Three banks say they will not finance drilling, even as Trump administration lowers barriers.
Lower oil prices will result in oil and gas companies scaling down their flexible investment budgets, especially shale operators in the U.S. as well as some offshore E&P players, Rystad said.
From renewable power projects to cutting emissions from oil and gas operations, supermajors on both sides of the Atlantic are taking different approaches to going greener.
The IRS and U.S. Treasury Dept. have not yet issued final rules on exactly how to implement these credits, causing proponents of carbon capture, use and storage technology a great deal of frustration.
Greenfield projects like the Northeast gas pipe are too risky at the moment, the company says.
The region still boasts great rock, say DUG Bakken and Rockies speakers.