We have updated our Terms of Use.
Please read our new Privacy Statement before continuing.

Back to the future

20 Jan 2015 By Fiona Maharg-Bravo

Leverage is low and costs and capex can be cut, so the likes of Shell and Total don’t need to slash payouts now. But the current oil price drop has a 1986 feel. Then it took five years to regain the previous peak. If the pain lasts that long, payouts will have to be sliced. 

This content is for Subscribers only


Email a friend

Please complete the form below.

Required fields *


(Separate multiple email addresses with commas)