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DXI Energy - oilandgas360

DXI Energy to Exit the Hydrocarbon Energy Business

Vancouver, British Columbia–(Newsfile Corp. – April 7, 2020) – DXI Energy Inc. (TSX: DXI) (OTCQB: DXIEF) (“DXI” or the “Company”), an upstream oil and natural gas exploration and production company operating projects in Colorado’s Piceance Basin and the Peace River Arch region in British Columbia today announced that its Board of Directors has decided the Company needs to exit the

Is it “Too Little, Too Late” in the Oil Patch for President Trump?- oil and gas 360

Is it “Too Little, Too Late” in the Oil Patch for President Trump?

Oil and Gas 360 The employment impact of President Trumps inaction on immediately placing punitive tariffs on Russian, Saudi and OPEC oil imports has already hit the US oil and gas industry. Granted, these “Price War” employment impacts are a continuation of layoff, first associated with massive market-responsive 2020 capex budget cuts, then additional layoffs related to the energy demand