Wednesday 4 May 2016

LOW CRUDE OIL PRICES: THE TOLL CONTINUES ON OIL MAJORS

Oil majors are tackling the oil price rout by reducing capital expenditure, cutting jobs and deferring big projects but the toll on them continues. ConocoPhillips tables asset for sales ConocoPhillips is pulling some of its assets off the market as a prolonged industry downturn makes it harder to get the desired prices.

Read more @ BusinessDay

No comments:

Post a Comment