Investing in downturn
The resource industries struggle with the commodity price cycle. The current one is clearly structural rather than psychological and companies have few alternatives in response, writes Bruce Levell, Visiting Professor, Department of Eath Sciences, Oxford University.
Article details
Journal title: Petroleum Review
Region: Worldwide
Publisher: Energy Institute
Subjects: Earth sciences, Research and development, Oil and gas, Exploration, Exploration and production, Hydraulic fracturing, Directional drilling