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Investors Iraq News
01-19-2016, 06:59 PM
Oil producers have postponed $380 billion worth projects globally

Following the falling oil prices, International companies have decided to postpone $380 billion in projects so far. A Scotland based energy research and consultancy company, Wood Mackenzie stated that in the second half of 2015, oil companies delayed decisions on 22 projects, equal to 7 billion barrels of crude oil.

Source: IraqDirectory.com (http://iraqdirectory.com/en/2016/01/19/30456/oil-producers-have-postponed-380-billion-worth-projects-globally.aspx)

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