Tagged Environment

Hoegh LNG suspends dividends and cuts costs

Rate this article By LNG World News Norway’s Hoegh LNG will stop paying dividends to investors as part of a move in reducing costs due to the uncertain environment caused by the coronavirus pandemic. Hoegh’s board has decided to suspend dividends, bonus scheme for executive management and onshore personnel until further notice, the floating LNG…

Triangle Energy in cost-cutting efforts amid oil price slump

Rate this article By _Offshore_Energy_Today_ Triangle Energy has joined many other oil and gas companies in efforts to preserve financial stability amid low oil price environment and coronavirus pandemic with a set of cost-cutting measures. … Read Full Article Here For more great articles: Offshore Energy Today

Petrobras trims oil output as low demand bites

Rate this article By Offshore Energy Today.. Petrobras has joined numerous oil and gas operators in actions to reduce costs amid low oil price environment and coronavirus pandemic. Petrobras has also decided to lower its oil output. … Read Full Article Here For more great articles: Offshore Energy Today

Sound Energy gets environmental permit for Moroccan project

Rate this article By LNG World News Sound Energy, the Moroccan focused upstream gas company, said it has received the EIA approval and land corridor rights from the Moroccan Ministry of Energy, Mines and Environment for the Tendrara Gas Export Pipeline project. Read Full Article Here For more great articles: LNG World News

Hess shaves off $800 million of its budget for 2020

Rate this article By Offshore Energy Today.. In light of the current low oil price environment and market volatility, U.S. oil and gas company Hess Corporation has revealed a plan for a significant reduction to its 2020 capital and exploratory… … Read Full Article Here For more great articles: Offshore Energy Today