Oil firms shelve $200B in new projects amid price slump The world's big energy groups have shelved $200 billion of spending on new projects in an urgent round of cost-cutting aimed at protecting investors' dividends as the oil price slumps for a second time this year. The Financial Times reports.
Source: Financial Times
| By: Christopher Adams
Will Asia disrupt energy financing? Faced with a yawning energy deficit in years ahead and the need to protect against climate change, Asia is looking for fresh ways to finance its shift toward renewables.
| By: Leslie Shaffer