Posts Tagged
oil companies
Oil Companies Curtail Spending on Everything–Except Dividends
©2015 Bloomberg News NWYBGZ6KLVRL (Bloomberg) — Oil executives are standing by promises to protect dividend payouts from the collapse in crude prices even as they fire workers, cancel drilling projects and sell everything from oil fields to aircraft to conserve cash. Exxon Mobil Corp., the world’s biggest oil explorer, declared