EXPLORATION

Neptune slows the pace of project developments

INTERNATIONAL oil and gas explorer and producer Neptune Energy proved its resilience in the current market, reporting a "robust" cash flow of US$355 million for the first quarter, however will make deep cuts in capital expenditure of the remainder of the year.

Neptune slows the pace of project developments

  This week Neptune Energy released its first quarter report for 2020. The company said a decision to cut capital expenditure over the past few months had saved it around US$50 million to date.  ...

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