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1
BP to Cut 7,000 Jobs in 2016/2017 after Worst Results for Two Decades
Tuesday, February 02, 2016 - BP's final results for 2015 revealed its worst performance for more than two decades and that it will lose 7,000 members from its workforce in 2016 and 2017.
2
GE Oil & Gas: Industry Must Take Lessons from Uber to Attract New Talent
Tuesday, February 02, 2016 - The oil and gas industry will need to take lessons from companies like Uber if it wants to attract a new generation of talent, say speakers at the 17th GE Oil & Gas Annual Meeting in Florence, Italy.
3
A New Global Oil Deal Could Draw Lessons From 1998
Tuesday, February 02, 2016 - After a year of secret diplomacy and hushed-up private talks around the world, OPEC's mighty Saudi Arabia and rival Venezuela were persuaded to cut a deal by non-OPEC Mexico which overcame mutual acrimony and led to a much-needed rise in oil prices.
4
Oil Tycoon Pickens Cashes Out on Oil, Awaits Time to Get Back
Thursday, February 04, 2016 - Oil tycoon T. Boone Pickens, who made and lost fortunes targeting some of the largest U.S. crude explorers over the past 40 years, cashes out.
5
Obama Says US Should Take Advantage of Cheap Fuel With Oil Tax
Friday, February 05, 2016 - President Obama defends his proposal for a $10-per-barrel tax on oil, says low gasoline prices provide an opportunity to finance transportation improvements.
6
Obama To Seek New Tax On Oil In Budget Proposal
Thursday, February 04, 2016 - US President Obama proposing a $10-a-barrel fee on oil in his budget plan next week in effort to boost investments in clean transportation.
7
Wood Mac: Producers Continue to Run Loss-making Oilfields
Friday, February 05, 2016 - Less than 0.1% of global production has been halted to date even though 3.5% of global supply is currently cash negative, says Wood Mackenzie.
8
Oil Seen Surging About 50% By Fourth Quarter As Supply Eases
Wednesday, February 03, 2016 - Oil bulls distressed that last week's rally fizzled can find some comfort in forecasts for a bigger and longer rebound by the end of the year.
9
Texas Toughness In Oil Patch Shows Why US Still Strong At $30
Thursday, February 04, 2016 - Texas has a message for $30 crude doomsayers: Bring it on.
10
Exxon's Profit Tumbles 58 Percent, Slashes Capex by One-Quarter
Tuesday, February 02, 2016 - Exxon Mobil Corp reports its smallest quarterly profit in more than a decade, saying it will cut 2016 spending by one-quarter and suspend share repurchases as it copes with a prolonged downturn in crude prices.


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