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Canada's Husky Reduces Capex, Production, an Industrial Info Market Brief

Husky Energy has announced an additional $700 million cut in investments, which brings its spending forecast down to $1.65 billion for 2020.

Released Wednesday, April 22, 2020


Husky Energy has announced an additional $700 million cut in investments, which brings its spending forecast down to $1.65 billion for 2020. Most of the cuts will affect Husky's exploration and production business segment. Production cuts were estimated at 80,000 barrels per day and could drop more, depending on the market. Industrial Info is tracking 70 active Husky Energy projects worth more than $15 billion. Click here for a list.

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