Opinion: Oil Megaprojects Won’t Stay On The Shelf For Long
Green Car Congress
NOVEMBER 6, 2015
One casualty of the oil price downturn could be the megaproject. The collapse of oil prices, however, could kill off the megaproject. By 2017, the company says it will cease deepwater exploration and will sell off its offshore leases that it does not plan on developing. Maintaining access to finance can come at a price.
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