Oil & Gas

Oil & Gas

Banks wrecking projects not on

There is now clear evidence that banks are destroying opportunities - both oil-related and offshore wind - so undermining jobs and the ability of companies to survive the downturn. Given the IHS/CERA report of just a few days ago that warned of serious consequences if there is not a rapid recovery of investment in boosting oil&gas output, short-sighted decision-making by the banking fraternity is plain stupid.

Oil & Gas

Banks wrecking projects not on

There is now clear evidence that banks are destroying opportunities - both oil-related and offshore wind - so undermining jobs and the ability of companies to survive the downturn. Given the IHS/CERA report of just a few days ago that warned of serious consequences if there is not a rapid recovery of investment in boosting oil&gas output, short-sighted decision-making by the banking fraternity is plain stupid.

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