Big oil’s $45bn spend on new projects signal revival

Big oil’s $45bn spend on new projects signal revival
13 July 2016, Sweetcrude, Lagos – Two projects worth $45 billion announced recently show the world’s largest oil companies are regaining the confidence to make big investments, emboldened by rising crude prices and low costs that promise to trigger more expansion ahead, according to Bloomberg. Chevron Corporation gave the go-ahead for a $37 billion expansion in […] More »
Big oil’s $45bn spend on new projects signal revival Big oil’s $45bn spend on new projects signal revival Reviewed by Crude Oil Facilitators on 00:57 Rating: 5

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