Oil crash: Nigeria, others to witness $380bn projects delays

19 January 2016, Lagos —OIL’S slump to 13-year lows has led to serious cutbacks in investments by energy companies, as 68 large upstream oil and gas projects worth $380 billion have already been put on hold. A report from an industry consultancy firm, Wood Mackenzie, stated that, “68 large upstream oil and gas projects worth […] More »