Total SA will cut 150 jobs at its Joslyn oil-sands project in Canada and delay a final investment decision as costs escalate and the company and partner Suncor Energy Inc. look for ways to make the project more profitable.
Royal Dutch Shell Plc’s oil and gas production in the Americas will remain a “low return business” at least through 2015 because of weak prices, according to Sanford C. Bernstein & Co.
"Eni's new CEO may emerge as a male Italian version of Margaret Thatcher by going up against the unions."
- Oswald Clint on Jul 15, 2014
Bernstein Research's Clint Likes Total SA Shares
Clint Says U.S. Oil Growth Insignificant
Bernstein’s Clint Says Brent Crude Will Fall by $10