Chevron said on Friday it plans to spend between $ 25 billion to $ 28 billion next year and expects to further
slash spending in 2017 and 2018 as well, an acknowledgment that oil prices are not expected to rise at all in the near future.
Not exact matches
Oil companies have
slashed spending, scrapped new projects,
slashed tens of thousands of jobs, renegotiated supply contracts and increased borrowing
in order to weather the more than halving of oil prices since June 2014.
They
slashed training budgets during the recession, and though that
spending is coming back — up 15 %
in 2013, according to a Deloitte survey — corporate talent development is thought to be a dying art.
That is because banks, private - equity firms and institutional investors have continued to pour money into the sector even as oil companies
slashed billions of dollars
in spending from their budgets and laid off more than 100,000 workers.
Of course, we could avoid deficit if the party
in power (whichever one it will be) raised taxes or
slashed spending.
If America wants tax reform, the only responsible approach is to first reform what should come first, the unbridled growth
in entitlements that makes
slashing taxes that support that
spending, on hopes the economy will boom, a dangerous shot
in the dark.
In January the U.S. Congress passed a budget deal that boosts U.S. government
spending, following a December tax package that
slashes corporate tax rates.
To try and secure the deal, the government announced an austerity plan to raise taxes and
slash US$ 20 billion
in public
spending — including cuts to social welfare and public jobs, and a lowering of the minimum wage.
President Donald Trump will propose beefing up military
spending and
slashing domestic programs and foreign aid
in his fiscal year 2018 budget to be released on Thursday.
His «Common Sense Revolution»
in the 1990s
slashed spending and pushed ahead with controversial changes to public services that sparked widespread labour unrest and sometimes violent demonstrations.
Exxon, Royal Dutch Shell, Statoil, BP, and Chevron announced dismal earnings this week, missing expectations and showing how
slashing spending and pulling back isn't yet enough
in a world where oil has dropped from a high of $ 115 - per - barrel
in 2014 to a low of $ 27 - per - barrel
in January of this year.
Ford is now aiming to hit a pretax profit margin target of 8 percent by 2020, two years earlier than it previously planned, by
slashing $ 25.5 billion
in costs and $ 5 billion
in capital
spending.
Some of Trump's proposals would
slash funding for the National Institutes of Health by $ 1.23 billion, Bloomberg reports, and could bring research
spending levels back to their level
in 2000.
He points out that while the Internet has
slashed or even eliminated the price of entertainment, people have historically enjoyed many leisure activities that didn't cost much money, including taking solitary walks
in the park and
spending quality time with family members who weren't perpetually distracted by Twitter.
While the president - elect hasn't specifically said he'd cut alternative energy credits, they could become a target
in his plan to
slash government
spending.
These «furloughs,» which resulted from the sudden need of the FAA to
slash spending by 10 %, kicked
in on Sunday.
Three defense contractors found success
in diversification after the government
slashed its
spending.
Another high - profile project using laser ignition, HiPER (High Power Energy Research facility), has so far escaped funding grief, but with its host government
in the United Kingdom
slashing spending across the board, this perennial next - year technology makes an easy target.
In order for the drug to be cost effective, drugmakers should slash the price of the drug by over two thirds — to $ 4,536, when patients would be spending about $ 100,000 to keep themselves healthy, the researchers wrote in the JAMA articl
In order for the drug to be cost effective, drugmakers should
slash the price of the drug by over two thirds — to $ 4,536, when patients would be
spending about $ 100,000 to keep themselves healthy, the researchers wrote
in the JAMA articl
in the JAMA article.
While software robots were an obvious choice
in terms of speeding up processes and
slashing corporate
spending, members of the IT department were skeptical.
Under this approach, aggressive investing would be key, even if that involved
slashing prices or
spending billions on expanding capacity,
in order to become consumers» one - stop - shop.
Infrastructure, we're going to start
spending on infrastructure big, said Donald Trump days before he unveiled his $ 1.5 trillion infrastructure budget proposed by his administration, but as economists have pointed out, Trump's proposed budget requests only $ 200 billion
in federal funds and
slashes billions
in transportation funding, billions more from water, energy.
In response to these strains, state and local governments have cut infrastructure investment,
slashed support for higher education, cut
spending on K — 12 education, cut
spending on social benefits other than Medicaid, reduced administrative staff and reduced most other areas of the budget.
«If he doesn't push the U.S. economy into recession by
slashing public
spending, Canada's exports might end up as collateral damage
in his push to increase protectionism.»
After all, there's now a businessman
in charge at the White House rather than a politician, and Trump has promised to cut taxes, boost infrastructure and defence
spending and
slash regulations.
A series of cuts known as the sequester
slashed spending by tens of billions of dollars early
in the year, until a deal to restore some of the reductions this year.
And the reason I argue
in the book that earlier depression was over so quickly was because the federal government really did sit back and do nothing, they actually
slashed spending because this was right after World War I.
The co-operative cited a spike
in the Australian dollar and a global dairy market that continues to weaken after China
slashed its
spending on bulk dairy imports and amid Russia's ongoing trade sanctions on many western products.
In the process, facilities are able to
slash the amount of time that humans
spend just walking from place to place.
By getting stan out would be a start, get Usaminov
in... if we are not going to
spend in the market on players then contracts of stars sorted, training facilities upgraded (both are
in negotiations) and fans appreciated by ticket prices
slashed to suit everyone!
It's not to win, it's not to entertain — it's to get back that investment on the team, because the ownership group has basically already
spent the money they could
slash are willing to
spend on acquiring the franchise
in the first place.
But the # 1 million
spent on this
in 2010 was
slashed to zero, before restoring around # 100,000 to the budget.
He
slashed spending by 25 %
in Rye and is working to dissolve the town — and his job — to save taxpayer money.
In its particulars, the deal averting a government shutdown includes few of the cuts the president sought, and more resembles the kind of spending deals that former President Barack Obama — a Democrat — struck with Republicans in Congress, rather than the wall - building, program - slashing approach Trump suggeste
In its particulars, the deal averting a government shutdown includes few of the cuts the president sought, and more resembles the kind of
spending deals that former President Barack Obama — a Democrat — struck with Republicans
in Congress, rather than the wall - building, program - slashing approach Trump suggeste
in Congress, rather than the wall - building, program -
slashing approach Trump suggested.
Osborne also said he would
slash general departmental
spending by a further # 13bn
in the first two years of the parliament — enough, alongside growth, to put the overall budget
in surplus by 2018.
«No wonder our growth figures are
in freefall when this government
slashes spending while doing nothing to support growth and jobs.»
He's had a tough task, what with
slashing spending hither and thither, and hasn't always covered himself
in glory
in the process.
This is projected to hit N3 trillion ($ 15 billion) due to heavy infrastructure
spending at a time when the slump
in global oil prices has
slashed the country's export revenues.
The contributions went to the Committee to Save New York, a business and labor coalition that raised $ 17 million and
spent nearly $ 12 million
in 2011, much of it on campaign - style television and radio advertisements praising Mr. Cuomo and supporting his proposals to cap property taxes and
slash state
spending.
The new coalition government
in Britain has begun a process of attacking working class living standards through public
spending cuts,
slashing public services and reducing public sector pay, jobs and pensions.
The bill is set to
slash charities»
spending limits by 60 %, restrict their
spending in individual constituencies to just # 9,750 and force those involved
in coalition campaigning to count all the coalition's
spending as their own.
So it seems strange that the last five years involved the very opposite: a justice secretary who
slashed prison funding and stuffed even more inmates
in there, leading to soaring rates of suicide and assault and prisoners
spending up to 23 - hours a day locked
in their cells.
In its particulars, it more resembles the kind of spending deals that former President Barack Obama — a Democrat — struck with Republicans in Congress, rather than the wall - building, program - slashing approach Trump suggeste
In its particulars, it more resembles the kind of
spending deals that former President Barack Obama — a Democrat — struck with Republicans
in Congress, rather than the wall - building, program - slashing approach Trump suggeste
in Congress, rather than the wall - building, program -
slashing approach Trump suggested.
Although the Lib Dems were braver than their new Conservative allies
in specifying cuts
in their manifesto they did not get anywhere near the quarter of public
spending about to be
slashed.
Spending decisions ignore evidence
in favour of politics, as the horsetrading over plans to
slash budgets for scientific research shows
Gov. Cuomo is threaten ing to shut down state government
in early April if the Legislature refuses to pass a new budget that
slashes spending by an unprecedented $ 10 billion, The Post has learned.
«What's progressive about alliances with a party that
spent six years
slashing welfare
spending in Britain, reorganised the health service and wasted # 3bn
in doing it — forgive me, what is the progressive bit with the Liberal Democrats?»
ALBANY - Gov. Cuomo will propose a
slash - and - burn state budget plan Tuesday that reduces overall
spending for the first time
in nearly 15 years.
In a few short days, members of Congress must vote to avoid the series of across - the - board
spending cuts known as sequestration, but if not; many programs that benefit the neediest families will have their budgets
slashed mid-year.
MANHATTAN — Gov. Andrew Cuomo proposed a plan to
slash billions from the state's budget, including a 2 percent cut
in Medicaid
spending, a $ 1.5 billion reduction
in school aid and nearly 10,000 state worker layoffs, according to a plan unveiled Tuesday.