global oil investments

  • Global Oil&Gas Investments to Fall to Six Year Low in 2016

    Global Oil&Gas Investments to Fall to Six Year Low in 2016

    Tuesday, 5th January 2016
    Global oil and gas investments are expected to fall to $522b in 2016, the lowest in six years, and oil companies plan to cut spending, sell assets, shed jobs, delay or resize projects, renegotiate supply contracts, use less complex technology, and lower their investment packages.