American Oil Companies Curb Large Projects

The largest U.S. #oil #companies curb some expensive and large-scale projects that were planned when the #price was 100 #dollars per #barrel. #ExxonMobil and #Chevron "freeze" plans to develop oil fields in the deep sea, deserts, arctic areas, as #investment in this development implies a huge risk.

Find out more by checking out the Source Link.

Please note that this post was originally published on Vistabrokers.com