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RD Today => All the News => Business News => Topic started by: chris on January 17, 2009, 01:59:16 AM

Title: Reuters: Conoco slashes budget, cutting 4 percent of jobs
Post by: chris on January 17, 2009, 01:59:16 AM
Conoco slashes budget, cutting 4 percent of jobs
      


HOUSTON (Reuters) - ConocoPhillips , citing a steep decline in oil and gas prices, said on Friday it will slash its capital spending 38 percent this year and cut about 1,300 jobs at the third-largest U.S. oil company.<div class="feedflare">
<img src="http://feeds2.feedburner.com/~f/reuters/businessNews?d=41" border="0"></img> (http://feeds.reuters.com:80/~f/reuters/businessNews?a=zgpSfUfl) <img src="http://feeds2.feedburner.com/~f/reuters/businessNews?i=Zz32gs32" border="0"></img> (http://feeds.reuters.com:80/~f/reuters/businessNews?a=Zz32gs32) <img src="http://feeds2.feedburner.com/~f/reuters/businessNews?i=GHxIug98" border="0"></img> (http://feeds.reuters.com:80/~f/reuters/businessNews?a=GHxIug98)
</div><img src="http://feeds2.feedburner.com/~r/reuters/businessNews/~4/nu6khgBafTg" height="1" width="1"/>
      

http://feeds.reuters.com:80/~r/reuters/businessNews/~3/nu6khgBafTg/idUSTRE50F71520090116