DUBAI / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister ...
Read More »Virus rout pushes US energy explorers to brink of distress
Bloomberg The coronavirus outbreak that has sent markets worldwide on a collective nosedive is forcing US oil and gas explorers already burning through borrowed cash and failing to deliver returns to the brink of distress. Drillers’ fall from grace has worsened as shareholders increasingly demand they shift their focus to generating cash flow, instead of increasing production at any costs. ...
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