OPERATIONS

Buru battens down hatches

ASX-junior Buru Energy has reported a strong balance sheet at the end of the March quarter, despite production and revenue being hit from the COVID-19 pandemic and the oil price crash.

Cuts personnel costs as sales revenue halved

Cuts personnel costs as sales revenue halved

  The company described its response to the market shocks as "appropriate and timely", as it significantly reduced operating and corporate costs, reducing corporate and office staff salaries by between...

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A growing series of reports, each focused on a key discussion point for the energy sector, brought to you by the Energy News Bulletin Intelligence team.

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