- Coronavirus spending cuts spread to wider industry – the numbers
- Chevron and Phillips 66 latest to make coronavirus spending cuts
- Offshore companies cut spending for stability during coronavirus
- UK 2020 Budget announces funding for carbon capture schemes
- The biggest shorts: Which oil and gas company share prices will drop?
BP cuts capital spending in response to Covid-19 disruption
BP has announced plans to cut capital spending by 25% to $12bn this year in the wake of the oil price crash triggered by the coronavirus (Covid-19) pandemic.
TechnipFMC to cut capital expenditure by 30% amid Covid-19 crisis
Oil services firm TechnipFMC has announced that it will cut its planned capital expenditures (capex) by 30% to $300m for 2020.
Coronavirus spending cuts spread to wider industry – the numbers
Since Monday, several companies have announced cuts to capital expenditure in reaction to the coronavirus pandemic. Find out how much each has cut here.
Saudi Aramco’s capex cut may impact BPCL investment plans
State-owned oil company Saudi Aramco will cut $25bn-$30bn from its capital expenditure in response to the coronavirus pandemic.
Chevron and Phillips 66 latest to make coronavirus spending cuts
Two US oil and gas giants, Chevron and Phiullips 66, have joined others in announcing coronavirus spending cuts.
Offshore companies cut spending for stability during coronavirus
Several oil and gas industry leaders announced cuts to capital expenditure (capex) and costs on Monday.
Read our magazine
Offshore Technology Focus is the essential reading material for decision-makers in the offshore oil & gas industry, bringing you the latest news and analysis in an exciting, interactive format.