The UK offshore oil and gas industry has reported its worst annual performance for four decades.
Industry body Oil & Gas UK said falling oil prices and rising costs meant the sector spent and invested £5.3bn more than it earned from sales during 2014.
Showing posts with label US production. Show all posts
Showing posts with label US production. Show all posts
Wednesday, February 25, 2015
Thursday, March 13, 2014
Fracking is turning the US into a bigger oil producer than Saudi Arabia
Hector Gallegos sits in the cab of his pick-up enjoying a few hours of calm.
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