Post Tagged with: "debt reduction"

NuVista Energy Ltd. executes non-core divestitures, reduces debt significantly, and provides production and operations update

NuVista Energy Ltd. executes non-core divestitures, reduces debt significantly, and provides production and operations update

CALGARY, Alberta, Feb. 25, 2021 (GLOBE NEWSWIRE) — NuVista Energy Ltd. (“NuVista…

Source: Reuters

Big Oil’s $110 billion asset sale target could prove big ask

Reuters


LONDON – Leading energy companies are hoping to sell dozens of oil and gas fields and refineries worth more than $110 billion to curb both their ballooning debt and their carbon footprints.

But with the outlook for oil and …

Source: Reuters

Occidental Petroleum to reduce debt before boosting oil output: CEO Hollub

Reuters


Occidental Petroleum expects oil and gas output to dip in the second half of the year and will not boost production until it “significantly” reduces debt, Chief Executive Vicki Hollub said on Tuesday.

The company has been struggling with …

Calgary-based Precision Drilling Corporation (ticker: PDS) announced planned capital expenditures for 2017 of CAD$109 million.

Precision Drilling Announces Credit Facility Extension and $150 Million Total Debt Reduction in 2018

Precision Drilling Announces Credit Facility Extension and $150 Million Total Debt Reduction in 2018

December 13, 2018 - 6:00 am Canada News, Closing Bell Story‎, Finance, Press Releases