Comment on Occidental, Noble Energy to reduce hours, pay as oil prices continue to plunge

Occidental, Noble Energy to reduce hours, pay as oil prices continue to plunge

Colorado’s top two oil and gas producers are cutting employees’ pay and hours and placing workers on furlough as they cope with an extraordinary drop in demand due to the coronavirus-fueled economic clamp-down. Noble Energy, the state’s second-largest oil and gas producer, said Tuesday that it will place roughly 30% of its U.S.

 

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