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Tag: oil investment
US Remains Top Investment Destination for Oil and Gas Industry
2015-02-04 18:04:00| Offshore Technology
The US oil and gas industry's mix of measures balance cost control with long-term efficiency gains. Designed to tackle rising costs even before the oil price hit record lows, the actions contribute to the US' favoured position as investment destinati
Tags: top
industry
investment
gas
Cheap oil: Chevron slashes investment, share buybacks
2015-01-31 23:26:16| Oil & Gas - Topix.net
Chevron slashed $5 billion from its investment budget and shut down its share buyback program Friday as the crude price plunge continued to savage budgets of oil industry powerhouses. Chevron said it would spend $35 billion on exploration and production projects, 13 percent less than last year, in response to the nearly 60 percent fall of the oil price since the middle of 2014 due to a global glut.
Tags: share
investment
cheap
oil
CAPP predicts oil investment will drop by a third as prices languish
2015-01-22 06:36:37| Oil & Gas - Topix.net
The Canadian Association of Petroleum Producers is expecting oilpatch investment to drop by a third - or $23 billion - this year compared with 2014, while output is seen growing at a slower clip than previously predicted. The oil and gas industry group released an updated forecast Wednesday as crude prices continue to languish below US$50 a barrel.
Tags: prices
investment
oil
drop
Lux: nearly $7B in private investment in emerging oil & gas E&P technologies over last decade
2014-12-08 12:55:32| Green Car Congress
Tags: last
over
private
investment
Investment In Next Generation Oil And Gas Technologies Tops $7B
2014-11-26 04:36:07| oilandgasonline Home Page
New technologies to enhance exploration and production of oil and gas have attracted $7 billion in funding since 2003, according toLux Research, as waves of innovation have opened up new kinds of plays in shale gas, tight oil, and heavy oil.
Tags: generation
investment
technologies
gas