Opinion: Oil Megaprojects Won’t Stay On The Shelf For Long
Green Car Congress
NOVEMBER 6, 2015
That is a feature that is hard to overemphasize in today’s oil pricing environment. 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 narrower focus on smaller projects, especially shale, could mean the end of the megaproject.
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