for Oil and Gas
Making a profit in the shale patch has been an uphill battle to begin with for many companies, but the latest crash in crude prices makes that task much more difficult. Bankruptcies could begin to rise if oil prices fail to rebound.
China hasn't included crude oil on a list of tarifed products, but that does not mean that the energy trade will emerge from the escalating trade war unscathed. Already, the trade spat has disrupted the flow of energy between the two countries.
The attack was designed to spark action against climate change, but the only real outcome from the sabotage was creating risk of a massive oil spill.
North American crude oil producers are not cash flow positive, and haven’t been since the beginning of the shale boom. With oil prices set to stay low, here's how the sector will rebalance itself.
Due to the increasing integration of operational technology systems, the oil and gas industry is more vulnerable to cyberterror than ever before.