Home The oil industry's 'day of reckoning' is near
 

Keywords :   


The oil industry's 'day of reckoning' is near

2015-10-25 05:55:02| Oil & Gas - Topix.net

The precipitous decline in the price of oil has crushed profits across the industry, and many drilling projects are expected to hemorrhage money until prices and costs can reach some equilibrium. Dave Lesar, CEO of the oil-services giant Halliburton, believes that a "day of reckoning" for these companies is quickly approaching.

Tags: day near oil reckoning

Category:Energy and Environment

Latest from this category

All news

14.1190's MLB
14.11 THE FIRST FINAL Blu-ray
14.11Nintendo Switch Lite
14.11Summer Eye
14.11 2014
14.11 CD DVD
14.11
14.11120(20) 12
Energy and Environment »
14.1190's MLB
14.11 THE FIRST FINAL Blu-ray
14.11Nintendo Switch Lite
14.11Summer Eye
14.11 2014
14.11 CD DVD
14.11
14.11120(20) 12
More »