09252018Tue
Last updateMon, 24 Sep 2018 8pm

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End-User News

Funding for Oil, Gas E&P Activities at a Crossroads

“If the oil and gas sector is to meet the growing demand for oil and gas, significant investment will be required over the next five to 10 years,” E&P reports.

One of the key issues, according to Philip Lambert of Lambert Energy Advisory, “is a U.S. foreign policy that is trying to starve large sections of the oil and gas industry of capital provision, Iran being the most obvious followed by Russia, he said.” The other, he says, is “capital bottleneck from oil and gas investors.”  

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