Upstream industry caught in a Capex conundrum

Wednesday, 02 January 2019

Hit by a triple-whammy of weak cash flows, meager profits and slumping stock values, CEOs in the oil and gas industry are vary about continuing to invest in increasingly risky fossil fuels. Looking for a quick return, investors want oil majors to prioritize profits over production growth. Some refocus on electricity markets. 


Subscriber content
 

This content is available only to subscribers
please log in below or subscribe now / request a free trial