budget cuts

  • African Oil Producers Seek to Cut Production

    African Oil Producers Seek to Cut Production

    Sunday, 5th April 2015
    The African Petroleum Producers Association, which represents oil and gas producers from Algeria to South Africa, called for a cut in oil output globally.
  • Marathon Oil Cuts Spending a Second Time

    Marathon Oil Cuts Spending a Second Time

    Thursday, 19th February 2015
    Marathon Oil Corp on Wednesday said it would cut its 2015 capital budget by another 20 percent to $3.5 billion, and reported that fourth-quarter profit rose, on a gain related to the sale of oil and gas properties in Angola and Norway. N