ConocoPhillips Chief Executive Ryan Lance said Tuesday the energy company was able to survive the COVID-19 pandemic without layoffs because it had learned lessons from its Chinese operations. "In China we have a large operation in Bohai Bay that is offshore," the executive said in an interview with Daniel Yergin, vice chairman of IHS Markit . "In working with our partner, CNOOC, [we] came up with a protocol that said there was about a 14-day incubation period for the virus, send people offshore and have them work for 14 days and then the next group coming in would have to self-quarantine and isolate for 14 days." The company adapted that protocol in the North Slope of Alaska, where it had 4,000 workers offshore, and in Norway and other regions around the world, he said. The company decided early on to curtail production and is currently thinking about which circumstances would allow it to come back to market. "We've got about a third of our production shut-in as a company--400,000 barrels a day," he said. Lance expects the shale market to come back, but more slowly as companies refine their capital programs to grow more slowly than before. The CEO does not expect the U.S. oil production market to recover to pre-COVID-19 levels. The full interview is available at: www.ceraweek.com/conversations. Shares fell 1.7% premarket and are down 23% in the year to date, while the S&P 500 is flat.
日本 最新ニュース, 日本 見出し
Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。
14 wall art ideas that will transform your bare walls into a work of artWall art ideas: from typography to paintings and photographic prints, get inspiration for your gallery wall
続きを読む »
Trump's Approval Rating Plummets, Biden's Lead Balloons To 14 PointsPresident Trump's overall job approval rating dropped 7% over the past month, according to a new CNN Poll, which was released on Monday morning, which also shows that presumptive Democratic presidential nominee, Joe Biden, has jumped out to a 14-point lead over Trump ahead of November's general e...
続きを読む »
BP to Cut 14% of Global Workforce as Drop in Oil Price BitesBP plans to cut nearly 10,000 jobs and freeze pay increases for senior level managers as it seeks to strengthen its finances. “It was always part of the plan to make BP a leaner, faster-moving and lower carbon company.”
続きを読む »
UK Introduces 14-Day Quarantine Rules For Overseas ArrivalsThe British government has today introduced new 14-day quarantine rules amid its ongoing response to the coronavirus pandemic. People arriving in the UK by plane, train or ferry will be expected to…
続きを読む »
‘Big Brother’ Returns to Dutch Screens After 14 Year Absence with Original Broadcaster RTLReality format “Big Brother” is returning to screens in the Netherlands, the country where it all started, with original broadcaster RTL after 14 years off air. It is being produced by Endemol Shin…
続きを読む »