je.st
news
Energy industry must adapt to 'new normal,' Alberta oil executive says
2015-11-30 02:41:20| Oil & Gas - Topix.net
Oil patch financier Murray Edwards sees no return to crude prices of $100 a barrel, and says only energy companies that can squeeze costs as environmental and regulatory requirements increase will survive. Mr. Edwards, chairman of Canadian Natural Resources Ltd., predicted a year ago that crude would sink briefly under $40 a barrel before returning to a higher price.
Tags: normal
industry
says
energy
Category:Energy and Environment
Latest from this category |
All news |
||||||||||||||||||||||||||||||||||||
|
|