Antonio Turiel discusses what the future might hold for the energy sector The COVID-19 pandemic has created a serious health crisis, and undeniable economic havoc, a toll that will only become fully evident in the coming years. Some consequences will be less evident than others. One of the obvious consequences is the huge, deep impact that it has had on the oil sector. Since 2013, due to increasing exploitation costs and lower profitability, divestment from the global oil sector has become almost a norm, except in the US fracking sector. From 2014 to 2016, the investment in oil upstream fell […]
