FuelFix
Coronavirus concerns prompt Tenaris to postpone stockholders meeting
Concerns about the ongoing coronavirus pandemic and related travel restrictions have prompted oilfield pipe manufacturer Tenaris to postpone the company’s annual stockholders meeting. Source: FuelFix
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Murphy Oil CEO on medical leave amid coronavirus health scare
The CEO of Murphy Oil is on medical leave after a health scare involving the coronavirus. Source: FuelFix
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Equinor halts U.S. shale activity as part $3 billion in cuts
Norwegian oil giant Equinor has halted all activity on the company’s U.S. shale assets as part of a $3 billion action plan to survive record low crude oil prices and the coronavirus pandemic. Source: FuelFix
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U.S. intervenes in Saudi-Russia oil war with call for restraint
(Bloomberg) — The U.S. made its most direct intervention yet in the oil price war between Saudi Arabia and Russia, urging Riyadh to “rise to the occasion and reassure” energy markets at a time of...
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Report: One in five oilfield servce jobs could be cut worldwide
Record low crude prices and the economic effects of the coronavirus pandemic could cost the oilfield service sector one out of five jobs this year, according to a new report from the Norwegian research firm...
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