Financial Times | Another oil firm cuts costs...and halves dividend CNBC British oil and gas services company Amec Foster Wheeler Plc raised its cost-savings target for the year and cut its dividend in half, pressured by the slump in oil prices. Ian McHoul, the chief financial officer at Amec Foster Wheeler, told CNBC ... The Oil Man: Amec Foster Wheeler, Circle Oil UPDATE 3-Amec Foster Wheeler halves dividend as oil prices bite CompaniesAmec shares crumble as dividend cut amid oil pain |