MARKETS

Amid oil price crash, Woodmac picks over Oz LNG's bones

A TOTAL of US$110 billion of projects due to take final investment this year will be delayed and another $100 billion are at risk after the oil price fall has hit the upstream sector hard.

US$110B of upstream projects will be deferred, US$110 more at risk

US$110B of upstream projects will be deferred, US$110 more at risk

Of the 50 global projects the analyst group identified as having a chance of going ahead this year, only 10 now have a chance of proceeding, according to recent research by consultancy Wood Mackenzie. ...

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