss in This fall 2015 Worse Than Expected By Ole Mikkelsen COPENHAGEN, Feb 10 (Reuters) – Denmark’s ...

Singaporean Rig Builder Sembcorp Marine Posts First Loss Since 2003 By Kyunghee Park and Jonathan Burgos (Bloomberg) — Sembcorp Marine ...

Fred. Olsen Energy Says Drilling Rates to Stay at Loss-Making Levels OSLO, Feb 16 (Reuters) – Global offshore drilling rig ...

Cheap Oil Blunting Drive for Fuel Efficiency -Kemp By John Kemp LONDON, April 12 (Reuters) – Fuel consumption shouldn't be ...

Norwegian Rainmaker Predicts Oil Crash is Near Bottom By Jonas Cho Walsgard (Bloomberg) — Shipping is about to guide a ...

Maersk Oil to Cut 40 Staff Amid Slumping Oil Price COPENHAGEN, May 9 (Reuters) – Denmark’s Maersk Oil will lower ...

Worst Offshore Slump Holds Key Lessons for Top Norway Banker By Mikael Holter (Bloomberg)-- Norway's largest financial institution is done ...