September 14, 2020
“Citigroup Inc. has a message to cheer up despairing oil bulls: prices will get back to $60 a barrel before the end of 2021… It will take until late 2021 for global oil consumption to return to the 2019 level… Continue Reading…
August 4, 2020
“BP is planning to slash oil and gas production and pour billions of dollars into clean energy as part of a major strategic overhaul unveiled on Tuesday, alongside a huge second quarter loss and dividend cut. The London-based company said that it plans a… Continue Reading…
July 24, 2020
“Oil and gas majors are likely to report “horrendous” second-quarter results over the next two weeks, energy analysts have told CNBC, with the three-month period through to the end of June widely expected to mark the “low point” of 2020…… Continue Reading…
July 8, 2020
“TOP Ships Inc. (the “Company”) (NASDAQ:TOPS) announced today that it has entered into a placement agency agreement with Maxim Group LLC relating to the sale of the Company’s common shares (the “Placement Agency Agreement”). Pursuant to the Placement Agency Agreement,… Continue Reading…
July 2, 2020
“Energy company BP said Monday that its global workforce will be trimmed by 10,000 jobs… Chief Executive Bernard Looney said that the roles will be office-based and come mostly this year. The company’s current global workforce is 70,000. The changes… Continue Reading…
April 24, 2020
“Shares of Chesapeake Energy tore higher again on Friday, adding to gains of more than 90% in the past three days, after the oil and hydrocarbon driller announced it adopted a poison pill to thwart any takeover attempts spurred by… Continue Reading…
January 29, 2020
“Shares of Chesapeake Energy Corp. CHK, +7.87% soared 8.3% in premarket trading Wednesday, to bounce off the previous session’s 26-year low, after the oil and gas company provided a preliminary fourth-quarter production update… Chesapeake said it eliminated $900 million in debt, reduced expenses… Continue Reading…
January 8, 2020
I’m going to keep this short and sweet. If any of you fear losing money in the stock market because of whats happening in the middle east don’t be scared. A safe bet would be to move your money over… Continue Reading…
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