Post Tagged with: "reduce debt"

Source: Petrobras

Petrobras Cutting Houston Jobs after Forming Gulf Joint Venture

From Houston Chronicle

Brazilian state oil company Petrobras will terminate more than 50 Houston jobs next year after selling much of its Gulf of Mexico assets into a new joint venture.

Petrobras, which has struggled financially amid a nationwide corruption …

December 12, 2018 - 1:08 pm Closing Bell Story‎, Energy News, International
A Point of Light:  Diamondback Energy’s Offering of 1.75 Million Shares

A Point of Light: Diamondback Energy’s Offering of 1.75 Million Shares

Permian Operator Will Use Equity Proceeds to Pay Debt

While the oil and gas industry is battening down the hatches, issuing bailing buckets to all hands and looking for a solid toehold as forty-six dollar crude oil sloshes under and …