Tag Archives: oil

Understanding Decommissioning & Rehabilitation

The activities of the extractive industry (mining, oil and gas) without a doubt have an impact on the environment after these activities have come to an end. Natural resources are finite in nature (we won’t have these resources forever) and as such there will come a time when all the oil and mineral reserves available for extraction are no longer ...

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The Oil Market Is At A Major Turning Point

oil

Often the most important turning points in markets, and in this case the oil market, happen with a whimper rather than a bang. The ongoing crash in the oil market is mostly associated with OPEC’s fateful 2014 Thanksgiving Day decision to abstain from a production cut, thus sending the oil prices tumbling down by close to 10 percent in a ...

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