65,000 Jobs Lost in North Sea
The low price is affecting more mature areas of production too and nowhere is that more so than the British North Sea.
Read the latest insights and analysis from the experts at Oil Change International.
The low price is affecting more mature areas of production too and nowhere is that more so than the British North Sea.
The US shale revolution is slowly grinding to a halt as the continuing low oil price takes its toll on the viability of fracking in the country.
Those in the oil industry hoping for a reprieve from the volatility of the oil price had their hopes dashed yesterday as the price of oil dropped to its lowest level in four months.
A year on from the start of one of the biggest oil price plunges in recent history, it seems there is going to be no let-up in the turbulence caused by the oil price fluctuations.
There has been increasing speculation over the last twenty-four hours that the oil price might start to rally upwards.
As world leaders converged on the Swiss town of Lausanne over the weekend, their historic deliberations about Iran’s nuclear programme were said to have reached the “end-game” before the deadline at the end of the month.
Resource sovereignty, OPEC and climate change: implications for Ecuador in the struggle to protect biodiversity and indigenous rights in Yasuni National Park