Financial - Latest oil and gas news | Upstream Online

Cairn cuts spending as extra UK well looks unlikely this year

West Australian government provides some relief for explorers

Oil gains as leaders pledge $5 trillion injection into the global economy

Woodside puts LNG growth projects on hold

Unions estimate over 1200 offshore workers stood down in Australia

Field Development

Australia's second wave of LNG investment likely to stall amid Covid-19 pandemic

Dallas Fed: Oil and gas sector hit hard in first quarter

Occidental cuts budget further, reaches deal with Icahn

Oz shares plummet as country inches closer to lockdown

Total slashes capex by $3.3 billion in response to oil price collapse

Oz junior rejects takeover offer from Perth basin partner

Whitebark slashes directors' pay

Field Development

Santos likely to delay Barossa amid Covid-19 pandemic and oil price crash

Petrobras to tap $8 billion in credit lines to face economic crisis

Alberta producer Athabasca shuts-in thermal oil output

Oz market ends worst week since global financial crisis

Keppel to raise funds to support Singapore in Covid-19 pandemic

Australia closes borders as Covid-19 continues to rock financial markets

Downer scraps earnings guidance due to uncertainty created by Covid-19

NYSE trading floor to close in response to Covid-19 pandemic