The Globe and Mail | Big Oil still reluctant to open spending taps, Goldman Sachs expert says The Globe and Mail Rattled by the recent downturn in the sector and long-term concerns over oil demand and the switch to renewables, Big Oil is facing an unprecedented challenge. “We're firmly through that survival phase and the better capitalized players are now ... Big Oil still reluctant to open spending taps - Goldman Expect 'extreme volatility' for oil prices due to the Iran sanctions, BP CEO says BP chief says oil and gas divestment threatens energy security |