Adapting to shrinking price
China Daily | Updated: 2015-01-14 08:55
ConocoPhillips Co: plans to cut capital expenditure by 20 percent to $13.5 billion, cut spending on upstream exploration by 23 percent to $5 billion in 2015
BP PLc: plans to cut capital expenditure by $1 billion to $2 billion in 2015 and cut thousands of jobs worldwide
Petroleum Nasional Bhd (Malaysian state oil company): plans to cut capital expenditure by 15 percent to 20 percent in 2015
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