Showing posts with label spending cuts. Show all posts
Showing posts with label spending cuts. Show all posts

Wednesday, January 28, 2015

As oil slides, Singapore oilfield service firms struggle to refinance debt

(Reuters) - Two Singapore oilfield service firms are finding it tough to refinance debt maturing later this year as the slump in crude prices has made investors and lenders hesitant, banking sources said.

Thursday, January 23, 2014

Big Six energy provider RWE halves investment in renewables

RWE, one of Britain's biggest renewable energy investors, is planning to significantly scale back its spending in the UK and expects to sell off wind farms and a major biomass plant.

Tuesday, November 27, 2012

Oil Fall as European Finance Ministers Meet on Greece

Oil dropped as euro-area finance ministers meet to negotiate a bailout payment for Greece and as American leaders prepared to wrestle with a budget agreement.

Sunday, November 11, 2012

Oil Rises as Consumer Sentiment Gains

Oil advanced as data showing U.S. consumer confidence climbed to a five-year high, helping ease concern that a political stalemate in Washington will lead to a fiscal crisis.