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Opinion: Oil Megaprojects Won’t Stay On The Shelf For Long

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One casualty of the oil price downturn could be the megaproject. For years, as conventional oil reserves depleted and became increasingly hard to find, oil companies ventured into far-flung locales to find new sources of production. The collapse of oil prices, however, could kill off the megaproject.

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Day Of Reckoning For US Shale Will Have To Wait

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It may just delay the adjustment for oil markets. “It Maintaining access to finance can come at a price. Bond markets have essentially been ruled out as a new source of finance for high-yield producers. The ratings agency cut its forecasted oil price for 2016 to just $48 per barrel.

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Opinion: Political Climate Shifting Against The Oil And Gas Industry

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Oil and gas companies have had a tough time over the past year trying to weather the storm of falling oil prices. Drilling oil and gas wells requires a lot of money. For companies that have seen their revenues vanish because of collapsing oil prices, access to credit is obviously critically important. billion in 2014.

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Perspective: Regional Greenhouse Gas Cap-and-Trade Programs May be the Solution

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Environmentalists and industries resurrected the idea in recent years as a centerpiece of measures to address global warming and growing oil imports. It covers ten Northeastern and Mid-Atlantic states (Connecticut, Delaware, Maine, Maryland, Massachusetts, New Hampshire, New Jersey, New York, Rhode Island, and Vermont).

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