
CNOOC to further reduce spending in 2016
China’s state-run energy giant CNOOC is going to lower its spending in 2016 following a 30% reduction in 2...
CNOOC to cut spending by about 30 percent in 2015
China National Offshore Oil Corp (CNOOC), the country's largest offshore oil and gas producer, plans to cut...
China’s move to speed spending seen a sign of growth concerns
Chinese authorities are stepping up efforts to ward off a sharper economic slowdown, analysts...
Oil giants shirk on heavy capital spending
The global oil majors’ crash diets may be going too far. That at least is the view of a small...
Royston technology helps control bunker spending
According to UK engine services company Royston Limited, in the current commercial...
US oil and gas exploration and production spending reaches new heights says Ernst and Young
US oil and gas producers significantly increased exploration, development and acquisition spending in 2012 despite ...