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Big Oil Faces Long-Term Problems

May 12th, 2014 · No Comments

  • Oil majors face serious challenges, for decades, resource nationalization has kept them out of many of the cheapest fields.
  • They’re struggling to replace existing reserves and production with new reserves and production.
  • Climate change could present them with a staggering $28 trillion bill.

Big Oil Under Serious Threat | Seeking Alpha

Tags: Energy