(Reuters) - Oil and gas companies are cutting spending plans in response to the new coronavirus and a push by Saudi Arabia and Russia to ramp up output. International benchmark prices have more than halved since the start of the year, falling to around $30 a barrel. North American oil and gas producers have cut capital spending by about 30% on average, data compiled by Reuters showed. Below are plans announced by top energy companies (in alphabetical order):BPBP Plc said it planned to reduce capital and operational spending, which was about $15 billion last year.

Source: International New York Times March 20, 2020 10:18 UTC