Nobody seems willing to cut back when it comes to oil production around the world. Countries like Saudi Arabia and Russia try to balance their budgets with oil hovering around $35 a barrel, while Shell plans to lay off 2,800 employees after its takeover by BG.
The 'New Reality' Of Low Oil
Nobody seems willing to cut back when it comes to oil production around the world. Countries like Saudi Arabia and Russia try to balance their budgets with oil hovering around $35 a barrel, while Shell plans to lay off 2,800 employees after its takeover by BG.
Dec 15, 2015
Latest in Energy
Oklo Picks Tennessee for $1.7B Advanced Fuel Center
September 12, 2025
Court Says Europe Can Call Nuclear, Natural Gas Investments 'Green'
September 12, 2025