BAE Systems Poised to Increase Capital Expenditures Amid Defense Market Surge
1 month ago
In a strategic move to capitalize on the expanding global defense market, BAE Systems has announced plans to significantly enhance its capital expenditures, potentially exceeding the $1 billion mark. The British defense contractor is responding to growing demands for advanced military technology and equipment as geopolitical tensions continue to rise around the world.
Continue reading
CNOOC Maintains Steady Capital Spending Following Historic Production Levels
3 months ago
In a significant announcement, China National Offshore Oil Corporation (CNOOC) has declared its intention to keep its capital expenditure (capex) flat for the upcoming fiscal year. This decision comes on the heels of the company achieving its sixth consecutive year of record production levels, solidifying its position as a leading player in the global energy market.
Continue reading