Monday, 6 March 2017

Leaner, fitter, faster: US Shale 2.0 challenges OPEC again

Leaner, fitter, faster: US Shale 2.0 challenges OPEC again
06 March 2017, Houston — When the who’s who of the oil industry met a year ago in Houston, Saudi Arabia’s energy minister had harsh words for U.S. shale drillers struggling with the worst price crash in a generation. “Lower costs, borrow cash or liquidate,” said Ali Naimi, who managed the world’s largest oil-exporting business […] More »

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