Many oil projects unviable at $45 price, says SPE

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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