The energy producer, based outside Paris, joins BP Plc and Royal Dutch Shell Plc in cutting operating costs and investments to protect its dividend as a plunge in crude p...
The Texas shale explorer scrapped plans to increase outlays for drilling announced early last month, and instead will reduce spending about 9 percent from last year.
TransCanada announced Thursday it had booked a US $2.1 billion charge related to its now-rejected Keystone XL pipeline.
Despite keeping its earnings positive, the chemical products manufacturer saw its quarterly revenues decline by 23 percent.
The cut will save the company $450 million annually.
Although CB&I operates worldwide, more than 70 percent of its engineering and construction revenues in 2016 will come in the U.S., the company announced Tuesday during an...
The Oklahoma City oil and gas producer has some $11.6 billion in debt and a $500 million note due next month, according to regulatory filings.
The Dallas-based pipeline company said Thomas Long would succeed Jamie Welch as CFO.
Linn's stock value dropped Friday from $1.20 a unit at Thursday's close down to about 50 cents per unit after the struggling, heavily-indebted business said Thursday it i...
Oil’s collapse has affected BG less than some of its peers because it’s one of the few producers increasing output as projects start in Australia and Brazil.
Linn, which borrowed billions of dollars to expand during the height of the shale oil boom, saw its stock value sink below $1 a unit for the first time in January.
Berkshire now owns 73.98 million Phillips 66 shares worth roughly $5.9 billion.