Mon, Sep 22, 2014
A A A
Welcome kbr175@gmail.com
RSS

Commodities Briefing - Categorized | Energy, Investment, Market Pulse, Oil more

Commodity price plunge, credit crunch spur energy companies to rethink plans

Posted on 16 October 2008

From Resourceinvestor.com: Wobbly financial markets and tumbling commodity prices are causing major headaches for the oil and gas sector, with some players reconsidering the plans they made when the economic picture looked rosier.

EnCana Corp. (ECA) suspended Wednesday its planned split into separate oil and gas companies “given the uncertainty and volatility in the global financial markets.” It said it would not hold a shareholder vote on the restructuring, originally set for mid-December, “until clear signs of stabilization return to the financial markets…… Full Article: Source


 Article link

This post was written by:

VRS - who has written 37037 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

banner
September 2014
S M T W T F S
« Aug    
 123456
78910111213
14151617181920
21222324252627
282930