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How oil and gas firms can thrive in a smaller profit pool
Business, Published on 22/06/2018
» Buoyancy has returned to the oil and gas industry as prices stabilise in the range of US$50 to $70 per barrel. Capital spending is rebounding and new upstream projects are being launched weekly. In previous cycles, this is about the point where executives forgot the hard-won lessons of the downturn and began to spend again, pursing growth at the cost of efficiency.
Bain spots capital spending rebound on oil buoyancy
Business, Published on 21/06/2018
» Capital spending is rebounding and new upstream projects are launching weekly as the price of oil stabilises in the $50-$70 range, according to global consulting firm Bain & Co.