Economic TimesThe future of oil is almost here and it doesn't look very prettyEconomic TimesThe world is propelling fast towards a post-oil future when electric batteries will drive the world. After Elon Musk's Tesla popularised electric vehicles ( …
BloombergOil at $50 Has Energy Companies Selling Debt Like It's 2014BloombergBack then, the industry was riding high on $100-a-barrel oil, and companies were selling mountains of debt to fund ambitious growth strategies. It was a time when “almost anyb …
CNNMoneyDesperate oil companies sell stock to raise cashCNNMoneyThe wave of additional stock sales from these publicly-traded companies highlights the enormous amount of stress and fear in the oil patch right now. Cheap oil has already forced drilling and …
CNBCDespite oil rout, don't expect cuts: AnalystCNBCDespite the recent rout in oil, don't expect U.S. shale companies to start cutting capital spending or jobs, analyst Mike Kelly said Tuesday. For one, the budgets were set at the end of last year …