Thu, Aug 21, 2014
A A A
Welcome kbr175@gmail.com
RSS

Commodities Briefing - Categorized | Investment, Oil more

Oil groups warned over spending on high-cost areas

Posted on 08 May 2014

Oil companies with reserves in high-cost areas such as Canadian tar sands or deep water are at risk of committing too much capital to uneconomic projects, according to an environmental campaign group that works with investors to highlight the risks of climate change.
In a report to be published on Thursday, Carbon Tracker warned that policies to curb greenhouse gas emissions and improve energy efficiency would restrict future oil demand and prices, meaning that companies with high-cost production would find they could not earn acceptable returns on their investments………………………………………..Full Article: Source


 Article link

This post was written by:

VRS - who has written 36545 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

August 2014
S M T W T F S
« Jul    
 12
3456789
10111213141516
17181920212223
24252627282930
31