Published June 2016
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Responding to the oil counter-shock: the three-step strategy implemented by oil majors - debt reduction, divestment and diversification
Description
Due to low oil prices, lack of demand and pressure from shareholders, oil companies are speeding up changes to their economic model. Penalized by decreasing revenues and increasing debt, majors have begun to drastically reduce their investments, refocus on more profitable activity segments, and expand their activities to new energy sources. (author)
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Additional details
Additional titles
- Original title (French)
- En reponse au contre-choc petrolier, la strategie en trois etapes des majors petroliers: desendettement, desinvestissement et diversification
Publishing Information
- Imprint Pagination
- 12 p.
- Report number
- INIS-FR--18-0771
INIS
- Country of Publication
- France
- Country of Input or Organization
- France
- INIS RN
- 49053261
- Subject category
- S02: PETROLEUM;
- Resource subtype / Literary indicator
- Numerical Data
- Descriptors DEI
- BUDGETS; BUSINESS; DIVERSIFICATION; ECONOMIC ANALYSIS; FINANCIAL DATA; INVESTMENT; MARKET; PETROCHEMISTRY; PETROLEUM INDUSTRY; PRODUCTION; PROFITS; WELLHEAD PRICES
- Descriptors DEC
- CHEMISTRY; DATA; ECONOMICS; INDUSTRY; INFORMATION; NUMERICAL DATA; PRICES
Optional Information
- Notes
- Available from the INIS Liaison Officer for France, see the INIS website for current contact and E-mail addresses