Daily Archives: February 25, 2016

EOG cuts 2016 capex in half

Rate this article EOG Resources Inc., Houston, reported planned capital expenditures for 2016 of $2.4-2.6 billion, a 45-50% year-over-year reduction. Read Full Article Here For more great articles: Oil & Gas Journal – General Interest

Bill would loosen Petrobras’s presalt grip

Rate this article Domination by state-owned Petroleo Brasileiro SA (Petrobras) of presalt licenses offshore Brazil would cease under legislation approved Feb. 24 by the Brazilian Senate. Read Full Article Here For more great articles: Oil & Gas Journal – General Interest