Oklahoma City oilfield equipment manufacturer Kimray offers buyouts to all 700 … – Tulsa World


Tulsa World
Oklahoma City oilfield equipment manufacturer Kimray offers buyouts to all 700
Tulsa World
OKLAHOMA CITY – Oilfield equipment manufacturer Kimray Inc. on Thursday began offering employees a voluntary buyout as part of its efforts to cut costs during the ongoing oil price slump. The offer was made to all 700 employees at the company’s …
Kimray offers buyouts to all 700 OKC employeesNewsOK.com

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Oilfield services provider Calfrac slashes dividend – Reuters


The Globe and Mail
Oilfield services provider Calfrac slashes dividend
Reuters
The oilfield services provider also suspended its dividend reinvestment plan for common shares, the company said in a statement on Thursday. Calfrac cut its dividend to 1.56 Canadian cents per share. It had halved its quarterly dividend to 6.25
Calfrac slashes dividend as it grapples with oil, gas downturnThe Globe and Mail
Calfrac slashes dividend by 75%, second cut in 3 monthsbnn.ca
Calfrac To Slash Dividend Amid Low Oil PricesNasdaq

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Oil price tumble 'heralds further falls to come' – The Week UK


The Week UK
Oil price tumble ‘heralds further falls to come’
The Week UK
Using the Oil VIX, which measures the degree of risk in oil prices, as his gauge, Patton writes that at the close of business on Tuesday it was at 48.90 – much higher than its long-term average. However, within 24 hours it had risen to 52.10 and oil
Churn and burn: Why oil’s waiting on the FedCNBC
OPEC Sees Crude Rising to $80 by 2020 as Rival Suppliers FalterBloomberg
Oil Prices Could Surge As This Country Fails To Meet Production TargetsOilPrice.com
24/7 Wall St. –Wall Street Journal –Telegraph.co.uk
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Oil price plunge forces Norway to cut rates to record low – Financial Times


Financial Times
Oil price plunge forces Norway to cut rates to record low
Financial Times
Norway’s central bank cut interest rates to a fresh record low as it battled to overcome a slump in oil prices that has hit the economy of western Europe’s biggest petroleum producer harder than during the financial crisis. Norges Bank cut its
Norway lowers key rate on oil price dragUPI.com

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New technology could double output from new oil sands projects, exec says – Seeking Alpha


Wall Street Journal
New technology could double output from new oil sands projects, exec says
Seeking Alpha
New technology has the potential to more than double production from a series of proposed projects in Canada’s oil sands, Imperial Oil (NYSEMKT:IMO) CEO Rich Krüger says, an optimistic view of high-cost heavy oil operations even as they face falling …
Exxon’s Canadian Subsidiary Sees Output Gains from High-Cost Oil-SandsWall Street Journal
Imperial Oil Sees Output Gains from Oil-SandsNasdaq

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Halliburton to Pay $18.3 Million in Back Oilfield Wages – Amarillo.com


Amarillo.com
Halliburton to Pay $18.3 Million in Back Oilfield Wages
Amarillo.com
In this April 15, 2009, file photo, an unidentified worker passes a truck owned by Halliburton at a remote site for natural-gas producer Williams in Rulison, Colo. Halliburton is buying rival oilfield services company Baker Hughes in a cash-and-stock
Halliburton to pay $18.3M in back oilfield wagesSan Marcos Mercury
Halliburton pays $18.3 million in back wages after federal inquiryHouston Chronicle (subscription)
Labor Department says Halliburton will pay $18.3 million in overtime to Chron.com (blog)

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Have oil prices now reached a bottom? – The Week UK


The Week UK
Have oil prices now reached a bottom?
The Week UK
You may have missed it, but oil prices rallied on Monday. Having started at around $48 a barrel Brent crude was at one point hovering near the $50 threshold, but the rally gave way in Asian trading overnight and the international benchmark is now
Churn and burn: Why oil’s waiting on the FedCNBC
OPEC Assumes Oil Price Will Recover Gradually to $80 in 2020Bloomberg
Oil Prices Could Surge As This Country Fails To Meet Production TargetsOilPrice.com
24/7 Wall St. –Wall Street Journal –Telegraph.co.uk
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Total to slash spending by $3B as oil price bites – CNBC


CNBC
Total to slash spending by $3B as oil price bites
CNBC
French energy group Total announced Wednesday that is was slashing capital spending, delaying the start date of several projects and upping its cost-cutting targets in a response to dramatically lower global oil prices. In the group’s Strategy and
France’s Total Lowers Target for Oil Output in 2017Wall Street Journal
Broad changes expected as Total adapts to low oil priceHellenic Shipping News Worldwide
Total is the latest oil major to slash forecastsFortune
Telegraph.co.uk –Reuters
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Oil Prices Tumble Despite Decline in Stockpiles – Wall Street Journal


Wall Street Journal
Oil Prices Tumble Despite Decline in Stockpiles
Wall Street Journal
Oil prices fell sharply Wednesday, erasing early gains that had come after data showed a draw in U.S. crude stockpiles. The decline in prices was likely connected to a large glut still lingering around the globe and trading momentum that has been
Crude Oil Price Jumps on Lower Inventory, but Keep an Eye on Futures24/7 Wall St.
Oil Prices – What Does “Lower For Longer” Actually Mean?OilPrice.com
Oil Price Gains Capped by Weak Chinese DataMorningstar.com
MarketWatch –CNBC –Money Morning
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Average Maine heating oil price hits 10-year low at $1.99 per gallon – Bangor Daily News


WCSH-TV
Average Maine heating oil price hits 10-year low at $1.99 per gallon
Bangor Daily News
PORTLAND, Maine — The statewide average price of No. 2 heating oil dipped just below the $2 per gallon mark in the latest survey from the Governor’s Energy Office, marking the lowest statewide average price in 10 years. The survey taken earlier this
Maine heating prices fall to 10-year recorded lowWCSH-TV

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Wheeler: Texas' hunters and anglers: BP's oil spill settlement should restore … – Chron.com


Chron.com
Wheeler: Texas‘ hunters and anglers: BP’s oil spill settlement should restore
Chron.com
The Department of Justice and the five Gulf states have reached an $18.7 billion settlement agreement in principle with BP for the 2010 Gulf oil disaster. This is the largest environmental penalty in United States history. Fitting, because the

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Halliburton to Pay $18.3 Million in Back Oilfield Wages – Texas Tribune


Texas Tribune
Halliburton to Pay $18.3 Million in Back Oilfield Wages
Texas Tribune
An Texas-based oilfield service giant has agreed to pay nearly $18.3 million in back overtime wages to more than 1,000 U.S. employees, following a federal investigation. The U.S. Department of Labor announced Tuesday that Halliburton will pay up after …
Halliburton pays $18.3 million in back wages after federal inquiryHouston Chronicle (subscription)
Labor Department says Halliburton will pay $18.3 million in overtime to Chron.com (blog)

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Big Turnout for Oil Field Aquifer Exemption Hearing – KEYT


KEYT
Big Turnout for Oil Field Aquifer Exemption Hearing
KEYT
Local oil company Freeport-McMoRan wants to extend and expand its exemption from federal Safe Drinking Water Act regulations at its Arroyo Grande Oil Field in southern San Luis Obispo County.
Public meeting on proposed Arroyo Grande oil field aquifer exemptionKSBY San Luis Obispo News
San Luis Obispo Residents to Protest Oil Industry Aquifer Exemption HearingCenter for Biological Diversity (press release)

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Oil Price Forecast to Stay Below $60 Through Next Year – Wall Street Journal


Wall Street Journal
Oil Price Forecast to Stay Below $60 Through Next Year
Wall Street Journal
Analysts are growing even more bearish about the oil price, predicting that crude is set to stay below $60 a barrel through next year as the market struggles to recover from a supply glut. Even as the oil price lingers at levels not seen since the
Why Oil Price Predictions Are Always OffOilPrice.com
Oil price rebounds as Opec forces US drillers to cut backTelegraph.co.uk
The Real Price of OilIEEE Spectrum
RTE.ie –UPI.com –CNBC
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Oil price: three reasons it is not recovering – The Week UK


The Week UK
Oil price: three reasons it is not recovering
The Week UK
You may have missed it, but oil prices rallied on Monday. Having started at around $48 a barrel Brent crude was at one point hovering near the $50 threshold, but the rally gave way in Asian trading overnight and the international benchmark is now
Churn and burn: Why oil’s waiting on the FedCNBC
Oil Prices Could Surge As This Country Fails To Meet Production TargetsOilPrice.com
OPEC Sees Crude Rising to $80 by 2020 as Rival Suppliers FalterBloomberg
Telegraph.co.uk –Wall Street Journal –Economic Times
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