Home › More than $150 billion of oil projects face the axe in 2015
 

Keywords :   


More than $150 billion of oil projects face the axe in 2015

2014-12-05 09:30:17| Energy - Topix.net

Global oil and gas exploration projects worth more than $150 billion are likely to be put on hold next year as plunging oil prices render them uneconomic, data shows, potentially curbing supplies by the end of the decade. As big oil fields that were discovered decades ago begin to deplete, oil companies are trying to access more complex and hard to reach fields located in some cases deep under sea level.

Tags: the face projects oil

Category:Energy and Environment

Latest from this category

All news
01.11Heritage Environmental Services Secures Commercial Permit Status for Orange, TX Incinerator
01.11Gimme Seaweed Partners with rePurpose Global to Combat Plastic Pollution
01.11Video Catches the Moment a Missouri Battery Recycling Plant Explodes
01.11University of Akron Receives $2M Grant from US DOE for EV Battery Recycling
31.10This Week in Waste: Top Stories Oct 28 Oct 31
31.10Casella Waste Sees Double-Digit Revenue Growth, Provides Update on Acquisition Activity
31.10Pride Disposal & Recycling Company Orders Two McNeilus EV Collection Vehicles
31.10Cal/OSHA Translation App Assists in Communications with Remote Workers
Energy and Environment »
02.11Subtropical Storm Patty Graphics
02.11Atlantic Tropical Weather Outlook
02.11Eastern North Pacific Tropical Weather Outlook
02.11Tropical Storm Lane Graphics
02.11Subtropical Storm Patty Graphics
02.11Tropical Storm Lane Forecast Discussion Number 4
02.11Subtropical Storm Patty Wind Speed Probabilities Number 2
02.11Summary for Tropical Storm Lane (EP3/EP132024)
More »