Post Tagged with: "2020 flat production"

Kosmos to scrap dividend, cut spending to generate cash at $35 a barrel

Kosmos to scrap dividend, cut spending to generate cash at $35 a barrel

Reuters


Oil and gas producer Kosmos Energy suspended its dividend on Tuesday and said it was aiming to reduce 2020 capital spending by 30% to become cash flow neutral at an oil price of $35 a barrel.

Oil giants including …