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the page --> <div id="content"> <div class="rz-page-header">FEATURED STORY</div> <div class="rz-in-article-img"> <a href="/web/20200930212821/https://www.rigzone.com/news/shell_expects_to_cut_up_to_9000_jobs-30-sep-2020-163430-article/"> <img class="stretch" src="//web.archive.org/web/20200930212821im_/https://images.rigzone.com/images/news/articles/163430_582x327.png" alt="Shell Expects to Cut up to 9,000 Jobs"/> </a> </div> <br class="clear"> <div class="rz-left-wrap"> <a href="/web/20200930212821/https://www.rigzone.com/news/shell_expects_to_cut_up_to_9000_jobs-30-sep-2020-163430-article/"> <div class="rz-in-article-title"> Shell Expects to Cut up to 9,000 Jobs </div> </a> <a href="/web/20200930212821/https://www.rigzone.com/news/shell_expects_to_cut_up_to_9000_jobs-30-sep-2020-163430-article/"> <div class="rz-in-article-desc"> Wednesday September 30, 2020 - Royal Dutch Shell plc (NYSE: RDS.A) expects to make between 7,000 and 9,000 job cuts by the end of 2022. </div> </a> <a href="/web/20200930212821/https://www.rigzone.com/news/shell_expects_to_cut_up_to_9000_jobs-30-sep-2020-163430-article/"> <div class="rz-sponsors-all-button"> READ THE FULL STORY </div> </a> </div> <p class="clear"></p> <div> </div> <h3 style="margin-bottom:10px;"><a class="artcile-no-underline" href="/web/20200930212821/https://www.rigzone.com/news/industry_headlines/">Industry Headlines</a></h3> <div class="smallHeadline clear"> <div class="headlineContainer"> <a href="/web/20200930212821/https://www.rigzone.com/news/wire/light_crude_ascends_again_on_us_inventory_draw-30-sep-2020-163440-article/">Light Crude Ascends Again on US Inventory Draw</a> <a href="/web/20200930212821/https://www.rigzone.com/news/wire/light_crude_ascends_again_on_us_inventory_draw-30-sep-2020-163440-article/#hasComments" title="Share your comments on this article."><img src="//web.archive.org/web/20200930212821im_/https://images.rigzone.com/images/icon_comment.gif" alt="Share your comments"/></a> <div class="description"><span class="date">Wednesday, September 30, 2020</span>Futures ended the month down nearly 6%, though.</div> </div> </div> <div class="clear dottedLineBasic"></div> <br/> <div class="smallHeadline clear"> <div class="headlineContainer"> <a href="/web/20200930212821/https://www.rigzone.com/news/wire/oil_drops_as_demand_recovery_concerns_rise-30-sep-2020-163428-article/">Oil Drops as Demand Recovery Concerns Rise</a> <a href="/web/20200930212821/https://www.rigzone.com/news/wire/oil_drops_as_demand_recovery_concerns_rise-30-sep-2020-163428-article/#hasComments" title="Share your comments on this article."><img src="//web.archive.org/web/20200930212821im_/https://images.rigzone.com/images/icon_comment.gif" alt="Share your comments"/></a> <div class="description"><span class="date">Wednesday, September 30, 2020</span>Oil extended its decline below $40 a barrel and is set for the first monthly loss since April.</div> </div> </div> <div class="clear dottedLineBasic"></div> <br/> <div class="smallHeadline clear"> <div class="headlineContainer"> <a href="/web/20200930212821/https://www.rigzone.com/news/wire/oil_prices_fall_amid_demand_recovery_warnings-29-sep-2020-163427-article/">Oil Prices Fall Amid Demand Recovery Warnings</a> <a href="/web/20200930212821/https://www.rigzone.com/news/wire/oil_prices_fall_amid_demand_recovery_warnings-29-sep-2020-163427-article/#hasComments" title="Share your comments on this article."><img src="//web.archive.org/web/20200930212821im_/https://images.rigzone.com/images/icon_comment.gif" alt="Share your comments"/></a> <div class="description"><span class="date">Tuesday, September 29, 2020</span>Oil plunged to its lowest in two weeks on growing fears that a sustained recovery in demand is still some way off.</div> </div> </div> <div class="clear dottedLineBasic"></div> <br/> <div class="smallHeadline clear"> <div class="headlineContainer"> <a href="/web/20200930212821/https://www.rigzone.com/news/wire/total_makes_peak_oil_demand_prediction-29-sep-2020-163425-article/">Total Makes Peak Oil Demand Prediction</a> <a href="/web/20200930212821/https://www.rigzone.com/news/wire/total_makes_peak_oil_demand_prediction-29-sep-2020-163425-article/#hasComments" title="Share your comments on this article."><img src="//web.archive.org/web/20200930212821im_/https://images.rigzone.com/images/icon_comment.gif" alt="Share your comments"/></a> <div class="description"><span class="date">Tuesday, September 29, 2020</span>The French energy giant's analysis is more conservative than BP's.</div> </div> </div> <div class="clear dottedLineBasic"></div> <br/> <div class="smallHeadline clear"> <div class="headlineContainer"> <a href="/web/20200930212821/https://www.rigzone.com/news/elon_musk_feels_bad_for_hating_on_oil-29-sep-2020-163420-article/">Elon Musk Feels Bad for Hating on Oil</a> <a href="/web/20200930212821/https://www.rigzone.com/news/elon_musk_feels_bad_for_hating_on_oil-29-sep-2020-163420-article/#hasComments" title="Share your comments on this article."><img src="//web.archive.org/web/20200930212821im_/https://images.rigzone.com/images/icon_comment.gif" alt="Share your comments"/></a> <div class="description"><span class="date">Tuesday, September 29, 2020</span>Elon Musk has exhibited remorse for 'hating' on oil and gas in a new podcast carried out by Kara Swisher of the New York Times.</div> </div> </div> <div class="clear dottedLineBasic"></div> <br/> <div class="smallHeadline clear"> <div class="headlineContainer"> <a href="/web/20200930212821/https://www.rigzone.com/news/wire/oil_down_amid_mixed_us_stockpile_outlook-29-sep-2020-163417-article/">Oil Down Amid Mixed US Stockpile Outlook</a> <a href="/web/20200930212821/https://www.rigzone.com/news/wire/oil_down_amid_mixed_us_stockpile_outlook-29-sep-2020-163417-article/#hasComments" title="Share your comments on this article."><img src="//web.archive.org/web/20200930212821im_/https://images.rigzone.com/images/icon_comment.gif" alt="Share your comments"/></a> <div class="description"><span class="date">Tuesday, September 29, 2020</span>Oil edged lower before government data that's expected to show a mixed outlook for U.S. stockpiles.</div> </div> </div> <div class="clear dottedLineBasic"></div> <br/> <div class="smallHeadline clear"> <div class="headlineContainer"> <a href="/web/20200930212821/https://www.rigzone.com/news/wire/oil_prices_finish_higher_amid_stimulus_optimism-28-sep-2020-163416-article/">Oil Prices Finish Higher Amid Stimulus Optimism</a> <a href="/web/20200930212821/https://www.rigzone.com/news/wire/oil_prices_finish_higher_amid_stimulus_optimism-28-sep-2020-163416-article/#hasComments" title="Share your comments on this article."><img src="//web.archive.org/web/20200930212821im_/https://images.rigzone.com/images/icon_comment.gif" alt="Share your comments"/></a> <div class="description"><span class="date">Monday, September 28, 2020</span>Crude oil rose to the highest in more than a week in New York and London.</div> </div> </div> <div class="clear dottedLineBasic"></div> <br/> <br class="clear"><a class="rz-sponsors-all-button" href="/web/20200930212821/https://www.rigzone.com/news/industry_headlines/">READ MORE</a><br class="clear"> <style type="text/css"> #tabsRInline UL { width: 100%; } .ui-state-active a, .ui-state-active a:link, .ui-state-active a:visited { text-decoration: none; color: #003366; } .ui-state-active, .ui-widget-content .ui-state-active, .ui-widget-header .ui-state-active, a.ui-button:active, .ui-button:active, .ui-button.ui-state-active:hover { BACKGROUND: #e6f4fd; border-color: #e6f4fd; } .ui-widget.ui-widget-content { border: none; } [id^=generalList] .pop LI { PADDING-BOTTOM: 5px; PADDING-LEFT: 5px; PADDING-RIGHT: 5px; BACKGROUND: url(//web.archive.org/web/20200930212821im_/https://images.rigzone.com/images/bg_dots.gif) repeat-x left bottom; FONT-SIZE: 8pt; PADDING-TOP: 5px; } [id^=generalList] .pop LI:hover { BACKGROUND: #e3ecf3; } </style> <div class="WriteSmallTableTop mobile-show" style="max-width:500px;"> <div class="WriteSmallTableTopTitle">Most Popular Articles</div> <div id="tabsRInline"> <div id="jTabsInline" class="ui-tabs-nav"> <ul> <li> <a href="#tabs1Inline">LAST 24 HOURS</a> </li> <li class="sep"></li> <li> <a href="#tabs2Inline">7 DAYS</a> </li> <li class="sep"></li> </ul> <div class="ui-tabs-panel" id="tabs1Inline"> <div id="generalList1Inline"> <ul class="pop"> <li> <a href="/web/20200930212821/https://www.rigzone.com/news/baker_hughes_wins_qatar_lng_order-30-sep-2020-163432-article/" style="display: inline-block; float: left; padding: 0; text-align: left">Baker Hughes Wins Qatar LNG Order</a> </li> <li> <a href="/web/20200930212821/https://www.rigzone.com/news/equinor_makes_new_offshore_discovery-30-sep-2020-163431-article/" style="display: inline-block; float: left; padding: 0; text-align: left">Equinor Makes New Offshore Discovery</a> </li> <li> <a href="/web/20200930212821/https://www.rigzone.com/news/baker_hughes_launches_terminator-30-sep-2020-163433-article/" style="display: inline-block; float: left; padding: 0; text-align: left">Baker Hughes Launches Terminator</a> </li> <li> <a href="/web/20200930212821/https://www.rigzone.com/news/wire/nigeria_may_sell_shares_in_national_oil_company-30-sep-2020-163435-article/" style="display: inline-block; float: left; padding: 0; text-align: left">Nigeria May Sell Shares in National Oil Company</a> </li> <li> <a href="/web/20200930212821/https://www.rigzone.com/news/shell_expects_to_cut_up_to_9000_jobs-30-sep-2020-163430-article/" style="display: inline-block; float: left; padding: 0; text-align: left">Shell Expects to Cut up to 9,000 Jobs</a> </li> </br> </ul> </div> </div> <div class="ui-tabs-panel" id="tabs2Inline"> <div id="generalList2Inline"> <ul class="pop"> <li> <a href="/web/20200930212821/https://www.rigzone.com/news/wire/california_is_banning_gasoline_cars-24-sep-2020-163383-article/" style="display: inline-block; float: left; padding: 0; text-align: left">California Is Banning Gasoline Cars</a> </li> <li> <a href="/web/20200930212821/https://www.rigzone.com/news/ongc_fire_extinguished-25-sep-2020-163392-article/" style="display: inline-block; float: left; padding: 0; text-align: left">ONGC Fire Extinguished</a> </li> <li> <a href="/web/20200930212821/https://www.rigzone.com/news/no_layoffs_as_total_goes_zero_crude_at_refinery-25-sep-2020-163391-article/" style="display: inline-block; float: left; padding: 0; text-align: left">No Layoffs as Total Goes Zero Crude at Refinery</a> </li> <li> <a href="/web/20200930212821/https://www.rigzone.com/news/wire/azeris_and_armenians_plunge_into_war-28-sep-2020-163405-article/" style="display: inline-block; float: left; padding: 0; text-align: left">Azeris and Armenians Plunge Into War</a> </li> <li> <a href="/web/20200930212821/https://www.rigzone.com/news/hermitage_announces_nyse_trading_suspension-28-sep-2020-163406-article/" style="display: inline-block; float: left; padding: 0; text-align: left">Hermitage Announces NYSE Trading Suspension</a> </li> </ul> </div> </div> </div> </div> </div><h3 style="margin-bottom:10px;"><a class="artcile-no-underline" href="/web/20200930212821/https://www.rigzone.com/news/exploration/">Exploration</a></h3> <div class="smallHeadline clear"> <div class="headlineContainer"> <a href="/web/20200930212821/https://www.rigzone.com/news/equinor_makes_new_offshore_discovery-30-sep-2020-163431-article/">Equinor Makes New Offshore Discovery</a> <a href="/web/20200930212821/https://www.rigzone.com/news/equinor_makes_new_offshore_discovery-30-sep-2020-163431-article/#hasComments" title="Share your comments on this article."><img src="//web.archive.org/web/20200930212821im_/https://images.rigzone.com/images/icon_comment.gif" alt="Share your comments"/></a> <div class="description"><span class="date">Wednesday, September 30, 2020</span>Equinor (NYSE: EQNR) has revealed that a new oil and gas discovery has been made in the Swisher prospect offshore Norway.</div> </div> </div> <div class="clear dottedLineBasic"></div> <br/> <div class="smallHeadline clear"> <div class="headlineContainer"> <a href="/web/20200930212821/https://www.rigzone.com/news/wire/nigeria_oil_reform_bill_would_create_upstream_regulator-29-sep-2020-163426-article/">Nigeria Oil Reform Bill Would Create Upstream Regulator</a> <a href="/web/20200930212821/https://www.rigzone.com/news/wire/nigeria_oil_reform_bill_would_create_upstream_regulator-29-sep-2020-163426-article/#hasComments" title="Share your comments on this article."><img src="//web.archive.org/web/20200930212821im_/https://images.rigzone.com/images/icon_comment.gif" alt="Share your comments"/></a> <div class="description"><span class="date">Tuesday, September 29, 2020</span>Nigerian President Muhammadu Buhari submitted a bill to reform the nation's oil industry to lawmakers.</div> </div> </div> <div class="clear dottedLineBasic"></div> <br/> <div class="smallHeadline clear"> <div class="headlineContainer"> <a href="/web/20200930212821/https://www.rigzone.com/news/wire/offshore_us_leasing_bans_also_apply_to_wind-29-sep-2020-163424-article/">Offshore US Leasing Bans Also Apply to Wind</a> <a href="/web/20200930212821/https://www.rigzone.com/news/wire/offshore_us_leasing_bans_also_apply_to_wind-29-sep-2020-163424-article/#hasComments" title="Share your comments on this article."><img src="//web.archive.org/web/20200930212821im_/https://images.rigzone.com/images/icon_comment.gif" alt="Share your comments"/></a> <div class="description"><span class="date">Tuesday, September 29, 2020</span>President Donald Trump's decision to rule out energy development along the coasts of Florida, Georgia and the Carolinas will bar not just offshore oil and gas drilling.</div> </div> </div> <div class="clear dottedLineBasic"></div> <br/> <div class="smallHeadline clear"> <div class="headlineContainer"> <a href="/web/20200930212821/https://www.rigzone.com/news/phase_2_for_largest_cns_obn_multiclient_survey-28-sep-2020-163409-article/">Phase 2 for Largest CNS OBN Multi-Client Survey</a> <a href="/web/20200930212821/https://www.rigzone.com/news/phase_2_for_largest_cns_obn_multiclient_survey-28-sep-2020-163409-article/#hasComments" title="Share your comments on this article."><img src="//web.archive.org/web/20200930212821im_/https://images.rigzone.com/images/icon_comment.gif" alt="Share your comments"/></a> <div class="description"><span class="date">Monday, September 28, 2020</span>CGG has announced the completion of the first phase of its multi-year program to deliver 'the largest OBN multi-client survey ever acquired in the UK Central North Sea'.</div> </div> </div> <div class="clear dottedLineBasic"></div> <br/> <div class="smallHeadline clear"> <div class="headlineContainer"> <a href="/web/20200930212821/https://www.rigzone.com/news/baker_hughes_posts_jump_in_us_rigs-26-sep-2020-163402-article/">Baker Hughes Posts Jump in US Rigs</a> <a href="/web/20200930212821/https://www.rigzone.com/news/baker_hughes_posts_jump_in_us_rigs-26-sep-2020-163402-article/#hasComments" title="Share your comments on this article."><img src="//web.archive.org/web/20200930212821im_/https://images.rigzone.com/images/icon_comment.gif" alt="Share your comments"/></a> <div class="description"><span class="date">Saturday, September 26, 2020</span>The number of rotary drilling rigs operating in the US rose by six this week.</div> </div> </div> <div class="clear dottedLineBasic"></div> <br/> <div class="smallHeadline clear"> <div class="headlineContainer"> <a href="/web/20200930212821/https://www.rigzone.com/news/wire/permian_crown_jewel_preps_for_biden_ban-25-sep-2020-163397-article/">Permian Crown Jewel Preps for Biden Ban</a> <a href="/web/20200930212821/https://www.rigzone.com/news/wire/permian_crown_jewel_preps_for_biden_ban-25-sep-2020-163397-article/#hasComments" title="Share your comments on this article."><img src="//web.archive.org/web/20200930212821im_/https://images.rigzone.com/images/icon_comment.gif" alt="Share your comments"/></a> <div class="description"><span class="date">Friday, September 25, 2020</span>The Permian in New Mexico, unlike in Texas, lies largely on federal land.</div> </div> </div> <div class="clear dottedLineBasic"></div> <br/> <br class="clear"><a class="rz-sponsors-all-button" href="/web/20200930212821/https://www.rigzone.com/news/exploration/">READ MORE</a><br class="clear"><h3 style="margin-bottom:10px;"><a class="artcile-no-underline" href="/web/20200930212821/https://www.rigzone.com/news/production/">Production</a></h3> <div class="smallHeadline clear"> <div class="headlineContainer"> <a href="/web/20200930212821/https://www.rigzone.com/news/wire/major_refiner_to_buy_canadian_crude_on_venezuela_concerns-30-sep-2020-163439-article/">Major Refiner to Buy Canadian Crude on Venezuela Concerns</a> <a href="/web/20200930212821/https://www.rigzone.com/news/wire/major_refiner_to_buy_canadian_crude_on_venezuela_concerns-30-sep-2020-163439-article/#hasComments" title="Share your comments on this article."><img src="//web.archive.org/web/20200930212821im_/https://images.rigzone.com/images/icon_comment.gif" alt="Share your comments"/></a> <div class="description"><span class="date">Wednesday, September 30, 2020</span>The owner of the world's largest refining complex has reportedly signed a deal to purchase 2 million barrels of heavy Canadian oil a month.</div> </div> </div> <div class="clear dottedLineBasic"></div> <br/> <div class="smallHeadline clear"> <div class="headlineContainer"> <a href="/web/20200930212821/https://www.rigzone.com/news/range_makes_ethane_supply_deal_for_appalachia_plant-30-sep-2020-163434-article/">Range Makes Ethane Supply Deal for Appalachia Plant</a> <a href="/web/20200930212821/https://www.rigzone.com/news/range_makes_ethane_supply_deal_for_appalachia_plant-30-sep-2020-163434-article/#hasComments" title="Share your comments on this article."><img src="//web.archive.org/web/20200930212821im_/https://images.rigzone.com/images/icon_comment.gif" alt="Share your comments"/></a> <div class="description"><span class="date">Wednesday, September 30, 2020</span>Range Resources has signed a deal to become an anchor ethane supplier for a proposed ethylene cracker in Ohio.</div> </div> </div> <div class="clear dottedLineBasic"></div> <br/> <div class="smallHeadline clear"> <div class="headlineContainer"> <a href="/web/20200930212821/https://www.rigzone.com/news/oga_turns_attention_to_flaring-30-sep-2020-163429-article/">OGA Turns Attention to Flaring</a> <a href="/web/20200930212821/https://www.rigzone.com/news/oga_turns_attention_to_flaring-30-sep-2020-163429-article/#hasComments" title="Share your comments on this article."><img src="//web.archive.org/web/20200930212821im_/https://images.rigzone.com/images/icon_comment.gif" alt="Share your comments"/></a> <div class="description"><span class="date">Wednesday, September 30, 2020</span>The Oil and Gas Authority has expanded its benchmarking to the flaring and venting of greenhouse gases on the UK Continental Shelf for the first time.</div> </div> </div> <div class="clear dottedLineBasic"></div> <br/> <div class="smallHeadline clear"> <div class="headlineContainer"> <a href="/web/20200930212821/https://www.rigzone.com/news/wire/oil_sands_producers_eye_rail_link_for_asia_exports-28-sep-2020-163415-article/">Oil Sands Producers Eye Rail Link for Asia Exports</a> <a href="/web/20200930212821/https://www.rigzone.com/news/wire/oil_sands_producers_eye_rail_link_for_asia_exports-28-sep-2020-163415-article/#hasComments" title="Share your comments on this article."><img src="//web.archive.org/web/20200930212821im_/https://images.rigzone.com/images/icon_comment.gif" alt="Share your comments"/></a> <div class="description"><span class="date">Monday, September 28, 2020</span>US President Donald Trump's decision to approve a rail link between Canada and Alaska could open up an export route to Asia for Alberta's struggling oil sands producers.</div> </div> </div> <div class="clear dottedLineBasic"></div> <br/> <div class="smallHeadline clear"> <div class="headlineContainer"> <a href="/web/20200930212821/https://www.rigzone.com/news/2b_north_sea_field_gets_green_light-28-sep-2020-163407-article/">$2B North Sea Field Gets Green Light</a> <a href="/web/20200930212821/https://www.rigzone.com/news/2b_north_sea_field_gets_green_light-28-sep-2020-163407-article/#hasComments" title="Share your comments on this article."><img src="//web.archive.org/web/20200930212821im_/https://images.rigzone.com/images/icon_comment.gif" alt="Share your comments"/></a> <div class="description"><span class="date">Monday, September 28, 2020</span>Equinor (NYSE: EQNR) has decided to develop the Breidablikk field in the North Sea.</div> </div> </div> <div class="clear dottedLineBasic"></div> <br/> <div class="smallHeadline clear"> <div class="headlineContainer"> <a href="/web/20200930212821/https://www.rigzone.com/news/wire/india_may_peg_local_gas_price_to_asia_lng-25-sep-2020-163398-article/">India May Peg Local Gas Price to Asia LNG</a> <a href="/web/20200930212821/https://www.rigzone.com/news/wire/india_may_peg_local_gas_price_to_asia_lng-25-sep-2020-163398-article/#hasComments" title="Share your comments on this article."><img src="//web.archive.org/web/20200930212821im_/https://images.rigzone.com/images/icon_comment.gif" alt="Share your comments"/></a> <div class="description"><span class="date">Friday, September 25, 2020</span>The proposal reportedly would peg the price to the popular benchmark Japan-Korea Marker.</div> </div> </div> <div class="clear dottedLineBasic"></div> <br/> <br class="clear"><a class="rz-sponsors-all-button" href="/web/20200930212821/https://www.rigzone.com/news/production/">READ MORE</a><br class="clear"><h3 style="margin-bottom:10px;"><a class="artcile-no-underline" href="/web/20200930212821/https://www.rigzone.com/news/finance_and_investing/">Finance and Investing</a></h3> <div class="smallHeadline clear"> <div class="headlineContainer"> <a href="/web/20200930212821/https://www.rigzone.com/news/wire/bp_hits_25year_low-25-sep-2020-163393-article/">BP Hits 25-Year Low</a> <a href="/web/20200930212821/https://www.rigzone.com/news/wire/bp_hits_25year_low-25-sep-2020-163393-article/#hasComments" title="Share your comments on this article."><img src="//web.archive.org/web/20200930212821im_/https://images.rigzone.com/images/icon_comment.gif" alt="Share your comments"/></a> <div class="description"><span class="date">Friday, September 25, 2020</span>Just a week after revealing its plan to turn itself into a clean-energy giant, BP Plc watched its share price drop to a 25-year low.</div> </div> </div> <div class="clear dottedLineBasic"></div> <br/> <div class="smallHeadline clear"> <div class="headlineContainer"> <a href="/web/20200930212821/https://www.rigzone.com/news/anadarko_basin_player_files_chapter_11-17-aug-2020-163036-article/">Anadarko Basin Player Files Chapter 11</a> <a href="/web/20200930212821/https://www.rigzone.com/news/anadarko_basin_player_files_chapter_11-17-aug-2020-163036-article/#hasComments" title="Share your comments on this article."><img src="//web.archive.org/web/20200930212821im_/https://images.rigzone.com/images/icon_comment.gif" alt="Share your comments"/></a> <div class="description"><span class="date">Monday, August 17, 2020</span>Chaparral Energy Inc has voluntarily filed petitions for relief under Chapter 11 of the U.S. Bankruptcy Code in accordance with a restructuring support agreement it has made.</div> </div> </div> <div class="clear dottedLineBasic"></div> <br/> <div class="smallHeadline clear"> <div class="headlineContainer"> <a href="/web/20200930212821/https://www.rigzone.com/news/profit_warnings_soar_for_uk_oil_cos-07-aug-2020-162952-article/">Profit Warnings Soar for UK Oil Cos</a> <a href="/web/20200930212821/https://www.rigzone.com/news/profit_warnings_soar_for_uk_oil_cos-07-aug-2020-162952-article/#hasComments" title="Share your comments on this article."><img src="//web.archive.org/web/20200930212821im_/https://images.rigzone.com/images/icon_comment.gif" alt="Share your comments"/></a> <div class="description"><span class="date">Friday, August 07, 2020</span>UK listed oil and gas companies issued more profit warnings in the second quarter of this year than the whole of 2019.</div> </div> </div> <div class="clear dottedLineBasic"></div> <br/> <div class="smallHeadline clear"> <div class="headlineContainer"> <a href="/web/20200930212821/https://www.rigzone.com/news/wire/bp_cuts_dividend_for_first_time_since_2010-04-aug-2020-162909-article/">BP Cuts Dividend for First Time Since 2010 </a> <a href="/web/20200930212821/https://www.rigzone.com/news/wire/bp_cuts_dividend_for_first_time_since_2010-04-aug-2020-162909-article/#hasComments" title="Share your comments on this article."><img src="//web.archive.org/web/20200930212821im_/https://images.rigzone.com/images/icon_comment.gif" alt="Share your comments"/></a> <div class="description"><span class="date">Tuesday, August 04, 2020</span>BP cut its dividend for the first time in a decade, removing a cornerstone of its investment case.</div> </div> </div> <div class="clear dottedLineBasic"></div> <br/> <div class="smallHeadline clear"> <div class="headlineContainer"> <a href="/web/20200930212821/https://www.rigzone.com/news/deutsche_bank_drops_some_oil_financing-28-jul-2020-162842-article/">Deutsche Bank Drops Some Oil Financing</a> <a href="/web/20200930212821/https://www.rigzone.com/news/deutsche_bank_drops_some_oil_financing-28-jul-2020-162842-article/#hasComments" title="Share your comments on this article."><img src="//web.archive.org/web/20200930212821im_/https://images.rigzone.com/images/icon_comment.gif" alt="Share your comments"/></a> <div class="description"><span class="date">Tuesday, July 28, 2020</span>Deutsche Bank has adopted a new fossil fuels policy.</div> </div> </div> <div class="clear dottedLineBasic"></div> <br/> <div class="smallHeadline clear"> <div class="headlineContainer"> <a href="/web/20200930212821/https://www.rigzone.com/news/wire/equinor_in_surprise_profit-24-jul-2020-162816-article/">Equinor In Surprise Profit</a> <a href="/web/20200930212821/https://www.rigzone.com/news/wire/equinor_in_surprise_profit-24-jul-2020-162816-article/#hasComments" title="Share your comments on this article."><img src="//web.archive.org/web/20200930212821im_/https://images.rigzone.com/images/icon_comment.gif" alt="Share your comments"/></a> <div class="description"><span class="date">Friday, July 24, 2020</span>Equinor reported a surprise profit in the second quarter.</div> </div> </div> <div class="clear dottedLineBasic"></div> <br/> <br class="clear"><a class="rz-sponsors-all-button" href="/web/20200930212821/https://www.rigzone.com/news/finance_and_investing/">READ MORE</a><br class="clear"> <h3 style="margin-bottom:10px;"><a class="artcile-no-underline" href="/web/20200930212821/https://www.rigzone.com/news/company_operations/">Company Operations</a></h3> <div class="smallHeadline clear"> <div class="headlineContainer"> <a href="/web/20200930212821/https://www.rigzone.com/news/wire/oil_traders_see_upside_from_renewables_push-30-sep-2020-163437-article/">Oil Traders See Upside from Renewables Push</a> <a href="/web/20200930212821/https://www.rigzone.com/news/wire/oil_traders_see_upside_from_renewables_push-30-sep-2020-163437-article/#hasComments" title="Share your comments on this article."><img src="//web.archive.org/web/20200930212821im_/https://images.rigzone.com/images/icon_comment.gif" alt="Share your comments"/></a> <div class="description"><span class="date">Wednesday, September 30, 2020</span>A move into renewables will give the world's biggest commodities traders access to more capital, according to their finance chiefs.</div> </div> </div> <div class="clear dottedLineBasic"></div> <br/> <div class="smallHeadline clear"> <div class="headlineContainer"> <a href="/web/20200930212821/https://www.rigzone.com/news/wire/nigeria_may_sell_shares_in_national_oil_company-30-sep-2020-163435-article/">Nigeria May Sell Shares in National Oil Company</a> <a href="/web/20200930212821/https://www.rigzone.com/news/wire/nigeria_may_sell_shares_in_national_oil_company-30-sep-2020-163435-article/#hasComments" title="Share your comments on this article."><img src="//web.archive.org/web/20200930212821im_/https://images.rigzone.com/images/icon_comment.gif" alt="Share your comments"/></a> <div class="description"><span class="date">Wednesday, September 30, 2020</span>Tightly controlled by the Nigerian government since 1977, NNPC has become a tool for political patronage.</div> </div> </div> <div class="clear dottedLineBasic"></div> <br/> <div class="smallHeadline clear"> <div class="headlineContainer"> <a href="/web/20200930212821/https://www.rigzone.com/news/baker_hughes_launches_terminator-30-sep-2020-163433-article/">Baker Hughes Launches Terminator</a> <a href="/web/20200930212821/https://www.rigzone.com/news/baker_hughes_launches_terminator-30-sep-2020-163433-article/#hasComments" title="Share your comments on this article."><img src="//web.archive.org/web/20200930212821im_/https://images.rigzone.com/images/icon_comment.gif" alt="Share your comments"/></a> <div class="description"><span class="date">Wednesday, September 30, 2020</span>Baker Hughes (NYSE: BKR) has announced the launch of its new vessel deployed wellhead cutting system, which it has dubbed Terminator.</div> </div> </div> <div class="clear dottedLineBasic"></div> <br/> <div class="smallHeadline clear"> <div class="headlineContainer"> <a href="/web/20200930212821/https://www.rigzone.com/news/shell_expects_to_cut_up_to_9000_jobs-30-sep-2020-163430-article/">Shell Expects to Cut up to 9,000 Jobs</a> <a href="/web/20200930212821/https://www.rigzone.com/news/shell_expects_to_cut_up_to_9000_jobs-30-sep-2020-163430-article/#hasComments" title="Share your comments on this article."><img src="//web.archive.org/web/20200930212821im_/https://images.rigzone.com/images/icon_comment.gif" alt="Share your comments"/></a> <div class="description"><span class="date">Wednesday, September 30, 2020</span>Royal Dutch Shell plc (NYSE: RDS.A) expects to make between 7,000 and 9,000 job cuts by the end of 2022.</div> </div> </div> <div class="clear dottedLineBasic"></div> <br/> <div class="smallHeadline clear"> <div class="headlineContainer"> <a href="/web/20200930212821/https://www.rigzone.com/news/wire/private_firms_gain_market_share_from_pemex-29-sep-2020-163423-article/">Private Firms Gain Market Share from Pemex</a> <a href="/web/20200930212821/https://www.rigzone.com/news/wire/private_firms_gain_market_share_from_pemex-29-sep-2020-163423-article/#hasComments" title="Share your comments on this article."><img src="//web.archive.org/web/20200930212821im_/https://images.rigzone.com/images/icon_comment.gif" alt="Share your comments"/></a> <div class="description"><span class="date">Tuesday, September 29, 2020</span>The trend bodes poorly for the Lopez Obrador administration.</div> </div> </div> <div class="clear dottedLineBasic"></div> <br/> <div class="smallHeadline clear"> <div class="headlineContainer"> <a href="/web/20200930212821/https://www.rigzone.com/news/wire/total_buys_londons_largest_carcharging_network-29-sep-2020-163421-article/">Total Buys London's Largest Car-Charging Network</a> <a href="/web/20200930212821/https://www.rigzone.com/news/wire/total_buys_londons_largest_carcharging_network-29-sep-2020-163421-article/#hasComments" title="Share your comments on this article."><img src="//web.archive.org/web/20200930212821im_/https://images.rigzone.com/images/icon_comment.gif" alt="Share your comments"/></a> <div class="description"><span class="date">Tuesday, September 29, 2020</span>French energy giant Total SE snapped up London's largest car-charging network.</div> </div> </div> <div class="clear 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googletag.enableServices(); googletag.display('div-gpt-ad-leader'); googletag.display('div-gpt-ad-rectangle'); googletag.display('div-gpt-ad-halfpage'); googletag.display('div-gpt-ad-footer'); });//end googletag.cmd.push </script> <style type="text/css"> .memberEngagementOverlay { position: fixed; left: 0; right: 0; bottom: 0; /* background-color: rgb(20,42,84); (64, 124, 202) Fallback color */ background-color: rgba(20, 42, 84,0.97); /* some color w/ opacity */ border-style: solid; border-color: #EAB724; border-width: 2px; display: none; z-index: 1; } .memberEngagementclose { border-radius: 5px; color: #ffffff; background-color: #000000; display: inline-block; position: absolute; top: 30%; right: 5px; cursor: pointer; font-weight: 900; font-size: 16px } .desktopMessage { display:block; font-size:120%; line-height:110%; letter-spacing:1px; padding-top: 3px; margin: auto; } .mobileMessage { display:block; font-size:120%; line-height:110%; letter-spacing:1px; padding-top: 3px; margin: auto; display:none; } .btn-engagement { padding:5px !important; color: black !important; font-weight: bold; letter-spacing:1px; } @media (max-width: 800px) { .mobileMessage { display: block; font-size:100%; } .desktopMessage { display: none; } } @media (max-width: 400px) { .mobileMessage { display: block; font-size: 90%; } .desktopMessage { display: none; } } </style> <script type="text/javascript"> var messageUserID; var messageID = 7; function ShowMessageModal() { $('#BottomEngagementOverlay').fadeIn(); } function MessageClickResponseVisitor(messageID, responseChoice) { messageUserID = document.getElementById('messageVisitorID').value; if (document.getElementById('messageMemberID').value > 0) { MessageClickResponseMember(messageID, responseChoice); return false; } //returned results will either be a redirect or a close message to dialog..... $.ajax({ type: 'POST', cache: false, url: '/profile/messageResponse/', data: 'messageUserID=' + messageUserID + '&messageID=' + messageID + '&responseChoice=' + responseChoice, dataType: 'text', success: function (data) { if (data.indexOf('://') > 0) { window.location.replace(data); } else { $('.memberEngagementOverlay').fadeOut(); } }, error: function (data) { console.log('error: ' + data); $('.memberEngagementOverlay').fadeOut(); } }); } function MessageClickResponseMember(messageID, responseChoice) { messageUserID = document.getElementById('messageMemberID').value; $.ajax({ type: 'POST', cache: false, url: '/profile/messageResponse/', data: 'messageUserID=' + messageUserID + '&messageID=' + messageID + '&responseChoice=' + responseChoice, dataType: 'text', success: function (data) { if (data.indexOf('://') > 0) { window.location.replace(data); } else { $('.memberEngagementOverlay').fadeOut(); } }, error: function (data) { console.log('error: ' + data); $('.memberEngagementOverlay').fadeOut(); } }); } //this is supposed to be the better way of doing this. window.addEventListener ? window.addEventListener('load',LoadMessageModal,false) : window.attachEvent && window.attachEvent('onload', LoadMessageModal); function LoadMessageModal() { var overlay = $('#BottomEngagementOverlay'), close = $('#BottomEngagementClose'); //overlay.append(close); $(close).on('click', function () { //Could setup a check here on messageMemberID and if 0 do vistor call otherwise member call //will add the check in the MessageClickResponseVisitor and branch from there if needed. MessageClickResponseVisitor(messageID,2); overlay.fadeOut(); }); setTimeout(ShowMessageModal, 5000); } </script> <input type="hidden" id="messageVisitorID" value="d4048f929cb84ea8a6de3558d8a4ca82"/> <input type="hidden" id="messageMemberID" value="0"/> <!-- <div id="modal-message" title="Message from Rigzone"> </div> --> <div id="BottomEngagementOverlay" class="memberEngagementOverlay"> <div style="padding:5px;"> <div style="color: #ffffff;display: flex; flex-direction: row;justify-content:center;margin-right: 15px;"> <div style="text-align:center;display:inherit;"> <strong class="desktopMessage">700K Industry Pros can鈥檛 be wrong. </strong> <strong class="mobileMessage">700K Industry Pros can鈥檛 be wrong. </strong> <input id="btnNewsSubscribe" name="btnNewsSubscribe" type="submit" class="btn green btn-round btn-engagement" style="width:140px;margin-right:3px;" value="Subscribe Now" onclick="javascript:MessageClickResponseVisitor(7,1);return false;"> </div> </div> </div> <div id="BottomEngagementClose" class="memberEngagementclose">X</div> </div> <script> var observer = lozad('.lozad', { threshold: 0.1, load: function (el) { el.src = el.getAttribute("data-src"); } }) observer.observe(); </script> </body> </html> <!-- FILE ARCHIVED ON 21:28:21 Sep 30, 2020 AND RETRIEVED FROM THE INTERNET ARCHIVE ON 17:43:37 Dec 21, 2024. 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