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As Big Oil shrinks, boards plot different paths out of crisis
February 7, 2016 by admin · Leave a Comment
By Ron Bousso and Terry Wade LONDON/HOUSTON (Reuters) – As oil and gas companies cut ever-deeper into the bone to weather their worst downturn in decades, boards have adopted contrasting strategies to lead them out of the crisis. Crude prices have tumbled around 70 percent over the past 18 months to around $35 a barrel, leading to five of the world's top …
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As Big Oil shrinks, boards plot different paths out of crisis
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Saudi, Venezuela talk of OPEC, non-OPEC cooperation to stabilize oil market: SPA
February 7, 2016 by creative · Leave a Comment
Saudi Arabia's oil minister Ali al-Naimi discussed cooperation between OPEC members and other oil producers to stabilize the global oil market with his Venezuelan counterpart on Sunday, state news agency SPA reported. Venezuela's Oil Minister Eulogio Del Pino, who is on a tour of oil producers to lobby
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Saudi, Venezuela talk of OPEC, non-OPEC cooperation to stabilize oil market: SPA