Create a free Manufacturing.net account to continue

Report Warns Oil Industry to Reform

As oil prices tumble, the industry is warned to reform if it wants to survive. That's according to a new report by DNV GL, which says companies need to cut capital expenditure and staff, while also put pressure on the supply chain.

As oil prices tumble, the industry is warned to reform if it wants to survive. That's according to a new report by DNV GL, which says companies need to cut capital expenditure and staff, while also put pressure on the supply chain. Laura Frykberg reports.
 

More in Chemical Processing