Post Tagged with: "Budget"

Oil and Gas Spending Cuts are Inevitable for 2016 – Will Production Follow?

Oil and Gas Spending Cuts are Inevitable for 2016 – Will Production Follow?

Budget layouts and capital expenditure plans for 2016 are trickling onto the newswires, with EQT Corp. (ticker: EQT), Noble Energy (ticker: NBL) and PDC Energy (ticker: PDCE) all unveiling their plans within the week. To date, the plans are …

Oil Prices Could Deplete Russia’s Sovereign Funds by the End of 2016

Oil Prices Could Deplete Russia’s Sovereign Funds by the End of 2016

“2016 is the last year when we are able to spend our reserves [this] way” – Russian finance minister

Russia’s Ministry of Finance released a draft budget for 2016, which relies heavily on the country’s sovereign fund to bridge its …

October 29, 2015 - 12:46 pm International, Oil and Gas 360 Articles