Many oil projects unviable at $45 price, says SPE


Femi Asu The Society of Petroleum Engineers Nigeria Council has said many oil and gas projects are not economic at the current oil price of $45 per barrel. The Chairman, SPE Nigeria Council, Joseph Nwakwue, said the collapse in crude oil prices and demand had huge negative implications for petroleum engineers. Nwakwue spoke at a

Source: Punch Newspaper