Is the Era of Oil Megaprojects Over? –

Hellenic Shipping News Worldwide
Is the Era of Oil Megaprojects Over?
To make a long story short, everyone in Big Oil is slashing spending, which is nothing new given the lower for longer price environment. The new bit is that these cuts are no longer just a knee-jerk reaction to low oil prices—they are the core of a
Exxon warns low oil prices may dent reserves nearly 20 percentBusiness Recorder (press release) (registration) (blog)
Oil bust: Industry faces long recovery as prices stay low – News …Daily Comet
Big oil companies are about to gush red — here’s why analysts aren …Hellenic Shipping News Worldwide

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