Remove Cheap Remove Cost Remove Niger Remove Nigeria
article thumbnail

The Technical Failure That Could Clear The Oil Glut In A Matter Of Weeks

Green Car Congress

Between 2012 and 2016, Maersk had been working on field development, slated to have cost $1.5 His assessments are based on regional (OPEC) developments, as production of oil and gas in the so-called cheap oil regions is also under threat. But the current production increases in Nigeria, Iraq and Libya, will most probably be temporary.

Oil 186