Home Oil & Companies News EY analysis reveals how devastating 2020 was for US oil and gas; three paths for producers moving forward

EY analysis reveals how devastating 2020 was for US oil and gas; three paths for producers moving forward

Last year was unique among down cycles experienced by the oil and gas industry, as reflected by considerable drops in oil demand, revenues, capital expenditures (capex) and reserves, according to the EY US oil and gas reserves, production and ESG benchmarking study. The study documents the historic fallout during 2020 with analysis of reserve and …

The post EY analysis reveals how devastating 2020 was for US oil and gas; three paths for producers moving forward first appeared on Hellenic Shipping News Worldwide. Source

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